Winston-Salem, NC — Rental Investment Analysis

🔴WEAK— appreciation play only

Cap Rate

3.7%

Below average

Monthly Cash Flow

-$585

After all expenses

Price-to-Rent

15.3

Overpriced for rent

DSCR

0.57

Fails

📊 Key Metrics

Median Home Price: $260,293
Average Rent (3BR): $1,430/mo
Price-to-Rent Ratio: 15.3(high)
1% Rule: 0.55%(fails — need 1%+)
Cash-on-Cash Return: -11.8%
Vacancy Rate: 8.0%

📈 Market Strength

Unemployment Rate: 3.7%(-0.6% vs national)
Rent Growth (YoY): +2.9%(national avg)
Population Growth: +1.95% YoY

Assumptions Used

20% down, 7.000000000000001% rate, 30yr, 8% vacancy, 10% maintenance

Customize these numbers →

Property Tax Rate

0.77%

of assessed value (NC avg)

Median Income

$60,516

household (NC avg)

Rent-to-Income

28.4%

Affordable

Section 8 Max Rent

$1,430/mo

3BR voucher payment

🏛️ NC Investor Climate

Landlord Friendly

7/10

State Income Tax

Has state tax

Property Tax

0.77% effective

Population Trend

+1.95% (3yr)

🏘️ Best Zip Codes in Winston-Salem for Investors

27105

Cap Rate: 5.4%Cash Flow: -$148/mo$175,342

27101

Cap Rate: 4.2%Cash Flow: -$421/mo$229,144

27127

Cap Rate: 3.7%Cash Flow: -$582/mo$260,293

All Zip Codes in Winston-Salem

Zip	Cap Rate	Cash Flow	Home Price	Rent (3BR)	DSCR
27105	5.4%	-$148	$175,342	$1,260/mo	0.84
27101	4.2%	-$421	$229,144	$1,370/mo	0.65
27127	3.7%	-$582	$260,293	$1,430/mo	0.58
27127	3.7%	-$582	$260,293	$1,430/mo	0.58
27103	3.7%	-$641	$282,528	$1,540/mo	0.57
27107	3.5%	-$585	$245,062	$1,300/mo	0.55
27107	3.5%	-$585	$245,062	$1,300/mo	0.55
27106	2.9%	-$969	$334,764	$1,570/mo	0.46
27104	2.7%	-$1,150	$372,633	$1,660/mo	0.42