1 Davie AveWinston SalemNC27127
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Winston Salem at 1 Davie Ave, Winston Salem, NC, 27127 priced at $175,000 pairs $1,733/mo rent with $666/mo cash flow after a $857/mo payment. Total monthly income equals $1,733/mo, and annual cash flow comes to $7,992/yr on $58,013 invested. Return on cash invested is 33.69% in year one, and rental yield stands at 11.88% on a $175,000 basis. Equity gained on principal adds $1,129/yr, and 5% annual appreciation accumulates to $48,349 by year five. Five-year ROI measures 176.58% and total cumulative return in cash reaches $102,439. For financing, Ziffy Mortgage’s DSCR program evaluates $1,733/mo property income against a $857/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1986
0.18 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27127, Winston Salem, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,349 (100%) |
| Owner Occupied HU | 11,067 (60.3%) |
| Renter Occupied HU | 6,116 (33.3%) |
| Vacant Housing Units | 1,166 ( 6.4%) |
| Median Home Value | $234,349 |
| Average Home Value | $278,540 |
Housing Distribution
Address Breakdown
Residential
17,732
Single Family
15,536
Multi-Family
2,196
Businesses
673
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Royda Turman • Keller Williams Realty Elite
Mls Name: Triad MLS
Mls ID: #1194059