2657 Oak Grove CirWinston 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 2657 Oak Grove Cir, Winston Salem, NC, 27106 generates $923/mo in rent and, after a $575/mo payment, leaves $207/mo in cash flow. Total monthly income is $923/mo, and annual cash flow is $2,484/yr on $38,951 invested. Return on cash invested sits at 26.29% in year one, and rental yield is 9.43% on a $117,500 entry. Equity gained on principal adds $758/yr, while 5% annual appreciation builds toward $32,463 over five years. Five-year ROI reaches 136.88% and total cumulative return in cash sums $53,318. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $923/mo property income rather than buyer’s personal income.
Single Family
Built in 1948
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: Chasity Carroll • Coldwell Banker Advantage
Mls Name: Triad MLS
Mls ID: #1204446