305 River Birch RunCoatsNC27521
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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 Coats at 305 River Birch Run, Coats, NC, 27521 priced at $285,000 pairs $1,879/mo rent with $142/mo cash flow after a $1,395/mo payment. Total monthly income equals $1,879/mo, and annual cash flow comes to $1,704/yr on $94,478 invested. Return on cash invested is 21.71% in year one, and rental yield stands at 7.91% on a $285,000 basis. Equity gained on principal adds $1,839/yr, and 5% annual appreciation accumulates to $78,740 by year five. Five-year ROI measures 112.38% and total cumulative return in cash reaches $106,170. For financing, Ziffy Mortgage’s DSCR program evaluates $1,879/mo property income against a $1,395/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2000
0.53 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
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Listed by: Olivia Scarborough • PEAK REALTY GROUP NC LLC
Mls Name: Doorify MLS
Mls ID: #10139724