23 W Academy StWendellNC27591
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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 23 W Academy St, Wendell, NC, 27591 priced at $275,000 pairs $1,813/mo rent with $137/mo cash flow after a $1,346/mo payment. Total monthly income equals $1,813/mo, and annual cash flow comes to $1,644/yr on $91,163 invested. Return on cash invested is 21.71% in year one, and rental yield stands at 7.91% on a $275,000 basis. Equity gained on principal adds $1,775/yr, and 5% annual appreciation accumulates to $75,977 by year five. Five-year ROI measures 112.36% and total cumulative return in cash reaches $102,431. For financing, Ziffy Mortgage’s DSCR program evaluates $1,813/mo property income against a $1,346/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1948
6,534 sqft lot
$N/A/sqft
No HOA
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Listed by: Eric Jackson • Coldwell Banker HPW
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10140587
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.