5210 State Highway 27 ECoatsNC27521
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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 Coats at 5210 State Highway 27 E, Coats, NC, 27521 listed at $299,000 pairs $2,068/mo rent with a $1,463/mo payment to leave $246/mo cash flow. Total monthly income runs $2,068/mo, and annual cash flow reaches $2,954/yr on $99,119 cash to close. Return on cash invested measures 22.89% in year one, and rental yield registers 8.3% at a $299,000 basis. Equity gained on principal adds $1,929/yr, and annual property appreciation at 5% supports $82,608 by year five. Five-year ROI tracks 118.73% and total cumulative return in cash totals $117,682. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,068/mo property income relative to a $1,463/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1953
0.50 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: GAIL ADAMS • RE/MAX SIGNATURE REALTY
Mls Name: LPRMLS
Mls Provider:
Mls ID: #750721
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.