500 Whale Cove DrWendellNC27591
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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 500 Whale Cove Dr, Wendell, NC, 27591 priced at $366,490 converts $2,294/mo rent into after a $1,794/mo obligation. Total monthly income equals $2,294/mo. Return on cash invested prints 19.27% in year one, and rental yield reads 7.51% against a $366,490 entry. Equity gained on principal adds $2,365/yr, while 5% annual appreciation compiles into $101,254 by year five. Five-year ROI reaches 99.75% and total cumulative return in cash sums $121,183. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,294/mo property income covering a $1,794/mo payment, not borrower’s personal income.
Single Family
Built in 2025
6,098 sqft lot
$N/A/sqft
$125 monthly HOA
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Nearby investment properties with comparable prices
Listed by: John Christy • Lennar Carolinas LLC
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10115847
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.