40 Newman Ln,Wendell,NC,27591

Investment Highlights

Rental property for sale in Wendell at 40 Newman Ln, Wendell, NC, 27591 offers $2,656/mo rent that, after a $2,124/mo payment, leaves $11/mo cash flow. Total monthly income is $2,656/mo, and annual cash flow is $134/yr on $143,871 cash. Return on cash invested measures 20% in year one, and rental yield stands at 7.34% at a $434,000 entry. Equity gained on principal adds $2,801/yr while 5% annual appreciation compounds into $119,906 by year five. Five-year ROI records 103.24% and total cumulative return in cash reaches $148,534. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,656/mo property income versus a $2,124/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.