183 Cardovia WayWendellNC27591
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity Builder183 Cardovia Way, Wendell, NC, 27591 in Wendell is a stable, well-positioned rental at $519,900. Rental yield 7.13%. DSCR 1.25 qualifies for Ziffy Mortgage's DSCR mortgage without U.S. income documentation. Over five years, 5% appreciation adds $143,639 in value and $4,358/yr in principal paydown builds equity, a total projected return of $178,811.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.1% | 5.9% |
| Monthly Cash Flow | $(133) | $1,800 |
City averages based on Wendell market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $3,089 |
| Total Monthly Debt Service | $3,142 |
| DSCR Ratio | 0.98x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2026
0.46 Acres lot
$N/A/sqft
$640 annually HOA
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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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Listed by: Nicole Orringer • HomeTowne Realty
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10137221
Disclaimer: The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS. Copyright 2026 Doorify MLS of North Carolina. All rights reserved.
