2904 Windy Ridge DrWinston SalemNC27127
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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 2904 Windy Ridge Dr, Winston Salem, NC, 27127 offers a 11.72% rental yield on a $204,500 purchase with $1,998/mo rent. Total monthly income registers $1,998/mo, and a $1,001/mo payment leaves $557/mo available for distribution. Annual cash flow reaches $6,679/yr on $67,792 to close, and return on cash invested stands at 29.76% in year one. Equity gained on principal adds $1,320/yr while 5% annual appreciation supports $56,500 over five years. Portfolio math shows five-year ROI at 156.82% and total cumulative return in cash at $106,313. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,998/mo property income against a $1,001/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1985
0.03 Acres lot
$N/A/sqft
$195 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27127, Winston Salem, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,349 (100%) |
| Owner Occupied HU | 11,067 (60.3%) |
| Renter Occupied HU | 6,116 (33.3%) |
| Vacant Housing Units | 1,166 ( 6.4%) |
| Median Home Value | $234,349 |
| Average Home Value | $278,540 |
Housing Distribution
Address Breakdown
Residential
17,732
Single Family
15,536
Multi-Family
2,196
Businesses
673
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Listed by: Mehdi Kaussari • MK1 Real Estate Company, LLC
Mls Name: Triad MLS
Mls Provider:
Mls ID: #1149762
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