3037 Scarlet Tanager DrWinston 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 3037 Scarlet Tanager Dr, Winston Salem, NC, 27106 generates $4,880/mo in rent, after a $7,293/mo payment. Total monthly income is $4,880/mo. Return on cash invested sits at 9.93% in year one, and rental yield is 3.93% on a $1,490,000 entry. Equity gained on principal adds $9,615/yr, while 5% annual appreciation builds toward $411,660 over five years. Five-year ROI reaches 49.09% and total cumulative return in cash sums $236,980. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,880/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
0.39 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: Courtney Pizzitola • Berkshire Hathaway HomeServices Carolinas Realty
Mls Name: Triad MLS
Mls ID: #1179727