6086 Red Hill Church RdCoatsNC27521
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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 6086 Red Hill Church Rd, Coats, NC, 27521 uses $67,958 cash to close to unlock $4,464/yr annual cash flow and $372/mo monthly cash flow. Total monthly income runs $1,621/mo, and a $1,003/mo payment keeps the spread at $372/mo. Purchase price stands at $205,000, and rental yield measures 9.49% with $1,621/mo rent. Return on cash invested shows 26.48% in year one, and 5% annual appreciation builds toward $56,638 over five years. Five-year ROI reaches 137.92% and total cumulative return in cash records $93,726. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,621/mo property income covering a $1,003/mo payment rather than investor’s personal income.
Single Family
Built in 1980
0.60 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: April Stephens • eXp Realty, LLC - C
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10109489
Disclaimer: The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS. Copyright 2025 Doorify MLS of North Carolina. All rights reserved.