5477 Cayden Cove Dr,Wendell,NC,27591

Investment Highlights

Investment property for sale in Wendell at 5477 Cayden Cove Dr, Wendell, NC, 27591 offers a 8.43% rental yield on a $386,990 purchase with $2,720/mo rent. Total monthly income registers $2,720/mo, and a $1,894/mo payment leaves $362/mo available for distribution. Annual cash flow reaches $4,339/yr on $128,287 to close, and return on cash invested stands at 23.29% in year one. Equity gained on principal adds $2,497/yr while 5% annual appreciation supports $106,918 over five years. Portfolio math shows five-year ROI at 120.86% and total cumulative return in cash at $155,051. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,720/mo property income against a $1,894/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.