623 Timberline Ridge LnWinston SalemNC27106
Nearby investment properties with comparable rents
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 623 Timberline Ridge Ln, Winston Salem, NC, 27106 at $172,900 posts ROI 24.97% with $242/mo cash flow from $1,574/mo rent. Total monthly income equals $1,574/mo, and annual cash flow records $2,898/yr on $57,316 to close. Return on cash invested measures 24.97% and rental yield reads 10.92% at the current $172,900. Equity gained on principal adds $1,116/yr, and 5% annual appreciation supports $47,769 by year five. Five-year ROI prints 131.98% and total cumulative return in cash totals $75,644.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,574/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 2000
0.03 Acres lot
$N/A/sqft
$279 monthly 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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Nearby investment properties with comparable prices
Listed by: Vanessa Sands • Berkshire Hathaway HomeServices Yost & Little Realty
Mls Name: Triad MLS
Mls Provider:
Mls ID: #1159132
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