4620 Miller RdWinston SalemNC27106
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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 4620 Miller Rd, Winston Salem, NC, 27106 offers a 10.5% rental yield on a $175,000 purchase with $1,531/mo rent. Total monthly income registers $1,531/mo, and a $857/mo payment leaves $464/mo available for distribution. Annual cash flow reaches $5,568/yr on $58,013 to close, and return on cash invested stands at 29.51% in year one. Equity gained on principal adds $1,129/yr while 5% annual appreciation supports $48,349 over five years. Portfolio math shows five-year ROI at 154.18% and total cumulative return in cash at $89,443. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,531/mo property income against a $857/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1952
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27106, Winston Salem, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,147 (100%) |
| Owner Occupied HU | 11,926 (49.4%) |
| Renter Occupied HU | 10,033 (41.5%) |
| Vacant Housing Units | 2,188 ( 9.1%) |
| Median Home Value | $358,387 |
| Average Home Value | $410,116 |
Housing Distribution
Address Breakdown
Residential
22,516
Single Family
16,443
Multi-Family
6,073
Businesses
993
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Listed by: Trisha Marsh • Keller Williams Realty Elite
Mls Name: Triad MLS
Mls ID: #1201668