537 Whale Cove WayWendellNC27591
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid, durable, and financeable, 537 Whale Cove Way, Wendell, NC, 27591 in Wendell earns a 8.4% gross yield at $369,990. Rent of $2,588/mo nets $208/mo after the $1,664/mo mortgage. The 1.56 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $102,221 and $3,408/yr in equity accumulation project a total cumulative return of $154,111.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.4% | 5.9% |
| Monthly Cash Flow | $208 | $1,800 |
City averages based on Wendell market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,588 |
| Total Monthly Debt Service | $2,233 |
| DSCR Ratio | 1.16x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2026
4,791 sqft lot
$N/A/sqft
$125 monthly HOA
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
Single Family
Built in 2026
4,791 sqft lot
$N/A/sqft
$125 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kristen Clark • Lennar Carolinas LLC
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10155380
Disclaimer: The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS. Copyright 2026 Doorify MLS of North Carolina. All rights reserved.