Address UnavailableWinston SalemNC27103
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
Investment Highlights
Rental property for sale in Winston Salem at Address Unavailable, Winston Salem, NC, 27103 priced at $245,900 converts $2,094/mo rent into $595/mo cash flow after a $1,204/mo obligation. Total monthly income equals $2,094/mo, and annual cash flow totals $7,139/yr on $81,516 invested. Return on cash invested prints 28.67% in year one, and rental yield reads 10.22% against a $245,900 entry. Equity gained on principal adds $1,587/yr, while 5% annual appreciation compiles into $67,938 by year five. Five-year ROI reaches 149.68% and total cumulative return in cash sums $122,011. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,094/mo property income covering a $1,204/mo payment, not borrower’s personal income.
Single Family
Built in 1963
0.39 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: John Morales • Coldwell Banker Advantage
Mls Name: Coldwell Banker Advantage
Mls ID: #1187162