1113 Louise RdWinston SalemNC27107
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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 1113 Louise Rd, Winston Salem, NC, 27107 offers a 9.65% rental yield on a $135,000 purchase with $1,086/mo rent. Total monthly income registers $1,086/mo, and a $661/mo payment leaves $263/mo available for distribution. Annual cash flow reaches $3,156/yr on $44,753 to close, and return on cash invested stands at 26.96% in year one. Equity gained on principal adds $871/yr while 5% annual appreciation supports $37,298 over five years. Portfolio math shows five-year ROI at 140.51% and total cumulative return in cash at $62,881. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,086/mo property income against a $661/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1949
0.18 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27107, Winston Salem, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,531 (100%) |
| Owner Occupied HU | 12,845 (62.6%) |
| Renter Occupied HU | 6,463 (31.5%) |
| Vacant Housing Units | 1,223 ( 6.0%) |
| Median Home Value | $244,988 |
| Average Home Value | $274,454 |
Housing Distribution
Address Breakdown
Residential
19,550
Single Family
17,989
Multi-Family
1,561
Businesses
806
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Listed by: Dasan Maisonet • eXp Realty
Mls Name: Triad MLS
Mls ID: #1205551