425 E Sprague StWinston 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 425 E Sprague St, Winston Salem, NC, 27127 listed at $165,000 pairs $1,632/mo rent with a $808/mo payment to leave $626/mo cash flow. Total monthly income runs $1,632/mo, and annual cash flow reaches $7,512/yr on $54,698 cash to close. Return on cash invested measures 33.64% in year one, and rental yield registers 11.87% at a $165,000 basis. Equity gained on principal adds $1,065/yr, and annual property appreciation at 5% supports $45,586 by year five. Five-year ROI tracks 176.34% and total cumulative return in cash totals $96,455. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,632/mo property income relative to a $808/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1924
0.12 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: Andrew Lay • Keller Williams Realty Elite
Mls Name: Triad MLS
Mls ID: #1197987