862 Waterworks RdWinston SalemNC27101
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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
Investment Highlights
Rental property for sale in Winston Salem at 862 Waterworks Rd, Winston Salem, NC, 27101 priced at $279,990 converts $2,514/mo rent into $808/mo cash flow after a $1,370/mo obligation. Total monthly income equals $2,514/mo, and annual cash flow totals $9,696/yr on $92,817 invested. Return on cash invested prints 30.36% in year one, and rental yield reads 10.77% against a $279,990 entry. Equity gained on principal adds $1,807/yr, while 5% annual appreciation compiles into $77,356 by year five. Five-year ROI reaches 158.78% and total cumulative return in cash sums $147,378. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,514/mo property income covering a $1,370/mo payment, not borrower’s personal income.
Single Family
Built in 2026
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27101, Winston Salem, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,774 (100%) |
| Owner Occupied HU | 3,346 (26.2%) |
| Renter Occupied HU | 7,952 (62.3%) |
| Vacant Housing Units | 1,476 (11.6%) |
| Median Home Value | $306,590 |
| Average Home Value | $330,857 |
Housing Distribution
Address Breakdown
Residential
11,118
Single Family
7,441
Multi-Family
3,677
Businesses
1,563
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Listed by: Susan Thompson • WJH Brokerage NC LLC
Mls Name: Triad MLS
Mls ID: #1207053