2250 Sunderland Rd APT 29BWinston SalemNC27103
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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 2250 Sunderland Rd APT 29B, Winston Salem, NC, 27103 uses $43,062 cash to close to unlock $7,237/yr annual cash flow and $603/mo monthly cash flow. Total monthly income runs $1,395/mo, and a $636/mo payment keeps the spread at $603/mo. Purchase price stands at $129,900, and rental yield measures 12.89% with $1,395/mo rent. Return on cash invested shows 36.72% in year one, and 5% annual appreciation builds toward $35,889 over five years. Five-year ROI reaches 192.97% and total cumulative return in cash records $83,095. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,395/mo property income covering a $636/mo payment rather than investor’s personal income.
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
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Listed by: Blake Ginther • Keller Williams Realty Elite
Mls Name: Triad MLS
Mls ID: #1204883