1008 Faith Ct, Morganton, NC, 28655 | 6.83% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Morganton at 1008 Faith Ct, Morganton, NC, 28655 listed at $473,500 pairs $2,694/mo rent with a $2,318/mo payment. Total monthly income runs $2,694/mo. Return on cash invested measures 18.44% in year one, and rental yield registers 6.83% at a $473,500 basis. Equity gained on principal adds $3,055/yr, and annual property appreciation at 5% supports $130,819 by year five. Five-year ROI tracks 94.83% and total cumulative return in cash totals $148,852. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,694/mo property income relative to a $2,318/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 2025

0.78 Acres lot

$N/A/sqft

No HOA