829 S Sunset DrWinston SalemNC27103
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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 829 S Sunset Dr, Winston Salem, NC, 27103 priced at $249,900 converts $1,078/mo rent into after a $1,223/mo obligation. Total monthly income equals $1,078/mo. Return on cash invested prints 13.46% in year one, and rental yield reads 5.18% against a $249,900 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation compiles into $69,043 by year five. Five-year ROI reaches 68.21% and total cumulative return in cash sums $56,510. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,078/mo property income covering a $1,223/mo payment, not borrower’s personal income.
Single Family
Built in 1947
0.21 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27103, Winston Salem, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,218 (100%) |
| Owner Occupied HU | 9,486 (49.4%) |
| Renter Occupied HU | 8,029 (41.8%) |
| Vacant Housing Units | 1,703 ( 8.9%) |
| Median Home Value | $280,831 |
| Average Home Value | $315,897 |
Housing Distribution
Address Breakdown
Residential
17,643
Single Family
14,415
Multi-Family
3,228
Businesses
2,093
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Listed by: Chad Kiger • TKG Real Estate
Mls Name: Triad MLS
Mls ID: #1203123