700 Mann 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 700 Mann Rd, Coats, NC, 27521 with 5% annual appreciation on a $615,000 basis while $2,462/mo rent supports operations. 43% in year one. Equity gained on principal adds $3,969/yr, and five-year appreciation sums $169,913 alongside rental yield of 4.8%. Five-year ROI measures 62.58% and total cumulative return in cash totals $126,629. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,462/mo property income versus a $3,010/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2004
11.43 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: Tracy Dowling • Homecoin.com
Mls Name: Doorify MLS
Mls ID: #10139085