328 Seagrass Cir,Wendell,NC,27591

Investment Highlights

Rental property for sale in Wendell at 328 Seagrass Cir, Wendell, NC, 27591 priced at $444,990 converts $2,978/mo rent into $266/mo cash flow after a $2,178/mo obligation. Total monthly income equals $2,978/mo, and annual cash flow totals $3,192/yr on $147,514 invested. Return on cash invested prints 22.07% in year one, and rental yield reads 8.03% against a $444,990 entry. Equity gained on principal adds $2,871/yr, while 5% annual appreciation compiles into $122,943 by year five. Five-year ROI reaches 114.35% and total cumulative return in cash sums $168,677. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,978/mo property income covering a $2,178/mo payment, not borrower’s personal income.