5010 N Cherry StWinston SalemNC27105
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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 5010 N Cherry St, Winston Salem, NC, 27105 uses $124,313 cash to close to unlock $14,724/yr annual cash flow and $1,227/mo monthly cash flow. Total monthly income runs $3,512/mo, and a $1,835/mo payment keeps the spread at $1,227/mo. Purchase price stands at $375,000, and rental yield measures 11.24% with $3,512/mo rent. Return on cash invested shows 31.75% in year one, and 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 166.22% and total cumulative return in cash records $206,631. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,512/mo property income covering a $1,835/mo payment rather than investor’s personal income.
Single Family
Built in 1956
0.77 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27105, Winston Salem, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,177 (100%) |
| Owner Occupied HU | 8,036 (44.2%) |
| Renter Occupied HU | 8,132 (44.7%) |
| Vacant Housing Units | 2,009 (11.1%) |
| Median Home Value | $176,856 |
| Average Home Value | $256,428 |
Housing Distribution
Address Breakdown
Residential
16,107
Single Family
15,064
Multi-Family
1,043
Businesses
1,162
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Listed by: Tracy Sexton • Ann Black Realty, Inc
Mls Name: Triad MLS
Mls ID: #1200964