2743 Melinda DrWinston 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 2743 Melinda Dr, Winston Salem, NC, 27103 earns from $2,100/mo rent with a $1,786/mo payment. Total monthly income totals $2,100/mo. ROI tracks 18.68% on current figures, and rental yield reads 6.9% at a $365,000 purchase. Equity gained on principal adds $2,355/yr, and 5% annual appreciation supports $100,843 over five years. Five-year ROI reaches 96.12% and total cumulative return in cash sums $116,299. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,100/mo property income instead of your personal income.
Single Family
Built in 1958
0.26 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: Matt Ingram • Real Broker LLC
Mls Name: Triad MLS
Mls ID: #1190003