605 N Dunleith AveWinston SalemNC27101
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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 605 N Dunleith Ave, Winston Salem, NC, 27101 offers $1,451/mo rent that, after a $832/mo payment, leaves $415/mo cash flow. Total monthly income is $1,451/mo, and annual cash flow is $4,980/yr on $56,355 cash. Return on cash invested measures 28.75% in year one, and rental yield stands at 10.24% at a $170,000 entry. Equity gained on principal adds $1,097/yr while 5% annual appreciation compounds into $46,968 by year five. Five-year ROI records 150.09% and total cumulative return in cash reaches $84,585. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,451/mo property income versus a $832/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1958
0.15 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27101, Winston Salem, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,774 (100%) |
| Owner Occupied HU | 3,346 (26.2%) |
| Renter Occupied HU | 7,952 (62.3%) |
| Vacant Housing Units | 1,476 (11.6%) |
| Median Home Value | $306,590 |
| Average Home Value | $330,857 |
Housing Distribution
Address Breakdown
Residential
11,118
Single Family
7,441
Multi-Family
3,677
Businesses
1,563
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Listed by: David Hart • Keller Williams Realty United
Mls Name: Triad MLS
Mls ID: #1203933