111 Clark StreetMorgantonNC28655
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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
Investment Highlights
Investment property for sale in Morganton at 111 Clark Street, Morganton, NC, 28655 listed at $295,400 pairs $1,943/mo rent with a $1,446/mo payment to leave $143/mo cash flow. Total monthly income runs $1,943/mo, and annual cash flow reaches $1,710/yr on $97,925 cash to close. Return on cash invested measures 21.66% in year one, and rental yield registers 7.89% at a $295,400 basis. Equity gained on principal adds $1,906/yr, and annual property appreciation at 5% supports $81,614 by year five. Five-year ROI tracks 112.1% and total cumulative return in cash totals $109,772. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,943/mo property income relative to a $1,446/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1945
0.73 Acres lot
$N/A/sqft
No HOA
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Listed by: Toni Powers • The Powers Realty Group, LLC
Mls Name: High Country AOR
Mls Provider:
Mls ID: #254610
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.