301 S Isabella StCoatsNC27521
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
Investment property for sale in Coats at 301 S Isabella St, Coats, NC, 27521 offers a 9.95% rental yield on a $190,000 purchase with $1,576/mo rent. Total monthly income registers $1,576/mo, and a $930/mo payment leaves $418/mo available for distribution. Annual cash flow reaches $5,016/yr on $62,985 to close, and return on cash invested stands at 27.87% in year one. Equity gained on principal adds $1,226/yr while 5% annual appreciation supports $52,494 over five years. Portfolio math shows five-year ROI at 145.39% and total cumulative return in cash at $91,572. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,576/mo property income against a $930/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1978
0.34 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: Rosemary Podgradski • Buy Homes With Rose, LLC
Mls Name: Doorify MLS
Mls ID: #10114929