564 Folk Song WayWendellNC27591
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingSteady, low-maintenance, and fundable: 564 Folk Song Way, Wendell, NC, 27591 in Wendell at $459,890. Rental yield 6.93%. The 6.93% yield and 1.28 DSCR put this right in the range Ziffy Mortgage approves for non-U.S. investors without W-2s or domestic credit. Appreciation at 5%/yr is projected to add $127,059 by year five, and $4,236/yr in principal reduction steadily grows the investor's stake. Total projected cumulative return: $158,492.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.9% | 5.9% |
| Monthly Cash Flow | $(252) | $1,800 |
City averages based on Wendell market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $2,656 |
| Total Monthly Debt Service | $2,725 |
| DSCR Ratio | 0.97x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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
3,920 sqft lot
$N/A/sqft
$105 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
3,920 sqft lot
$N/A/sqft
$105 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Danica Kuplin Amanchukwu • Garman Homes LLC
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10144304
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.