257 Douglas Falls DrWendellNC27591
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis is a cash-flow-light asset: 257 Douglas Falls Dr, Wendell, NC, 27591 in Wendell, $369,900, 8.47% gross yield, $189/mo net income. Consider it a market-entry position, the $2,612/mo rent covers the $1,663/mo payment with a margin, and 5%/yr appreciation is projected to add $102,197 to the asset's value over five years. Ziffy Mortgage approves DSCR loans (coverage 1.57) for non-U.S. residents without domestic income documentation. Consider a higher down payment to widen the monthly margin. Total projected return: $153,038.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.5% | 5.9% |
| Monthly Cash Flow | $189 | $1,800 |
City averages based on Wendell market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,612 |
| Total Monthly Debt Service | $2,276 |
| DSCR Ratio | 1.15x |
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.
Single Family
Built in 2020
3,049 sqft lot
$N/A/sqft
$95 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
Single Family
Built in 2020
3,049 sqft lot
$N/A/sqft
$95 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Johnny Chappell • Compass -- Raleigh
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10121221
Disclaimer: The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS. Copyright 2025 Doorify MLS of North Carolina. All rights reserved.