549 Folk Song WayWendellNC27591
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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
Rental property for sale in Wendell at 549 Folk Song Way, Wendell, NC, 27591 priced at $429,890 converts $2,104/mo rent into after a $2,104/mo obligation. Total monthly income equals $2,104/mo. Return on cash invested prints 15.57% in year one, and rental yield reads 5.87% against a $429,890 entry. Equity gained on principal adds $2,774/yr, while 5% annual appreciation compiles into $118,771 by year five. Five-year ROI reaches 79.45% and total cumulative return in cash sums $113,224. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,104/mo property income covering a $2,104/mo payment, not borrower’s personal income.
Single Family
Built in 2026
3,920 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Diane Masinick • Garman Homes LLC
Mls Name: Doorify MLS
Mls ID: #10141544