104 Reece RdMorgantonNC28655
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Investment Highlights
Investment property for sale in Morganton at 104 Reece Rd, Morganton, NC, 28655 with 5% annual appreciation on a $170,000 basis while $1,687/mo rent supports operations. Total monthly income totals $1,687/mo and a $832/mo payment preserves $651/mo for cash returns. Annual cash flow comes to $7,812/yr on $56,355 deployed, and return on cash invested reaches 33.77% in year one. Equity gained on principal adds $1,097/yr, and five-year appreciation sums $46,968 alongside rental yield of 11.91%. Five-year ROI measures 177.03% and total cumulative return in cash totals $99,765.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,687/mo property income versus a $832/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1956
0.27 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Hannah Robinson • Berkshire Hathaway HomeServices Blue Ridge REALTORS
Mls Name: Canopy MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #4207449
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