609 Mount Vernon AveWinston SalemNC27101
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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
Investment property for sale in Winston Salem at 609 Mount Vernon Ave, Winston Salem, NC, 27101 at $260,000 posts ROI 27.02% with $511/mo cash flow from $2,096/mo rent. Total monthly income equals $2,096/mo, and annual cash flow records $6,132/yr on $86,190 to close. Return on cash invested measures 27.02% and rental yield reads 9.67% at the current $260,000. Equity gained on principal adds $1,678/yr, and 5% annual appreciation supports $71,833 by year five. Five-year ROI prints 140.85% and total cumulative return in cash totals $121,397.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,096/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2025
0.34 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: Tinika Brown • Emerald Stone Realty Group LLC
Mls Name: Triad MLS
Mls ID: #1197899