123 Clearwater Dr, Morganton, NC, 28655 | $211/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

Rental property for sale in Morganton at 123 Clearwater Dr, Morganton, NC, 28655 generates $2,582/mo in rent and, after a $1,904/mo payment, leaves $211/mo in cash flow. Total monthly income is $2,582/mo, and annual cash flow is $2,534/yr on $128,954 invested. Return on cash invested sits at 21.87% in year one, and rental yield is 7.97% on a $389,000 entry. Equity gained on principal adds $2,510/yr, while 5% annual appreciation builds toward $107,474 over five years. Five-year ROI reaches 113.28% and total cumulative return in cash sums $146,082. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,582/mo property income rather than buyer’s personal income.

Single Family

Built in 2003

0.62 Acres lot

$N/A/sqft

No HOA