102 Shetland CtMorgantonNC28655
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis Morganton rental at 102 Shetland Ct, Morganton, NC, 28655 sits in the solid-income band: 9.57% gross yield, $1,913/mo rent, $251/mo net after the $1,079/mo debt service, DSCR 1.77. Entry price of $239,900 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $66,280 and $2,210/yr in principal reduction bring total cumulative return to $107,913.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 9.6% | 6.2% |
| Monthly Cash Flow | $251 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,913 |
| Total Monthly Debt Service | $1,567 |
| DSCR Ratio | 1.22x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 1986
0.08 Acres lot
$N/A/sqft
$200 monthly HOA
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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
Townhouse
Built in 1986
0.08 Acres lot
$N/A/sqft
$200 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices