313 Catheys Creek CirWendellNC27591
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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
Rental property for sale in Wendell at 313 Catheys Creek Cir, Wendell, NC, 27591 priced at $662,000 pairs $2,294/mo rent with after a $3,240/mo payment. Total monthly income equals $2,294/mo. Return on cash invested is 10.47% in year one, and rental yield stands at 4.16% on a $662,000 basis. Equity gained on principal adds $4,272/yr, and 5% annual appreciation accumulates to $182,898 by year five. Five-year ROI measures 52.07% and total cumulative return in cash reaches $113,401. For financing, Ziffy Mortgage’s DSCR program evaluates $2,294/mo property income against a $3,240/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
5,662 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Cheralyn Baker • Homes by Dickerson Real Estate
Mls Name: Doorify MLS
Mls ID: #10119032