The Cabarrus N Plan, Wendell Falls,Wendell,NC,27591

Investment Highlights

Rental property for sale in Wendell at The Cabarrus N Plan, Wendell Falls, Wendell, NC, 27591 priced at $446,500 converts $2,294/mo rent into after a $2,185/mo obligation. Total monthly income equals $2,294/mo. Return on cash invested prints 15.64% in year one, and rental yield reads 6.17% against a $446,500 entry. Equity gained on principal adds $2,881/yr, while 5% annual appreciation compiles into $123,360 by year five. Five-year ROI reaches 80.12% and total cumulative return in cash sums $118,583. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,294/mo property income covering a $2,185/mo payment, not borrower’s personal income.