348 Rye Way, Wendell, NC, 27591 | $324/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Wendell at 348 Rye Way, Wendell, NC, 27591 offers $2,426/mo rent that, after a $1,688/mo payment, leaves $324/mo cash flow. Total monthly income is $2,426/mo, and annual cash flow is $3,889/yr on $114,334 cash. Return on cash invested measures 23.31% in year one, and rental yield stands at 8.44% at a $344,900 entry. Equity gained on principal adds $2,226/yr while 5% annual appreciation compounds into $95,290 by year five. Five-year ROI records 121% and total cumulative return in cash reaches $138,345. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,426/mo property income versus a $1,688/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 2026

0.81 Acres lot

$N/A/sqft

No HOA