577 Forest Creek DrWinston SalemNC27107
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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 577 Forest Creek Dr, Winston Salem, NC, 27107 offers $1,507/mo rent that, after a $1,767/mo payment. Total monthly income is $1,507/mo. Return on cash invested measures 12.96% in year one, and rental yield stands at 5.01% at a $360,990 entry. Equity gained on principal adds $2,329/yr while 5% annual appreciation compounds into $99,735 by year five. Five-year ROI records 65.44% and total cumulative return in cash reaches $78,308. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,507/mo property income versus a $1,767/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
0.95 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27107, Winston Salem, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,531 (100%) |
| Owner Occupied HU | 12,845 (62.6%) |
| Renter Occupied HU | 6,463 (31.5%) |
| Vacant Housing Units | 1,223 ( 6.0%) |
| Median Home Value | $244,988 |
| Average Home Value | $274,454 |
Housing Distribution
Address Breakdown
Residential
19,550
Single Family
17,989
Multi-Family
1,561
Businesses
806
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Listed by: Elizabeth Ward • DR Horton
Mls Name: Triad MLS
Mls ID: #1205529