1285 Lockland TerWinston SalemNC27103
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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 1285 Lockland Ter, Winston Salem, NC, 27103 offers a 5.32% rental yield on a $470,500 purchase with $2,084/mo rent. 88% in year one. Equity gained on principal adds $3,036/yr while 5% annual appreciation supports $129,990 over five years. Portfolio math shows five-year ROI at 70.4% and total cumulative return in cash at $109,798. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,084/mo property income against a $2,303/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1945
1.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27103, Winston Salem, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,218 (100%) |
| Owner Occupied HU | 9,486 (49.4%) |
| Renter Occupied HU | 8,029 (41.8%) |
| Vacant Housing Units | 1,703 ( 8.9%) |
| Median Home Value | $280,831 |
| Average Home Value | $315,897 |
Housing Distribution
Address Breakdown
Residential
17,643
Single Family
14,415
Multi-Family
3,228
Businesses
2,093
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Listed by: Hollie Lunnen • Coldwell Banker Advantage
Mls Name: Triad MLS
Mls ID: #1194589