213 Ivy Glen CtWinston 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 213 Ivy Glen Ct, Winston Salem, NC, 27127 with 5% annual appreciation on a $162,750 basis while $1,586/mo rent supports operations. Total monthly income totals $1,586/mo and a $797/mo payment preserves $594/mo for cash returns. Annual cash flow comes to $7,124/yr on $53,952 deployed, and return on cash invested reaches 33.11% in year one. Equity gained on principal adds $1,050/yr, and five-year appreciation sums $44,965 alongside rental yield of 11.69%. Five-year ROI measures 173.56% and total cumulative return in cash totals $93,637.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,586/mo property income versus a $797/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 2000
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: Michelle Chapman • ERA Live Moore
Mls Name: Triad MLS
Mls ID: #1207362