1288 Cloister 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 1288 Cloister Dr, Winston Salem, NC, 27127 earns $607/mo cash flow from $2,094/mo rent with a $1,194/mo payment. Total monthly income totals $2,094/mo, and annual cash flow totals $7,286/yr on $80,886 capital. ROI tracks 28.92% on current figures, and rental yield reads 10.3% at a $244,000 purchase. Equity gained on principal adds $1,574/yr, and 5% annual appreciation supports $67,413 over five years. Five-year ROI reaches 151.07% and total cumulative return in cash sums $122,194. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,094/mo property income instead of your personal income.
Single Family
Built in 1958
0.33 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: Gustavo Pena • Magnolia Tree Realty
Mls Name: Triad MLS
Mls ID: #1194102