2643 Reid StWinston SalemNC27107
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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 2643 Reid St, Winston Salem, NC, 27107 listed at $254,900 pairs $2,178/mo rent with a $1,248/mo payment to leave $624/mo cash flow. Total monthly income runs $2,178/mo, and annual cash flow reaches $7,489/yr on $84,499 cash to close. Return on cash invested measures 28.77% in year one, and rental yield registers 10.25% at a $254,900 basis. Equity gained on principal adds $1,645/yr, and annual property appreciation at 5% supports $70,424 by year five. Five-year ROI tracks 150.29% and total cumulative return in cash totals $126,996. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,178/mo property income relative to a $1,248/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
0.23 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: Stacy Guske • Nexthome Gold Key Realty
Mls Name: Triad MLS
Mls ID: #1188772