603 Aspen PlWinston 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 603 Aspen Pl, Winston Salem, NC, 27106 priced at $172,500 pairs $1,526/mo rent with $475/mo cash flow after a $844/mo payment. Total monthly income equals $1,526/mo, and annual cash flow comes to $5,700/yr on $57,184 invested. Return on cash invested is 29.88% in year one, and rental yield stands at 10.62% on a $172,500 basis. Equity gained on principal adds $1,113/yr, and 5% annual appreciation accumulates to $47,659 by year five. Five-year ROI measures 156.15% and total cumulative return in cash reaches $89,294. For financing, Ziffy Mortgage’s DSCR program evaluates $1,526/mo property income against a $844/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1981
0.01 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: Ashley Harris • Keller Williams Realty Elite
Mls Name: Triad MLS
Mls ID: #1196840