626 Rock Garden CirWinston SalemNC27104
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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 626 Rock Garden Cir, Winston Salem, NC, 27104 offers $1,538/mo rent that, after a $876/mo payment, leaves $447/mo cash flow. Total monthly income is $1,538/mo, and annual cash flow is $5,366/yr on $59,339 cash. Return on cash invested measures 28.95% in year one, and rental yield stands at 10.31% at a $179,000 entry. Equity gained on principal adds $1,155/yr while 5% annual appreciation compounds into $49,454 by year five. Five-year ROI records 151.29% and total cumulative return in cash reaches $89,775. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,538/mo property income versus a $876/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 1987
0.04 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27104, Winston Salem, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,164 (100%) |
| Owner Occupied HU | 8,387 (55.3%) |
| Renter Occupied HU | 5,812 (38.3%) |
| Vacant Housing Units | 965 ( 6.4%) |
| Median Home Value | $389,450 |
| Average Home Value | $466,665 |
Housing Distribution
Address Breakdown
Residential
14,542
Single Family
10,768
Multi-Family
3,774
Businesses
595
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Listed by: NormaJean Harrelson • Premier Realty NC
Mls Name: Triad MLS
Mls ID: #1205653