106 Newman Ln, Wendell, NC, 27591 | 6.58% Rental Yield

For Sale

Ziffy Mortgage

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 106 Newman Ln, Wendell, NC, 27591 with 5% annual appreciation on a $475,000 basis while $2,604/mo rent supports operations. 69% in year one. Equity gained on principal adds $3,065/yr, and five-year appreciation sums $131,234 alongside rental yield of 6.58%. Five-year ROI measures 90.81% and total cumulative return in cash totals $142,987. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,604/mo property income versus a $2,325/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 2020

0.59 Acres lot

$N/A/sqft

No HOA