2930-2970 3050 Buchanan St #6-5-13Winston 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 2930-2970 3050 Buchanan St #6-5-13, Winston Salem, NC, 27127 uses $84,533 cash to close to unlock $1,632/yr annual cash flow and $136/mo monthly cash flow. Total monthly income runs $1,690/mo, and a $1,248/mo payment keeps the spread at $136/mo. Purchase price stands at $255,000, and rental yield measures 7.95% with $1,690/mo rent. Return on cash invested shows 21.84% in year one, and 5% annual appreciation builds toward $70,452 over five years. Five-year ROI reaches 113.05% and total cumulative return in cash records $95,564. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,690/mo property income covering a $1,248/mo payment rather than investor’s personal income.
Single Family
Built in N/A
7.37 Acres lot
$N/A/sqft
No 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: John Mooney • Hubbard Commercial, LLC
Mls Name: Triad MLS
Mls Provider:
Mls ID: #1147987
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