111 Kinwood St, Morganton, NC, 28655 | 6.84% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
2894 sft

112 Blanton Rd, Morganton, NC, 28655

5 Bed
3 Bath
2403 sft

3177 Hollyhill Cir, Valdese, NC, 28690

5 Bed
6 Bath
2466 sft

59 Hennessee St, Morganton, NC, 28655

3 Bed
3 Bath
957 sft

76 Ed Sneed Dr, Marion, NC, 28752

Nearby investment properties with comparable prices

2 Bed
2 Bath
1440 sft

240 Ravenswood Dr, Marion, NC, 28752

4 Bed
3 Bath
2975 sft

393 10th Street Dr NW, Hickory, NC, 28601

3 Bed
2 Bath
1698 sft

4364 Grover Pl, Granite Falls, NC, 28630

4 Bed
3 Bath
2904 sft

220 W Park Dr, Morganton, NC, 28655

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

Explore more listings using simple english

Investment Highlights

Total monthly income runs $2,993/mo, and a $2,570/mo payment. Purchase price stands at $525,000, and rental yield measures 6.84% with $2,993/mo rent. Return on cash invested shows 18.62% in year one, and 5% annual appreciation builds toward $145,048 over five years. Five-year ROI reaches 95.78% and total cumulative return in cash records $165,429. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,993/mo property income covering a $2,570/mo payment rather than investor’s personal income.

Single Family

Built in 1956

0.44 Acres lot

$N/A/sqft

No HOA