3737 Burbank LnWinston 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 3737 Burbank Ln, Winston Salem, NC, 27106 generates $6,215/mo in rent and, after a $3,254/mo payment, leaves $2,163/mo in cash flow. Total monthly income is $6,215/mo, and annual cash flow is $25,957/yr on $218,752 invested. Return on cash invested sits at 31.93% in year one, and rental yield is 11.22% on a $664,900 entry. Equity gained on principal adds $4,290/yr, while 5% annual appreciation builds toward $183,700 over five years. Five-year ROI reaches 167.15% and total cumulative return in cash sums $365,640. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,215/mo property income rather than buyer’s personal income.
Single Family
Built in 2002
0.57 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: Johnny Lee Royall • eXp Realty
Mls Name: Triad MLS
Mls ID: #1203598