1156 Oak Forest Dr, Morganton, NC, 28655 | $690/mo Cash Flow

For Sale

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

Investment property for sale in Morganton at 1156 Oak Forest Dr, Morganton, NC, 28655 earns $690/mo cash flow from $1,908/mo rent with a $978/mo payment. Total monthly income totals $1,908/mo, and annual cash flow totals $8,281/yr on $66,267 capital. ROI tracks 32.41% on current figures, and rental yield reads 11.45% at a $199,900 purchase. Equity gained on principal adds $1,290/yr, and 5% annual appreciation supports $55,229 over five years. Five-year ROI reaches 169.79% and total cumulative return in cash sums $112,513. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,908/mo property income instead of your personal income.

Single Family

Built in 1976

0.34 Acres lot

$N/A/sqft

No HOA