432 Wiley AveWinston SalemNC27104
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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 432 Wiley Ave, Winston Salem, NC, 27104 generates $1,768/mo in rent, after a $1,444/mo payment. Total monthly income is $1,768/mo. Return on cash invested sits at 19.54% in year one, and rental yield is 7.19% on a $295,000 entry. Equity gained on principal adds $1,904/yr, while 5% annual appreciation builds toward $81,503 over five years. Five-year ROI reaches 100.73% and total cumulative return in cash sums $98,510. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,768/mo property income rather than buyer’s personal income.
Single Family
Built in 1920
0.12 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27104, Winston Salem, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,164 (100%) |
| Owner Occupied HU | 8,387 (55.3%) |
| Renter Occupied HU | 5,812 (38.3%) |
| Vacant Housing Units | 965 ( 6.4%) |
| Median Home Value | $389,450 |
| Average Home Value | $466,665 |
Housing Distribution
Address Breakdown
Residential
14,542
Single Family
10,768
Multi-Family
3,774
Businesses
595
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Listed by: Clint Snuggs • ERA Live Moore
Mls Name: Triad MLS
Mls ID: #1203855