2250 Sunderland Rd APT 29BWinston SalemNC27103
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Winston Salem rentals match the income profile of 2250 Sunderland Rd APT 29B, Winston Salem, NC, 27103. Listed at $129,900, gross rent is $1,395/mo and net cash flow is $603/mo, a 12.89% yield well above national averages. DSCR 2.39 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $35,889 by year five with $1,196/yr in annual principal reduction, projecting $88,088 in total cumulative return.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.9% | 6.5% |
| Monthly Cash Flow | $603 | $320 |
City averages based on Winston Salem market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,395 |
| Total Monthly Debt Service | $740 |
| DSCR Ratio | 1.89x |
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 1973
0.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27103, Winston Salem, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,218 (100%) |
| Owner Occupied HU | 9,486 (49.4%) |
| Renter Occupied HU | 8,029 (41.8%) |
| Vacant Housing Units | 1,703 ( 8.9%) |
| Median Home Value | $280,831 |
| Average Home Value | $315,897 |
Housing Distribution
Address Breakdown
Residential
17,643
Single Family
14,415
Multi-Family
3,228
Businesses
2,093
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 1973
0.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27103, Winston Salem, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,218 (100%) |
| Owner Occupied HU | 9,486 (49.4%) |
| Renter Occupied HU | 8,029 (41.8%) |
| Vacant Housing Units | 1,703 ( 8.9%) |
| Median Home Value | $280,831 |
| Average Home Value | $315,897 |
Housing Distribution
Address Breakdown
Residential
17,643
Single Family
14,415
Multi-Family
3,228
Businesses
2,093
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Triad MLS
Mls ID: #1204883