521 Scholastic CtWinston SalemNC27106
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Nearby investment properties with comparable prices
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 521 Scholastic Ct, Winston Salem, NC, 27106 priced at $168,000 pairs $1,411/mo rent with $387/mo cash flow after a $822/mo payment. Total monthly income equals $1,411/mo, and annual cash flow comes to $4,649/yr on $55,692 invested. Return on cash invested is 28.26% in year one, and rental yield stands at 10.08% on a $168,000 basis. Equity gained on principal adds $1,084/yr, and 5% annual appreciation accumulates to $46,415 by year five. Five-year ROI measures 147.5% and total cumulative return in cash reaches $82,145. For financing, Ziffy Mortgage’s DSCR program evaluates $1,411/mo property income against a $822/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 2002
0.03 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: James A. Davis • Keller Williams One
Mls Name: Triad MLS
Mls ID: #1205384