3646 Southdale 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 3646 Southdale Ave, Winston Salem, NC, 27107 uses $73,991 cash to close to unlock $3,002/yr annual cash flow and $250/mo monthly cash flow. Total monthly income runs $1,610/mo, and a $1,092/mo payment keeps the spread at $250/mo. Purchase price stands at $223,200, and rental yield measures 8.66% with $1,610/mo rent. Return on cash invested shows 23.97% in year one, and 5% annual appreciation builds toward $61,666 over five years. Five-year ROI reaches 124.53% and total cumulative return in cash records $92,144. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,610/mo property income covering a $1,092/mo payment rather than investor’s personal income.
Single Family
Built in 1948
6,534 sqft 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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