516 Wendell Falls PkwyWendellNC27591
INVESTMENT ANALYSIS
Investment Verdict
Income-Producing516 Wendell Falls Pkwy, Wendell, NC, 27591 in Wendell is a stable, well-positioned rental at $449,000. Rental yield 6.89%. DSCR 1.21 qualifies for Ziffy Mortgage's DSCR mortgage without U.S. income documentation. Over five years, 5% appreciation adds $124,050 in value and $3,764/yr in principal paydown builds equity, a total projected return of $151,361.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.9% | 5.9% |
| Monthly Cash Flow | $(160) | $1,800 |
City averages based on Wendell market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $2,576 |
| Total Monthly Debt Service | $2,667 |
| DSCR Ratio | 0.97x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1950
0.45 Acres lot
$N/A/sqft
No HOA
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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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Listed by: N/A • N/A
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10191523
