109 Grange DrWendellNC27591
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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 Wendell at 109 Grange Dr, Wendell, NC, 27591 with 5% annual appreciation on a $289,900 basis while $1,422/mo rent supports operations. 6% in year one. Equity gained on principal adds $1,871/yr, and five-year appreciation sums $80,094 alongside rental yield of 5.89%. Five-year ROI measures 79.67% and total cumulative return in cash totals $76,569. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,422/mo property income versus a $1,419/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1993
0.25 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Nicole Bridgewater • Fathom Realty NC
Mls Name: Doorify MLS
Mls ID: #10138467