680 Chester RdWinston SalemNC27104
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderTight but positive: 680 Chester Rd, Winston Salem, NC, 27104 in Winston Salem at $399,900 earns $2,518/mo in rent and nets $80/mo after the $1,798/mo payment, a 7.55% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $110,485 over five years. Ziffy Mortgage underwrites this on a 1.40 DSCR without U.S. credit history. With $3,683/yr in principal paydown, total projected return reaches $156,721.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.6% | 6.5% |
| Monthly Cash Flow | $80 | $320 |
City averages based on Winston Salem market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,518 |
| Total Monthly Debt Service | $2,278 |
| DSCR Ratio | 1.11x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1961
0.47 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
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
Single Family
Built in 1961
0.47 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: George Munford • Berkshire Hathaway HomeServices Carolinas Realty
Mls Name: Triad MLS
Mls ID: #1208252