111 Chrisfield CirWinston SalemNC27104
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 111 Chrisfield Cir, Winston Salem, NC, 27104 generates $1,594/mo in rent and, after a $1,101/mo payment, leaves $223/mo in cash flow. Total monthly income is $1,594/mo, and annual cash flow is $2,676/yr on $74,588 invested. Return on cash invested sits at 23.5% in year one, and rental yield is 8.5% on a $225,000 entry. Equity gained on principal adds $1,452/yr, while 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 121.95% and total cumulative return in cash sums $90,957. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,594/mo property income rather than buyer’s personal income.
Townhouse
Built in 1987
0.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27104, Winston Salem, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,164 (100%) |
| Owner Occupied HU | 8,387 (55.3%) |
| Renter Occupied HU | 5,812 (38.3%) |
| Vacant Housing Units | 965 ( 6.4%) |
| Median Home Value | $389,450 |
| Average Home Value | $466,665 |
Housing Distribution
Address Breakdown
Residential
14,542
Single Family
10,768
Multi-Family
3,774
Businesses
595
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Delana Newsom • The Agency - Newsom Homes
Mls Name: Triad MLS
Mls ID: #1205893