105 Woodlawn Dr, Morganton, NC, 28655 | 7.22% Rental Yield

For Sale

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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

Rental property for sale in Morganton at 105 Woodlawn Dr, Morganton, NC, 28655 priced at $350,000 pairs $2,105/mo rent with after a $1,713/mo payment. Total monthly income equals $2,105/mo. Return on cash invested is 19.62% in year one, and rental yield stands at 7.22% on a $350,000 basis. Equity gained on principal adds $2,258/yr, and 5% annual appreciation accumulates to $96,699 by year five. Five-year ROI measures 101.16% and total cumulative return in cash reaches $117,374. For financing, Ziffy Mortgage’s DSCR program evaluates $2,105/mo property income against a $1,713/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 1960

0.68 Acres lot

$N/A/sqft

No HOA