102 Ivy Ct, Morganton, NC, 28655 | 5.1% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

2 Bed
1 Bath
712 sft

41 Miller Ave, Marion, NC, 28752

2 Bed
1 Bath
705 sft

451 Jonestown Rd, Bostic, NC, 28018

2 Bed
1 Bath
912 sft

3962 Smokey Creek Rd, Lenoir, NC, 28645

3 Bed
2 Bath
2588 sft

4338 Calico Rd, Lenoir, NC, 28645

Nearby investment properties with comparable prices

2 Bed
2 Bath
1475 sft

332 Fairlane Dr NE, Lenoir, NC, 28645

3 Bed
2 Bath
1407 sft

115 E Catawba St, Morganton, NC, 28655

3 Bed
3 Bath
1574 sft

4588 Bethel Church Rd, Hickory, NC, 28602

3 Bed
3 Bath
1836 sft

2411 Allendale Cir, Lenoir, NC, 28645

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Morganton at 102 Ivy Ct, Morganton, NC, 28655 listed at $325,000 pairs $1,380/mo rent with a $1,591/mo payment. Total monthly income runs $1,380/mo. Return on cash invested measures 13.21% in year one, and rental yield registers 5.1% at a $325,000 basis. Equity gained on principal adds $2,097/yr, and annual property appreciation at 5% supports $89,792 by year five. Five-year ROI tracks 66.81% and total cumulative return in cash totals $71,977. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,380/mo property income relative to a $1,591/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Townhouse

Built in 2025

0.11 Acres lot

$N/A/sqft

No HOA