161 Traverse Mountain 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
Rental property for sale in Wendell at 161 Traverse Mountain Dr, Wendell, NC, 27591 priced at $348,545 converts $2,920/mo rent into $796/mo cash flow after a $1,706/mo obligation. Total monthly income equals $2,920/mo, and annual cash flow totals $9,549/yr on $115,543 invested. Return on cash invested prints 28.17% in year one, and rental yield reads 10.05% against a $348,545 entry. Equity gained on principal adds $2,249/yr, while 5% annual appreciation compiles into $96,297 by year five. Five-year ROI reaches 147.03% and total cumulative return in cash sums $169,885. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,920/mo property income covering a $1,706/mo payment, not borrower’s personal income.
Single Family
Built in 2025
6,098 sqft lot
$N/A/sqft
No HOA
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Listed by: Linda Shaw • Esteem Properties
Mls Name: Doorify MLS
Mls ID: #10109787