Winston-Salem, NC · North Carolina
Forsyth County
ZIP 27009
386,740 residents2,975 permits TTM$65,541 median HHI16 ZIP codesUpdated April 16, 2026
Investor first look
Median home value
$227,800
ACS 5-Year
Cap rate proxy
6.5%
FMR × 0.65 ÷ Home Value
Rent-to-income
19.2%
HUD FMR ÷ ACS HHI
Net migration
+1.91%
IRS SOI
Permits (TTM)
2,975
Census BPS
Climate risk
91.5
FEMA NRI (0–100)
ZIP 27009
Median home value
$311,517
Gross yield
5.9%
Cap rate
4.0%
Rent gap
31.2%
Affordability
P/I: 4.8R/I: —
Section 8 detail
SAFMR: $1,520Rent: $1,046Gap: 45.3%
ZIP code breakdown16 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Cap rate | Rent gap |
|---|---|---|---|---|---|
| 27105 | $169,820 | $1,100 | 7.8% | 8.5% | -8.9% |
| 27109 | $227,800county est. | $1,360 | 7.2% | 5.5% | 23.1% |
| 27110 | $227,800county est. | $1,160 | 6.1% | 5.5% | 9.8% |
| 27101 | $223,124 | $1,230 | 6.6% | 7.9% | -19.6% |
| 27051 | $263,127 | $1,400 | 6.4% | 10.3% | -61.8% |
Ranked by composite score
Compare all ZIPs in Forsyth County
See all 16 ZIPs ranked by yield and cap rate
Compare yields, cap rates, rent gaps, and affordability across every ZIP. Free account.
- Sortable table — sort by yield, rent gap, affordability
- Drill into any ZIP for full detail
- Save markets and weekly market digest
Free · No credit card · No spam
11
ZIP comparison table. Showing 5 of 16 ZIPs. Sign up to see all.
Demographics
Owner-occupied
62.7%
Census ACS
Vacancy rate
10.1%
Census ACS
Bachelor's degree +
36.9%
Census ACS
Rent burdened
43.6%
Census ACS (>30% income)
Median age
38.3
Census ACS
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 16, 2026