537 Folk Song WayWendellNC27591
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 537 Folk Song Way, Wendell, NC, 27591 priced at $389,890 pairs $2,294/mo rent with after a $1,908/mo payment. Total monthly income equals $2,294/mo. Return on cash invested is 18.22% in year one, and rental yield stands at 7.06% on a $389,890 basis. Equity gained on principal adds $2,516/yr, and 5% annual appreciation accumulates to $107,719 by year five. Five-year ROI measures 94.01% and total cumulative return in cash reaches $121,510. For financing, Ziffy Mortgage’s DSCR program evaluates $2,294/mo property income against a $1,908/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
3,049 sqft lot
$N/A/sqft
$100 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Diane Masinick • Garman Homes LLC
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10123023
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.