2428 Gilmer AveWinston SalemNC27105
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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
Investment property for sale in Winston Salem at 2428 Gilmer Ave, Winston Salem, NC, 27105 at $115,000 posts ROI 38.1% with $578/mo cash flow from $1,279/mo rent. Total monthly income equals $1,279/mo, and annual cash flow records $6,936/yr on $38,123 to close. Return on cash invested measures 38.1% and rental yield reads 13.35% at the current $115,000. Equity gained on principal adds $742/yr, and 5% annual appreciation supports $31,772 by year five. Five-year ROI prints 200.28% and total cumulative return in cash totals $76,353.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,279/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1940
0.18 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27105, Winston Salem, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,177 (100%) |
| Owner Occupied HU | 8,036 (44.2%) |
| Renter Occupied HU | 8,132 (44.7%) |
| Vacant Housing Units | 2,009 (11.1%) |
| Median Home Value | $176,856 |
| Average Home Value | $256,428 |
Housing Distribution
Address Breakdown
Residential
16,107
Single Family
15,064
Multi-Family
1,043
Businesses
1,162
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Listed by: Louis Gozan • Keller Williams One
Mls Name: Triad MLS
Mls Provider:
Mls ID: #1137835
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