4405 Morning Ridge LnWinston SalemNC27101
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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 4405 Morning Ridge Ln, Winston Salem, NC, 27101 uses $101,108 cash to close to unlock $6,408/yr annual cash flow and $534/mo monthly cash flow. Total monthly income runs $2,393/mo, and a $1,493/mo payment keeps the spread at $534/mo. Purchase price stands at $305,000, and rental yield measures 9.42% with $2,393/mo rent. Return on cash invested shows 26.25% in year one, and 5% annual appreciation builds toward $84,266 over five years. Five-year ROI reaches 136.69% and total cumulative return in cash records $138,202. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,393/mo property income covering a $1,493/mo payment rather than investor’s personal income.
Single Family
Built in 2012
0.14 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27101, Winston Salem, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,774 (100%) |
| Owner Occupied HU | 3,346 (26.2%) |
| Renter Occupied HU | 7,952 (62.3%) |
| Vacant Housing Units | 1,476 (11.6%) |
| Median Home Value | $306,590 |
| Average Home Value | $330,857 |
Housing Distribution
Address Breakdown
Residential
11,118
Single Family
7,441
Multi-Family
3,677
Businesses
1,563
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Listed by: Shauna Ballard • Call It Closed International Realty
Mls Name: Triad MLS
Mls ID: #1197083