1008 Kingstree Ridge DrWinston SalemNC27127
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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
Investment property for sale in Winston Salem at 1008 Kingstree Ridge Dr, Winston Salem, NC, 27127 uses $104,423 cash to close to unlock $3,372/yr annual cash flow and $281/mo monthly cash flow. Total monthly income runs $2,201/mo, and a $1,542/mo payment keeps the spread at $281/mo. Purchase price stands at $315,000, and rental yield measures 8.38% with $2,201/mo rent. Return on cash invested shows 23.14% in year one, and 5% annual appreciation builds toward $87,029 over five years. Five-year ROI reaches 120.03% and total cumulative return in cash records $125,333. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,201/mo property income covering a $1,542/mo payment rather than investor’s personal income.
Single Family
Built in 1988
0.28 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
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Listed by: Amy Scheid • R&B Legacy Group
Mls Name: Triad MLS
Mls ID: #1204318