376 Park BlvdWinston SalemNC27127
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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 376 Park Blvd, Winston Salem, NC, 27127 uses $82,875 cash to close to unlock $456/yr annual cash flow and $38/mo monthly cash flow. Total monthly income runs $1,562/mo, and a $1,224/mo payment keeps the spread at $38/mo. Purchase price stands at $250,000, and rental yield measures 7.5% with $1,562/mo rent. Return on cash invested shows 20.46% in year one, and 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 105.66% and total cumulative return in cash records $87,562. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,562/mo property income covering a $1,224/mo payment rather than investor’s personal income.
Single Family
Built in 1949
0.17 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27127, Winston Salem, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,349 (100%) |
| Owner Occupied HU | 11,067 (60.3%) |
| Renter Occupied HU | 6,116 (33.3%) |
| Vacant Housing Units | 1,166 ( 6.4%) |
| Median Home Value | $234,349 |
| Average Home Value | $278,540 |
Housing Distribution
Address Breakdown
Residential
17,732
Single Family
15,536
Multi-Family
2,196
Businesses
673
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Listed by: Lee Yokeley • Carolina Home Partners by eXp Realty
Mls Name: Triad MLS
Mls ID: #1205524