102 Lake Dr, Wendell, NC, 27591 | 5.99% Rental Yield

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NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Wendell at 102 Lake Dr, Wendell, NC, 27591 with 5% annual appreciation on a $350,000 basis while $1,748/mo rent supports operations. 83% in year one. Equity gained on principal adds $2,258/yr, and five-year appreciation sums $96,699 alongside rental yield of 5.99%. Five-year ROI measures 80.89% and total cumulative return in cash totals $93,854. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,748/mo property income versus a $1,713/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Multi Family

Built in 1966

0.37 Acres lot

$N/A/sqft

No HOA