308 Church St,Wendell,NC,27591

Investment Highlights

Investment property for sale in Wendell at 308 Church St, Wendell, NC, 27591 listed at $283,918 pairs $2,340/mo rent with a $1,390/mo payment to leave $609/mo cash flow. Total monthly income runs $2,340/mo, and annual cash flow reaches $7,312/yr on $94,119 cash to close. Return on cash invested measures 27.68% in year one, and rental yield registers 9.89% at a $283,918 basis. Equity gained on principal adds $1,832/yr, and annual property appreciation at 5% supports $78,441 by year five. Five-year ROI tracks 144.41% and total cumulative return in cash totals $135,915. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,340/mo property income relative to a $1,390/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).