520 Gales AveWinston SalemNC27103
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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 520 Gales Ave, Winston Salem, NC, 27103 priced at $425,000 pairs $2,204/mo rent with after a $2,080/mo payment. Total monthly income equals $2,204/mo. Return on cash invested is 16.62% in year one, and rental yield stands at 6.22% on a $425,000 basis. Equity gained on principal adds $2,742/yr, and 5% annual appreciation accumulates to $117,420 by year five. Five-year ROI measures 85.08% and total cumulative return in cash reaches $119,861. For financing, Ziffy Mortgage’s DSCR program evaluates $2,204/mo property income against a $2,080/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1951
0.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27103, Winston Salem, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,218 (100%) |
| Owner Occupied HU | 9,486 (49.4%) |
| Renter Occupied HU | 8,029 (41.8%) |
| Vacant Housing Units | 1,703 ( 8.9%) |
| Median Home Value | $280,831 |
| Average Home Value | $315,897 |
Housing Distribution
Address Breakdown
Residential
17,643
Single Family
14,415
Multi-Family
3,228
Businesses
2,093
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Listed by: Julie Leonard • Lime Rock Realty LLC
Mls Name: Triad MLS
Mls ID: #1197626