338 Hamilton AveWinston SalemNC27107
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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 338 Hamilton Ave, Winston Salem, NC, 27107 earns $96/mo cash flow from $1,702/mo rent with a $1,290/mo payment. Total monthly income totals $1,702/mo, and annual cash flow totals $1,150/yr on $87,350 capital. ROI tracks 21.23% on current figures, and rental yield reads 7.75% at a $263,500 purchase. Equity gained on principal adds $1,700/yr, and 5% annual appreciation supports $72,800 over five years. Five-year ROI reaches 109.78% and total cumulative return in cash sums $95,892. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,702/mo property income instead of your personal income.
Single Family
Built in 1962
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27107, Winston Salem, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,531 (100%) |
| Owner Occupied HU | 12,845 (62.6%) |
| Renter Occupied HU | 6,463 (31.5%) |
| Vacant Housing Units | 1,223 ( 6.0%) |
| Median Home Value | $244,988 |
| Average Home Value | $274,454 |
Housing Distribution
Address Breakdown
Residential
19,550
Single Family
17,989
Multi-Family
1,561
Businesses
806
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Listed by: Amy Everhart • Keller Williams Realty Elite
Mls Name: Triad MLS
Mls ID: #1190842