224 Forest Brook DrWinston SalemNC27106
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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
Rental property for sale in Winston Salem at 224 Forest Brook Dr, Winston Salem, NC, 27106 priced at $335,000 converts $2,270/mo rent into $228/mo cash flow after a $1,640/mo obligation. Total monthly income equals $2,270/mo, and annual cash flow totals $2,736/yr on $111,053 invested. Return on cash invested prints 22.37% in year one, and rental yield reads 8.13% against a $335,000 entry. Equity gained on principal adds $2,162/yr, while 5% annual appreciation compiles into $92,554 by year five. Five-year ROI reaches 115.92% and total cumulative return in cash sums $128,732. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,270/mo property income covering a $1,640/mo payment, not borrower’s personal income.
Single Family
Built in 1982
0.20 Acres lot
$N/A/sqft
No 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
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Listed by: Arlene Rouse • Village Realty
Mls Name: Triad MLS
Mls ID: #1204058