Colfax Plan, Browning Mill,Wendell,NC,27591

Investment Highlights

Rental property for sale in Wendell at Colfax Plan, Browning Mill, Wendell, NC, 27591 offers $3,398/mo rent that, after a $2,662/mo payment, leaves $83/mo cash flow. Total monthly income is $3,398/mo, and annual cash flow is $1,000/yr on $178,943 cash. Return on cash invested measures 20.62% in year one, and rental yield stands at 7.5% at a $543,900 entry. Equity gained on principal adds $3,510/yr while 5% annual appreciation compounds into $150,270 by year five. Five-year ROI records 106.5% and total cumulative return in cash reaches $190,575. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,398/mo property income versus a $2,662/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.