146 Waterlily RdCoinjockNC27923
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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 146 Waterlily Rd, Coinjock, NC, 27923 earns $512/mo cash flow from $3,071/mo rent with a $2,055/mo payment. Total monthly income totals $3,071/mo, and annual cash flow totals $6,145/yr on $139,197 capital. ROI tracks 24.32% on current figures, and rental yield reads 8.78% at a $419,900 purchase. Equity gained on principal adds $2,710/yr, and 5% annual appreciation supports $116,011 over five years. Five-year ROI reaches 126.42% and total cumulative return in cash sums $175,968. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,071/mo property income instead of your personal income.
Single Family
Built in 2013
0.93 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: Mickey Collins • CENTURY 21 Top Producers
Mls Name: REIN Inc.
Mls ID: #10603718