90 Merle WayWendellNC27591
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
Investment Highlights
Investment property for sale in Wendell at 90 Merle Way, Wendell, NC, 27591 listed at $549,700 pairs $2,920/mo rent with a $2,691/mo payment. Total monthly income runs $2,920/mo. Return on cash invested measures 16.93% in year one, and rental yield registers 6.37% at a $549,700 basis. Equity gained on principal adds $3,547/yr, and annual property appreciation at 5% supports $151,872 by year five. Five-year ROI tracks 86.79% and total cumulative return in cash totals $156,960. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,920/mo property income relative to a $2,691/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
0.73 Acres lot
$N/A/sqft
$500 annually HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michelle Cencelewski • HomeTowne Realty
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10101910
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.