Investment metrics, interactive calculators, and data-driven analysis for Winston-Salem rental properties.
Pre-filled with Winston-Salem medians. Adjust to match a specific property.
Factor in financing to see your actual return on invested capital in Winston-Salem.
Winston-Salem, NC has a population of 253,540 and has been growing at 0.7% annually — roughly in line with national trends, meaning demand is stable but not exceptional. The median home price of $215,000 paired with median rents of $1,150/mo produces an estimated cap rate of 4.42%.
Property taxes at 0.81% fall within the national average range and shouldn't present unusual challenges. The vacancy rate of 6% is moderate and within normal parameters for a healthy rental market.
At a price-to-income ratio of 4.8x, homes cost about 4.8 times the local median income of $44,600. This moderate ratio indicates a balanced rent-vs-buy market. Home values have appreciated at roughly 2.8% annually. Steady appreciation means total returns will be primarily cash flow-driven — the more sustainable model for long-term wealth building.
Bottom line: Winston-Salem presents moderate opportunities. Cap rates near 4.42% mean deals need careful sourcing — look for value-add rehabs or emerging neighborhoods where rents are climbing.