809 Garfield CtWinston SalemNC27105
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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 809 Garfield Ct, Winston Salem, NC, 27105 generates $1,733/mo in rent and, after a $1,087/mo payment, leaves $380/mo in cash flow. Total monthly income is $1,733/mo, and annual cash flow is $4,555/yr on $73,593 invested. Return on cash invested sits at 26.1% in year one, and rental yield is 9.37% on a $222,000 entry. Equity gained on principal adds $1,433/yr, while 5% annual appreciation builds toward $61,335 over five years. Five-year ROI reaches 135.93% and total cumulative return in cash sums $100,035. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,733/mo property income rather than buyer’s personal income.
Single Family
Built in 1988
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27105, Winston Salem, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,177 (100%) |
| Owner Occupied HU | 8,036 (44.2%) |
| Renter Occupied HU | 8,132 (44.7%) |
| Vacant Housing Units | 2,009 (11.1%) |
| Median Home Value | $176,856 |
| Average Home Value | $256,428 |
Housing Distribution
Address Breakdown
Residential
16,107
Single Family
15,064
Multi-Family
1,043
Businesses
1,162
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Listed by: Brisia Gallegos Gonzalez • Alemay Realty Inc.
Mls Name: Triad MLS
Mls ID: #1197281