509 Boxthorne CtWinston 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
Rental property for sale in Winston Salem at 509 Boxthorne Ct, Winston Salem, NC, 27106 priced at $949,000 converts $4,814/mo rent into after a $4,645/mo obligation. Total monthly income equals $4,814/mo. Return on cash invested prints 16.33% in year one, and rental yield reads 6.09% against a $949,000 entry. Equity gained on principal adds $6,124/yr, while 5% annual appreciation compiles into $262,191 by year five. Five-year ROI reaches 83.51% and total cumulative return in cash sums $260,736. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,814/mo property income covering a $4,645/mo payment, not borrower’s personal income.
Single Family
Built in 1992
1.11 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: Dwanna Adams • Adams Carolinas Realty, LLC
Mls Name: Triad MLS
Mls ID: #1203712