302 Timberline DrWinston SalemNC27101
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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 302 Timberline Dr, Winston Salem, NC, 27101 priced at $139,900 converts $1,213/mo rent into $360/mo cash flow after a $685/mo obligation. Total monthly income equals $1,213/mo, and annual cash flow totals $4,321/yr on $46,377 invested. Return on cash invested prints 29.23% in year one, and rental yield reads 10.4% against a $139,900 entry. Equity gained on principal adds $903/yr, while 5% annual appreciation compiles into $38,652 by year five. Five-year ROI reaches 152.77% and total cumulative return in cash sums $70,851. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,213/mo property income covering a $685/mo payment, not borrower’s personal income.
Townhouse
Built in 1980
871.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27101, Winston Salem, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,774 (100%) |
| Owner Occupied HU | 3,346 (26.2%) |
| Renter Occupied HU | 7,952 (62.3%) |
| Vacant Housing Units | 1,476 (11.6%) |
| Median Home Value | $306,590 |
| Average Home Value | $330,857 |
Housing Distribution
Address Breakdown
Residential
11,118
Single Family
7,441
Multi-Family
3,677
Businesses
1,563
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