223 Wayside DrWinston SalemNC27107
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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
Investment Highlights
Rental property for sale in Winston Salem at 223 Wayside Dr, Winston Salem, NC, 27107 priced at $115,000 pairs $1,080/mo rent with $379/mo cash flow after a $563/mo payment. Total monthly income equals $1,080/mo, and annual cash flow comes to $4,548/yr on $38,123 invested. Return on cash invested is 31.84% in year one, and rental yield stands at 11.27% on a $115,000 basis. Equity gained on principal adds $742/yr, and 5% annual appreciation accumulates to $31,772 by year five. Five-year ROI measures 166.67% and total cumulative return in cash reaches $63,537. For financing, Ziffy Mortgage’s DSCR program evaluates $1,080/mo property income against a $563/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1940
0.88 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27107, Winston Salem, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,531 (100%) |
| Owner Occupied HU | 12,845 (62.6%) |
| Renter Occupied HU | 6,463 (31.5%) |
| Vacant Housing Units | 1,223 ( 6.0%) |
| Median Home Value | $244,988 |
| Average Home Value | $274,454 |
Housing Distribution
Address Breakdown
Residential
19,550
Single Family
17,989
Multi-Family
1,561
Businesses
806
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Listed by: Jeanne Eaton • House Trackers Realty, Inc.
Mls Name: Triad MLS
Mls ID: #1204651