5648 Cayden Cove Dr,Wendell,NC,27591

Investment Highlights

Investment property for sale in Wendell at 5648 Cayden Cove Dr, Wendell, NC, 27591 listed at $423,430 pairs $2,920/mo rent with a $2,072/mo payment to leave $340/mo cash flow. Total monthly income runs $2,920/mo, and annual cash flow reaches $4,079/yr on $140,367 cash to close. Return on cash invested measures 22.81% in year one, and rental yield registers 8.28% at a $423,430 basis. Equity gained on principal adds $2,732/yr, and annual property appreciation at 5% supports $116,986 by year five. Five-year ROI tracks 118.29% and total cumulative return in cash totals $166,036. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,920/mo property income relative to a $2,072/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).