53 Lake Wendell RdWendellNC27591
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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
Investment property for sale in Wendell at 53 Lake Wendell Rd, Wendell, NC, 27591 with 5% annual appreciation on a $799,999 basis while $3,646/mo rent supports operations. 45% in year one. Equity gained on principal adds $5,162/yr, and five-year appreciation sums $221,025 alongside rental yield of 5.47%. Five-year ROI measures 73.42% and total cumulative return in cash totals $193,231. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,646/mo property income versus a $3,916/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1987
1.92 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Gretchen Coley • Compass -- Raleigh
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10106358
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.