6992 N State Highway 109Winston SalemNC27107
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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 6992 N State Highway 109, Winston Salem, NC, 27107 generates $962/mo in rent and, after a $587/mo payment, leaves $231/mo in cash flow. Total monthly income is $962/mo, and annual cash flow is $2,773/yr on $39,747 invested. Return on cash invested sits at 26.89% in year one, and rental yield is 9.63% on a $119,900 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation builds toward $33,126 over five years. Five-year ROI reaches 140.3% and total cumulative return in cash sums $55,764. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $962/mo property income rather than buyer’s personal income.
Single Family
Built in 1953
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27107, Winston Salem, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,531 (100%) |
| Owner Occupied HU | 12,845 (62.6%) |
| Renter Occupied HU | 6,463 (31.5%) |
| Vacant Housing Units | 1,223 ( 6.0%) |
| Median Home Value | $244,988 |
| Average Home Value | $274,454 |
Housing Distribution
Address Breakdown
Residential
19,550
Single Family
17,989
Multi-Family
1,561
Businesses
806
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Listed by: Shaun Sidden • Sidden and Associates Inc
Mls Name: Triad MLS
Mls ID: #1186877