129 Brandon LnCoatsNC27521
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
Investment Highlights
Rental property for sale in Coats at 129 Brandon Ln, Coats, NC, 27521 generates $1,493/mo in rent and, after a $1,126/mo payment, leaves $91/mo in cash flow. Total monthly income is $1,493/mo, and annual cash flow is $1,092/yr on $76,245 invested. Return on cash invested sits at 21.34% in year one, and rental yield is 7.79% on a $230,000 entry. Equity gained on principal adds $1,484/yr, while 5% annual appreciation builds toward $63,545 over five years. Five-year ROI reaches 110.37% and total cumulative return in cash sums $84,151. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,493/mo property income rather than buyer’s personal income.
Single Family
Built in 1997
1.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27521, Coats, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,885 (100%) |
| Owner Occupied HU | 1,807 (62.6%) |
| Renter Occupied HU | 838 (29.0%) |
| Vacant Housing Units | 240 ( 8.3%) |
| Median Home Value | $313,495 |
| Average Home Value | $342,104 |
Housing Distribution
Address Breakdown
Residential
2,543
Single Family
2,496
Multi-Family
47
Businesses
123
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Misty Dawn Lyons • eXp Realty
Mls Name: eXp Realty
Mls ID: #10125779