824 Old Tarboro RdWendellNC27591
INVESTMENT ANALYSIS
Investment Verdict
Solid Income824 Old Tarboro Rd, Wendell, NC, 27591 in Wendell is a solid income-producing rental, 9.6% gross yield, $2,340/mo rent, $417/mo net cash flow on a $292,490 buy. DSCR 1.78 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $80,810 and $2,694/yr in principal reduction project a total cumulative return of $138,322.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.6% | 5.9% |
| Monthly Cash Flow | $417 | $1,800 |
City averages based on Wendell market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,340 |
| Total Monthly Debt Service | $1,806 |
| DSCR Ratio | 1.30x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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.
Townhouse
Built in 2025
N/A lot
$N/A/sqft
$140 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
Townhouse
Built in 2025
N/A lot
$N/A/sqft
$140 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sam DeStefano • DR Horton-Terramor Homes, LLC
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10108918
Disclaimer: The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS. Copyright 2025 Doorify MLS of North Carolina. All rights reserved.