112 Surrey Dr,Morganton,NC,28655

Investment Highlights

Investment property for sale in Morganton at 112 Surrey Dr, Morganton, NC, 28655 offers a 8.58% rental yield on a $325,000 purchase with $2,324/mo rent. Total monthly income registers $2,324/mo, and a $1,591/mo payment leaves $343/mo available for distribution. Annual cash flow reaches $4,116/yr on $107,738 to close, and return on cash invested stands at 23.73% in year one. Equity gained on principal adds $2,097/yr while 5% annual appreciation supports $89,792 over five years. Portfolio math shows five-year ROI at 123.2% and total cumulative return in cash at $132,733. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,324/mo property income against a $1,591/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.