312 Winding Forest DrWinston SalemNC27104
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 312 Winding Forest Dr, Winston Salem, NC, 27104 priced at $125,000 pairs $1,064/mo rent with $302/mo cash flow after a $612/mo payment. Total monthly income equals $1,064/mo, and annual cash flow comes to $3,624/yr on $41,438 invested. Return on cash invested is 28.65% in year one, and rental yield stands at 10.21% on a $125,000 basis. Equity gained on principal adds $807/yr, and 5% annual appreciation accumulates to $34,535 by year five. Five-year ROI measures 149.62% and total cumulative return in cash reaches $61,997. For financing, Ziffy Mortgage’s DSCR program evaluates $1,064/mo property income against a $612/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1985
0.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27104, Winston Salem, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,164 (100%) |
| Owner Occupied HU | 8,387 (55.3%) |
| Renter Occupied HU | 5,812 (38.3%) |
| Vacant Housing Units | 965 ( 6.4%) |
| Median Home Value | $389,450 |
| Average Home Value | $466,665 |
Housing Distribution
Address Breakdown
Residential
14,542
Single Family
10,768
Multi-Family
3,774
Businesses
595
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: L Calvin Ramsey, Jr. • Ramsey Realtors Team, Inc
Mls Name: Triad MLS
Mls ID: #1190886