100 Gull Rock Vw LOT 1CoinjockNC27923
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 100 Gull Rock Vw LOT 1, Coinjock, NC, 27923 in Coinjock speaks for itself: 20.44% gross on a $146,500 price, generating $2,495/mo in rent and $1,602/mo in net income after the $659/mo debt service. DSCR 3.79, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $19,224 stacks alongside $40,475 in projected five-year appreciation and $1,349/yr in principal reduction. Projected total cumulative return: $158,615.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 20.4% | 6.2% |
| Monthly Cash Flow | $1,602 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,495 |
| Total Monthly Debt Service | $835 |
| DSCR Ratio | 2.99x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Lot
Built in N/A
0.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27923, Coinjock, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 336 (100%) |
| Owner Occupied HU | 212 (63.1%) |
| Renter Occupied HU | 65 (19.3%) |
| Vacant Housing Units | 59 (17.6%) |
| Median Home Value | $373,239 |
| Average Home Value | $472,771 |
Housing Distribution
Address Breakdown
Residential
279
Single Family
279
Multi-Family
0
Businesses
22
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
Lot
Built in N/A
0.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27923, Coinjock, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 336 (100%) |
| Owner Occupied HU | 212 (63.1%) |
| Renter Occupied HU | 65 (19.3%) |
| Vacant Housing Units | 59 (17.6%) |
| Median Home Value | $373,239 |
| Average Home Value | $472,771 |
Housing Distribution
Address Breakdown
Residential
279
Single Family
279
Multi-Family
0
Businesses
22
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brook R Sparks • Coldwell Banker Seaside Realty KH
Mls Name: OBAR
Mls Provider:
Mls ID: #127426
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.