2 3058th DrWinston SalemNC27106
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThis Winston Salem rental at 2 3058th Dr, Winston Salem, NC, 27106 sits in the solid-income band: 15.92% gross yield, $1,367/mo rent, $479/mo net after the $463/mo debt service, DSCR 2.95. Entry price of $103,000 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $28,457 and $949/yr in principal reduction bring total cumulative return to $71,035.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 15.9% | 6.5% |
| Monthly Cash Flow | $479 | $320 |
City averages based on Winston Salem market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,367 |
| Total Monthly Debt Service | $847 |
| DSCR Ratio | 1.61x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1970
N/A lot
$N/A/sqft
$260 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 1970
N/A lot
$N/A/sqft
$260 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices