1604 Piney Falls Dr,Wendell,NC,27591

Investment Highlights

Rental property for sale in Wendell at 1604 Piney Falls Dr, Wendell, NC, 27591 generates $2,920/mo in rent and, after a $2,104/mo payment, leaves $300/mo in cash flow. Total monthly income is $2,920/mo, and annual cash flow is $3,601/yr on $142,512 invested. Return on cash invested sits at 22.44% in year one, and rental yield is 8.15% on a $429,900 entry. Equity gained on principal adds $2,774/yr, while 5% annual appreciation builds toward $118,773 over five years. Five-year ROI reaches 116.29% and total cumulative return in cash sums $165,727. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,920/mo property income rather than buyer’s personal income.