353 Saint James DrWinston SalemNC27107
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play353 Saint James Dr, Winston Salem, NC, 27107 in Winston Salem is priced for appreciation, not yield. Rental yield 5.62%. At $560,000 with a 5.62% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $154,718 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (1.04) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets. Total projected cumulative return: $161,341.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.6% | 6.5% |
| Monthly Cash Flow | $(789) | $320 |
City averages based on Winston Salem market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,624 |
| Total Monthly Debt Service | $3,190 |
| DSCR Ratio | 0.82x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2016
0.24 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
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
Single Family
Built in 2016
0.24 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Susan Ayers • HomeZu
Mls Name: Triad MLS
Mls ID: #1188137