262 River Birch RunCoatsNC27521
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 262 River Birch Run, Coats, NC, 27521 priced at $449,000 pairs $2,194/mo rent with after a $2,198/mo payment. Total monthly income equals $2,194/mo. Return on cash invested is 15.53% in year one, and rental yield stands at 5.86% on a $449,000 basis. Equity gained on principal adds $2,897/yr, and 5% annual appreciation accumulates to $124,050 by year five. Five-year ROI measures 79.28% and total cumulative return in cash reaches $118,000. For financing, Ziffy Mortgage’s DSCR program evaluates $2,194/mo property income against a $2,198/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1999
0.58 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: GAIL ADAMS • RE/MAX SIGNATURE REALTY
Mls Name: LPRMLS
Mls ID: #752201