Cooper Plan, Browning Mill,Wendell,NC,27591

Investment Highlights

Rental property for sale in Wendell at Cooper Plan, Browning Mill, Wendell, NC, 27591 priced at $523,900 converts $2,294/mo rent into after a $2,564/mo obligation. Total monthly income equals $2,294/mo. Return on cash invested prints 13.8% in year one, and rental yield reads 5.25% against a $523,900 entry. Equity gained on principal adds $3,381/yr, while 5% annual appreciation compiles into $144,744 by year five. Five-year ROI reaches 69.95% and total cumulative return in cash sums $120,563. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,294/mo property income covering a $2,564/mo payment, not borrower’s personal income.