143 Norman RdWinston SalemNC27106
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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
Rental property for sale in Winston Salem at 143 Norman Rd, Winston Salem, NC, 27106 offers $2,015/mo rent that, after a $2,934/mo payment. Total monthly income is $2,015/mo. Return on cash invested measures 10.09% in year one, and rental yield stands at 4.03% at a $599,500 entry. Equity gained on principal adds $3,868/yr while 5% annual appreciation compounds into $165,631 by year five. Five-year ROI records 50.05% and total cumulative return in cash reaches $98,711. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,015/mo property income versus a $2,934/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1966
1.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27106, Winston Salem, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,147 (100%) |
| Owner Occupied HU | 11,926 (49.4%) |
| Renter Occupied HU | 10,033 (41.5%) |
| Vacant Housing Units | 2,188 ( 9.1%) |
| Median Home Value | $358,387 |
| Average Home Value | $410,116 |
Housing Distribution
Address Breakdown
Residential
22,516
Single Family
16,443
Multi-Family
6,073
Businesses
993
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Listed by: Elizabeth Horn • Southern Charm Properties
Mls Name: Triad MLS
Mls ID: #1189625