162 Midpines 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 162 Midpines Dr, Winston Salem, NC, 27127 offers a 8.31% rental yield on a $275,000 purchase with $1,904/mo rent. Total monthly income registers $1,904/mo, and a $1,346/mo payment leaves $228/mo available for distribution. Annual cash flow reaches $2,736/yr on $91,163 to close, and return on cash invested stands at 22.91% in year one. Equity gained on principal adds $1,775/yr while 5% annual appreciation supports $75,977 over five years. Portfolio math shows five-year ROI at 118.81% and total cumulative return in cash at $108,311. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,904/mo property income against a $1,346/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1964
N/A 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: Randy Turner • Keller Williams Realty Elite
Mls Name: Triad MLS
Mls ID: #1197470