115 Apple Blossom DrMorgantonNC28655
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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
Rental property for sale in Morganton at 115 Apple Blossom Dr, Morganton, NC, 28655 priced at $379,000 pairs $1,679/mo rent with after a $1,855/mo payment. Total monthly income equals $1,679/mo. Return on cash invested is 13.88% in year one, and rental yield stands at 5.32% on a $379,000 basis. Equity gained on principal adds $2,446/yr, and 5% annual appreciation accumulates to $104,711 by year five. Five-year ROI measures 70.45% and total cumulative return in cash reaches $88,511. For financing, Ziffy Mortgage’s DSCR program evaluates $1,679/mo property income against a $1,855/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1987
0.52 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Sara Black • RE/MAX Southern Lifestyles
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4325906