240 Sweetbay Tree DrWendellNC27591
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 240 Sweetbay Tree Dr, Wendell, NC, 27591 in Wendell at $327,159 earns $2,340/mo in rent and nets $186/mo after the $1,471/mo payment, a 8.58% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $90,388 over five years. Ziffy Mortgage underwrites this on a 1.59 DSCR without U.S. credit history. With $3,013/yr in principal paydown, total projected return reaches $136,626.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.6% | 5.9% |
| Monthly Cash Flow | $186 | $1,800 |
City averages based on Wendell market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,340 |
| Total Monthly Debt Service | $2,024 |
| DSCR Ratio | 1.16x |
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 2024
3,484 sqft lot
$N/A/sqft
$160 monthly 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 2024
3,484 sqft lot
$N/A/sqft
$160 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices