108 Scott St, Morganton, NC, 28655 | $459/mo Cash Flow

For Sale

Rental Income

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

Rental property for sale in Morganton at 108 Scott St, Morganton, NC, 28655 priced at $365,000 converts $2,683/mo rent into $459/mo cash flow after a $1,786/mo obligation. Total monthly income equals $2,683/mo, and annual cash flow totals $5,508/yr on $120,998 invested. Return on cash invested prints 24.46% in year one, and rental yield reads 8.82% against a $365,000 entry. Equity gained on principal adds $2,355/yr, while 5% annual appreciation compiles into $100,843 by year five. Five-year ROI reaches 127.12% and total cumulative return in cash sums $153,811. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,683/mo property income covering a $1,786/mo payment, not borrower’s personal income.

Single Family

Built in 1954

1.17 Acres lot

$N/A/sqft

No HOA