283 Daniel Ridge RdWendellNC27591
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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
Investment property for sale in Wendell at 283 Daniel Ridge Rd, Wendell, NC, 27591 with 5% annual appreciation on a $405,000 basis while $2,704/mo rent supports operations. Total monthly income totals $2,704/mo and a $1,982/mo payment preserves $236/mo for cash returns. Annual cash flow comes to $2,832/yr on $134,258 deployed, and return on cash invested reaches 22.02% in year one. Equity gained on principal adds $2,613/yr, and five-year appreciation sums $111,894 alongside rental yield of 8.01%. Five-year ROI measures 114.02% and total cumulative return in cash totals $153,086.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,704/mo property income versus a $1,982/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2021
3,049 sqft lot
$N/A/sqft
No HOA
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Listed by: John Collins • Berkshire Hathaway HomeService
Mls Name: Doorify MLS
Mls ID: #10134584