616 Rocky Shore Ln,Wendell,NC,27591

Investment Highlights

Rental property for sale in Wendell at 616 Rocky Shore Ln, Wendell, NC, 27591 priced at $362,490 converts $2,294/mo rent into $85/mo cash flow after a $1,774/mo obligation. Total monthly income equals $2,294/mo, and annual cash flow totals $1,020/yr on $120,165 invested. Return on cash invested prints 20.76% in year one, and rental yield reads 7.59% against a $362,490 entry. Equity gained on principal adds $2,339/yr, while 5% annual appreciation compiles into $100,149 by year five. Five-year ROI reaches 107.29% and total cumulative return in cash sums $128,927. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,294/mo property income covering a $1,774/mo payment, not borrower’s personal income.