450 Front StWinston 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 450 Front St, Winston Salem, NC, 27101 with 5% annual appreciation on a $389,000 basis while $3,028/mo rent supports operations. Total monthly income totals $3,028/mo and a $1,904/mo payment preserves $657/mo for cash returns. Annual cash flow comes to $7,886/yr on $128,954 deployed, and return on cash invested reaches 26.02% in year one. Equity gained on principal adds $2,510/yr, and five-year appreciation sums $107,474 alongside rental yield of 9.34%. Five-year ROI measures 135.54% and total cumulative return in cash totals $174,786.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,028/mo property income versus a $1,904/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1990
0.03 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: Susan Miller • MFM Realty
Mls Name: Triad MLS
Mls ID: #1183731