8516 Wayfair CtFuquay VarinaNC27526
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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
Investment Highlights
Rental property for sale in Fuquay Varina at 8516 Wayfair Ct, Fuquay Varina, NC, 27526 offers $2,304/mo rent that, after a $1,038/mo payment, leaves $1,012/mo cash flow. Total monthly income is $2,304/mo, and annual cash flow is $12,139/yr on $70,278 cash. Return on cash invested measures 37.18% in year one, and rental yield stands at 13.04% at a $212,000 entry. Equity gained on principal adds $1,368/yr while 5% annual appreciation compounds into $58,572 by year five. Five-year ROI records 195.37% and total cumulative return in cash reaches $137,299. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,304/mo property income versus a $1,038/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 1997
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27526, Fuquay Varina, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,398 (100%) |
| Owner Occupied HU | 22,007 (74.9%) |
| Renter Occupied HU | 5,725 (19.5%) |
| Vacant Housing Units | 1,666 ( 5.7%) |
| Median Home Value | $454,486 |
| Average Home Value | $535,857 |
Housing Distribution
Address Breakdown
Residential
27,375
Single Family
27,088
Multi-Family
287
Businesses
1,165
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Listed by: Beth Peele • EXP Realty LLC
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10094571
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.