Tryon III Plan, Cayden Cove : Summit Collection,Wendell,NC,27591

Investment Highlights

Rental property for sale in Wendell at Tryon III Plan, Cayden Cove: Summit Collection, Wendell, NC, 27591 offers $3,622/mo rent that, after a $2,154/mo payment, leaves $940/mo cash flow. Total monthly income is $3,622/mo, and annual cash flow is $11,280/yr on $145,857 cash. Return on cash invested measures 27.64% in year one, and rental yield stands at 9.88% at a $439,990 entry. Equity gained on principal adds $2,839/yr while 5% annual appreciation compounds into $121,561 by year five. Five-year ROI records 144.22% and total cumulative return in cash reaches $210,355. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,622/mo property income versus a $2,154/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.