About This Home

This 2-bedroom, 1-bathroom single family at 517 Mystic Drive in Greensboro, NC is listed for $89,900 ($128 per sqft). Built in 1994, the home offers 700 sqft of living space on a 0.01 acres lot.

Key Features

  • Built in 1994
  • 0.01 acre lot

Property Details

1 full
1994
Listing Description

Turnkey investment opportunity with strong cash flow! This 2 bedroom, 1 bathroom rental property is currently tenant-occupied with a lease in place at $995/month through December 31, 2026, offering immediate and consistent income for the next owner. The home features laminate flooring throughout the main living areas with new carpet in the bedrooms, providing a clean and low-maintenance interior.

The HVAC system was replaced in 2022, adding to the property's overall efficiency and reducing near-term capital expenses. Whether you're looking to expand your portfolio or secure a reliable income-producing property, this is a great opportunity with stable returns already in place.

Monthly Cost Estimate

$481/mo

20% down · 6.5% · 30 years

Principal$65
Interest$390
Insurance$26

Estimates only. Actual payments may vary.

Location

517 Mystic Drive

Greensboro, NC 27406

Questions & Answers

This 2-bedroom, 1-bathroom single family at 517 Mystic Drive is listed at $89,900 ($128/sqft). The estimated monthly payment is $481 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1994, 0.01 acre lot.

This property is listed by Stacy Guske.

SG

Stacy Guske

Agent at NextHome, Inc

Listed by NextHome, Inc · Broker phone: 3364238726 · Broker website

MLS# 1230411· Source: NextHome, Inc· 5 days on PropertySimple

Copyright © 2026 NextHome, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

517 Mystic Drive, Greensboro, NC 27406

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