151 Cedar Lake TrlWinston 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
Investment property for sale in Winston Salem at 151 Cedar Lake Trl, Winston Salem, NC, 27104 with 5% annual appreciation on a $159,000 basis while $1,224/mo rent supports operations. Total monthly income totals $1,224/mo and a $778/mo payment preserves $255/mo for cash returns. Annual cash flow comes to $3,062/yr on $52,709 deployed, and return on cash invested reaches 25.72% in year one. Equity gained on principal adds $1,026/yr, and five-year appreciation sums $43,929 alongside rental yield of 9.24%. Five-year ROI measures 133.96% and total cumulative return in cash totals $70,608.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,224/mo property income versus a $778/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1979
0.01 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: Lisa Hill • Keller Williams Realty Elite
Mls Name: Triad MLS
Mls ID: #1203221