240 Douglas Falls DrWendellNC27591
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe income profile at 240 Douglas Falls Dr, Wendell, NC, 27591 in Wendell is straightforward: $284,900 in, $2,275/mo in rent, $334/mo out after debt service. The 9.58% gross yield and 1.78 DSCR make this exactly the kind of asset Ziffy Mortgage finances for non-U.S. residents without income documentation. Appreciation at 5%/yr adds $78,713 by year five. With $2,624/yr in principal equity, the total cumulative return is projected at $142,634.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.6% | 5.9% |
| Monthly Cash Flow | $334 | $1,800 |
City averages based on Wendell market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,275 |
| Total Monthly Debt Service | $1,623 |
| DSCR Ratio | 1.40x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 2020
1,742 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Townhouse
Built in 2020
1,742 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Doorify MLS
Mls ID: #10159117