360 Tast DrWendellNC27591
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 360 Tast Dr, Wendell, NC, 27591 offers $2,567/mo rent that, after a $2,031/mo payment, leaves $38/mo cash flow. Total monthly income is $2,567/mo, and annual cash flow is $457/yr on $137,539 cash. Return on cash invested measures 20.24% in year one, and rental yield stands at 7.42% at a $414,900 entry. Equity gained on principal adds $2,677/yr while 5% annual appreciation compounds into $114,629 by year five. Five-year ROI records 104.53% and total cumulative return in cash reaches $143,774. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,567/mo property income versus a $2,031/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2004
0.63 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Christy R Mangum • Coldwell Banker HPW
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10123053
Disclaimer: The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS. Copyright 2025 Doorify MLS of North Carolina. All rights reserved.