What is the rental yield in Shalimar Estates, Winston-Salem, North Carolina?

The gross yield in Shalimar Estates, Winston-Salem, North Carolina is 6.3. Pricing is in line with Winston-Salem and about 29% below North Carolina, while prices are down 2.9% over the past year. The Red Flag score is 70, walkability is 48, and education is in the 45th percentile.

How does Shalimar Estates compare to Winston-Salem and North Carolina?

Shalimar Estates, Winston-Salem, North Carolina is priced in line with Winston-Salem and about 29% below North Carolina. Gross yield is 6.3, prices are down 2.9% over the past year, and the Red Flag score is 70. Walkability is 48 and education is in the 45th percentile.

What are the main market signals for Shalimar Estates, Winston-Salem, North Carolina?

Shalimar Estates, Winston-Salem, North Carolina combines a gross yield of 6.3 with prices down 2.9% over the past year. Pricing is in line with Winston-Salem and about 29% below North Carolina. The Red Flag score is 70, walkability is 48, and education is in the 45th percentile.

Neighborhood

Shalimar Estates

Winston-Salem, North Carolina US

Shalimar Estates, Winston-Salem, North Carolina has a yield-focused profile, with pricing in line with Winston-Salem and about 29% below North Carolina, a gross yield of 6.3, and a price trend down 2.9% over the past year. Its main strength is the higher yield, while the Red Flag score of 70 indicates elevated risk. Walkability is 48 and education is in the 45th percentile.

AI Summary•Updated May 2026

Area

9.20 mi²

ZIP Code

27107

County

Forsyth County

State

North Carolina

Redfin — median sale & volumeZillow ZORI — asking rentFEMA National Risk Index v1.20OpenStreetMap — POIFBI UCR — state crimeEPA — radon zonesWashU ACAG — satellite PM2.5US Census ACS / TIGER 2024

Verified Price · Median Sale

$317,396

YoY-2.9%

Gross Rental Yield

6.3%

Listed rent · ZORI annualized

Red Flag Index

High

70 / 100

Walkability Score

Car-Dependent

OpenStreetMap POI density · national percentile

Education Score

45 / 100

Fair · better than 45% of U.S. districts

Pre-pandemic SEDA (2018/19) · district proxy

AI Score

Fair

DistrictScore attractiveness · national model

Shalimar Estates Property Prices & Rental Yield

Verified Redfin sale data and Zillow ZORI asking rent for Shalimar Estates, Winston-Salem.

Unlock the Shalimar Estates 12-month price trend

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Market Economics Snapshot

May 2026

Metric	Value	YoY
Median Sale Price	$317,396	-2.9%
Price / Sq Ft (Verified)	$165/sqft	-1.3%
Asking Rent (Median)	$1,657/mo	-0.6%
Gross Rental Yield	6.3%	—
Liquidity Score	42 / 100	Moderate
Homes Sold (Period)	170	+27.8%

Is Shalimar Estates Safe? Natural-Hazard Risk

FEMA National Risk Index composite across eight hazards, plus inherited North Carolina crime context.

Red Flag Breakdown

70 / 100

High Risk

Composite is weighted by expected impact — frequent low-damage hazards (hail, wind) weigh less than flood or wildfire.

Flood80Very High

Hurricane80Very High

Tornado80Very High

Strong Wind80Very High

Hail80Very High

Wildfire60High

Earthquake60High

Heat40Moderate

8/8 hazards scored · FEMA NRI v1.20

Crime (state-level): North Carolina averaged 23.4 crimes and 3.8 violent per 1,000 residents (-3.4% YoY) in 2024(FBI UCR). Compare the state to the country, not states as a ranking — full Safety & Crime data lives on the state page.

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Tract-level hazard heatmap & parcel detail with Pro

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See all eight FEMA hazard scores — free with a DistrictScore account.

What Stands Out AI Insight

Above-average gross rental yield at 6.3%

Active transaction volume — 170 homes sold last period

Flood risk is Very High (80/100)

Hurricane risk is Very High (80/100)

Insights are generated from Shalimar Estates's live DistrictScore metrics.

Shalimar Estates Environment & Safety

Satellite PM2.5 air-quality history, FBI UCR crime trend (North Carolina-level, the finest official aggregation), EPA radon potential and point-source hazard screening.

Air Quality — PM2.5

2015–2024

5.9 µg/m³ Meets EPA, above WHO guideline-25.1% since 2015

EPA 9WHO 5

20152024

Annual mean fine-particle (PM2.5) concentration at the Shalimar Estates centroid, satellite-derived (ACAG). References: WHO guideline 5 µg/m³ · EPA annual standard 9 µg/m³. Latest year ranks worse than 47% of U.S. neighborhoods.

North Carolina Crime Trend

FBI UCR

20132024

All crimes / 1k

Violent / 1k

Year	Crimes / 1k	Violent / 1k	YoY
2024	23.4	3.8	-3.4%
2023	24.6	3.9	+1.3%
2022	24.8	4.0	-0.0%
2021	25.1	4.2	-5.6%
2020	26.5	4.2	-3.6%
2019	27.7	3.8	—

Reported at the state level — the finest official US crime aggregation; Shalimar Estates inherits the North Carolina figures.

