613 Rocky Shore Ln,Wendell,NC,27591

Investment Highlights

Investment property for sale in Wendell at 613 Rocky Shore Ln, Wendell, NC, 27591 offers a 7.44% rental yield on a $369,990 purchase with $2,294/mo rent. Total monthly income registers $2,294/mo, and a $1,811/mo payment leaves $39/mo available for distribution. Annual cash flow reaches $468/yr on $122,652 to close, and return on cash invested stands at 20.29% in year one. Equity gained on principal adds $2,387/yr while 5% annual appreciation supports $102,221 over five years. Portfolio math shows five-year ROI at 104.79% and total cumulative return in cash at $128,522. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,294/mo property income against a $1,811/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.