1116 Damascus Dr,Wendell,NC,27591

Investment Highlights

Rental property for sale in Wendell at 1116 Damascus Dr, Wendell, NC, 27591 generates $2,143/mo in rent and, after a $1,613/mo payment, leaves $135/mo in cash flow. Total monthly income is $2,143/mo, and annual cash flow is $1,615/yr on $109,229 invested. Return on cash invested sits at 21.39% in year one, and rental yield is 7.8% on a $329,500 entry. Equity gained on principal adds $2,126/yr, while 5% annual appreciation builds toward $91,035 over five years. Five-year ROI reaches 110.66% and total cumulative return in cash sums $120,874. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,143/mo property income rather than buyer’s personal income.