113 B And B LnCoinjockNC27923
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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
Rental property for sale in Coinjock at 113 B And B Ln, Coinjock, NC, 27923 priced at $469,500 pairs $2,741/mo rent with after a $2,298/mo payment. Total monthly income equals $2,741/mo. Return on cash invested is 18.98% in year one, and rental yield stands at 7.01% on a $469,500 basis. Equity gained on principal adds $3,030/yr, and 5% annual appreciation accumulates to $129,714 by year five. Five-year ROI measures 97.74% and total cumulative return in cash reaches $152,120. For financing, Ziffy Mortgage’s DSCR program evaluates $2,741/mo property income against a $2,298/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1974
0.48 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: Brook R Sparks • Coldwell Banker Seaside Realty KH
Mls Name: OBAR
Mls ID: #129655