809 Garfield CtWinston SalemNC27105
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid fundamentals define the investment case at 809 Garfield Ct, Winston Salem, NC, 27105 in Winston Salem: $1,733/mo in rent, $380/mo in net income, 9.37% gross yield, 1.74 DSCR, all at $222,000. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $61,335 in appreciation and $2,045/yr in principal paydown projects total cumulative return of $108,575.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.4% | 6.5% |
| Monthly Cash Flow | $380 | $320 |
City averages based on Winston Salem market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,733 |
| Total Monthly Debt Service | $1,265 |
| DSCR Ratio | 1.37x |
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 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
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 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brisia Gallegos Gonzalez • Alemay Realty Inc.
Mls Name: Triad MLS
Mls ID: #1197281