Radon Potential

EPA

Zone 2

Zone 2 — Moderate potential · Shalimar Estates

EPA radon zones estimate indoor radon potential county-wide (Zone 1 highest, Zone 3 lowest). Testing is recommended in all zones.

Walkability & Amenities in Shalimar Estates

Amenity density and pedestrian access from OpenStreetMap points of interest.

Walkability & Amenities

OpenStreetMap POI

48

Car-Dependent

Walkability Score

7

Grocery

3

Dining

7

Schools

3

Universities

0

Hospitals

1

Pharmacies

6

Parks

0

Rail Transit

0

Coworking

POI counts are amenities within Shalimar Estates's boundary plus a 400 m walk buffer. Rail transit excludes bus stops.

Shalimar Estates vs Winston-Salem vs North Carolina

How Shalimar Estates benchmarks against its city and state medians.

Benchmark vs City & State

Across Shalimar Estates, the median sale price sits in line with the median for Winston-Salem neighborhoods and about 29% below the statewide median. Gross rental yield is 6.3%, against 6.5% for Winston-Salem neighborhoods and 4.1% statewide. Over the past 12 months, prices fell 2.9%. Transaction liquidity sits in line with the median for Winston-Salem neighborhoods and above the statewide median.

Area	Median / Sq Ft	Gross Yield	Liquidity
Shalimar Estates	$165/sqft	6.3%	42
Winston-Salem	$165/sqft	6.5%	41
North Carolina	$233/sqft	4.1%	39

Unlock the Shalimar Estates benchmark

Compare Shalimar Estates against Winston-Salem and North Carolina medians — free with a DistrictScore account.

Buying Property in the US as a Foreigner

Federal & North Carolina tax facts for non-resident buyers, plus the latest local market news.

Buying as a Foreigner

US Tax & Ownership

Applies to everyone7

Capital Gains (Federal)

Long-term capital gains taxed federally at 0/15/20%, plus a 3.8% Net Investment Income Tax on higher incomes (2026).

Property Tax

Property tax: ~0.62% average effective rate (statewide average; set and collected locally).

State Income Tax

State income tax up to 4.25%; rental income is taxed at these rates.

State Capital Gains

Capital gains are taxed as ordinary income at state rates.

Transfer Tax

Real estate transfer tax: $1 per $500.

Assessment Cap

No Proposition 13-style assessment cap; property is reassessed at market value.

Mansion Tax / Rent Control

No statewide mansion tax or statewide rent control.

US citizens & tax residents7

Primary-Home Exclusion

Selling your main home: exclude up to $250k of gain (single) / $500k (married) if you owned and lived there 2 of the last 5 years.

1031 Like-Kind Exchange

A 1031 like-kind exchange defers capital gains tax on investment property; 45 days to identify, 180 to close. Real estate only.

Depreciation Recapture

Residential rentals depreciate over 27.5 years; on sale, recaptured depreciation is taxed up to 25% (Section 1250).

Mortgage Interest Deduction

Mortgage interest is deductible on up to $750k of home debt. The SALT cap rose to $40,000 for 2025-2029 (reverts to $10k in 2030).

Opportunity Zones

Opportunity Zones are now permanent (2025): reinvested capital gains get deferral plus a basis step-up, and are tax-free after 10 years.

Rental Income (Resident)

Rental income is reported on Schedule E; passive-loss rules (Section 469) limit deducting rental losses against other income.

1031 State Conformity

The state conforms to the federal 1031 like-kind exchange rules.

Foreign buyers (non-residents)5

FIRPTA (Foreign Sellers)

FIRPTA: the buyer withholds 15% of the gross sale price when a nonresident sells US property. It is an advance deposit, not the final tax.

Non-Resident Capital Gains

Nonresident sellers pay US capital gains tax (generally 15-20%) on the net gain via Form 1040-NR; FIRPTA withholding is credited.

Non-Resident Rental Tax

Nonresident rental income is taxed at 30% of gross by default, or on net income at graduated rates via a Section 871(d) election (W-8ECI).

Estate Tax (Non-Resident)

Nonresidents get only a $60,000 US estate-tax exemption (vs $13.99M for residents); US property above it is taxed up to 40%. Treaties may help.

ITIN Requirement

Nonresidents without an SSN need an ITIN (Form W-7) to file US tax returns, claim FIRPTA refunds, and report rental income.

Talk to a US real-estate tax advisor

FIRPTA, ITIN & North Carolina property-tax guidance for foreign buyers

Latest Winston-Salem Real-Estate News

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Guaranteed Rate • Jun 18, 2026

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Eye On Housing • Jun 18, 2026

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Altus Group • Jun 18, 2026

Shalimar Estates Real Estate FAQ

Shalimar Estates, Winston-Salem, North Carolina has a yield-focused profile. Pricing is in line with Winston-Salem and about 29% below North Carolina, gross yield is 6.3, and prices are down 2.9% over the past year. The Red Flag score is 70, walkability is 48, and education is in the 45th percentile.

Neighborhoods near Shalimar Estates

Compare Shalimar Estates with nearby neighborhoods in Winston-Salem.

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