1500 Cloverdale AveWinston SalemNC27104
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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 1500 Cloverdale Ave, Winston Salem, NC, 27104 generates $2,931/mo in rent and, after a $1,664/mo payment, leaves $859/mo in cash flow. Total monthly income is $2,931/mo, and annual cash flow is $10,309/yr on $112,677 invested. Return on cash invested sits at 29.06% in year one, and rental yield is 10.35% on a $339,900 entry. Equity gained on principal adds $2,193/yr, while 5% annual appreciation builds toward $93,908 over five years. Five-year ROI reaches 151.82% and total cumulative return in cash sums $171,071. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,931/mo property income rather than buyer’s personal income.
Single Family
Built in 1928
0.24 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
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Listed by: Craig Tribus • Beycome Brokerage Realty LLC
Mls Name: Triad MLS
Mls ID: #1205889