620 Rocky Shore Ln,Wendell,NC,27591

Investment Highlights

Rental property for sale in Wendell at 620 Rocky Shore Ln, Wendell, NC, 27591 priced at $368,765 pairs $2,294/mo rent with $46/mo cash flow after a $1,805/mo payment. Total monthly income equals $2,294/mo, and annual cash flow comes to $558/yr on $122,246 invested. Return on cash invested is 20.37% in year one, and rental yield stands at 7.46% on a $368,765 basis. Equity gained on principal adds $2,380/yr, and 5% annual appreciation accumulates to $101,883 by year five. Five-year ROI measures 105.16% and total cumulative return in cash reaches $128,557. For financing, Ziffy Mortgage’s DSCR program evaluates $2,294/mo property income against a $1,805/mo payment instead of your W2s, 1099s, or Tax returns.