626 Bailey RoadCoatsNC27521
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingReliable and efficiently structured, 626 Bailey Road, Coats, NC, 27521 in Coats is a conservative rental investment at $699,900. Rental yield 6.24%. A 1.16 coverage ratio meets Ziffy Mortgage's DSCR standard for foreign-national financing. Five-year equity: 5% appreciation adds $193,369; $6,446/yr in principal paydown supplements. Total projected return: $224,777.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 6.2% | 6.2% |
| Monthly Cash Flow | $(627) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $3,638 |
| Total Monthly Debt Service | $3,987 |
| DSCR Ratio | 0.91x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2016
7 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
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
Single Family
Built in 2016
7 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: Beth Hines • RE/MAX Southland Realty II
Mls Name: Hive MLS
Mls ID: #100545914