1119 Waterlily RoadCoinjockNC27923
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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
Investment Highlights
Investment property for sale in Coinjock at 1119 Waterlily Road, Coinjock, NC, 27923 at $515,000 posts ROI 14.05% with from $2,290/mo rent. Total monthly income equals $2,290/mo. Return on cash invested measures 14.05% and rental yield reads 5.34% at the current $515,000. Equity gained on principal adds $3,323/yr, and 5% annual appreciation supports $142,285 by year five. Five-year ROI prints 71.24% and total cumulative return in cash totals $120,709. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,290/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1972
0.64 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
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Listed by: Grace Anlauf • Live Oak Realty
Mls Name: Hive MLS
Mls ID: #100538151