1304 Carbon City Rd #2MorgantonNC28655
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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 1304 Carbon City Rd #2, Morganton, NC, 28655 generates $983/mo in rent, after a $1,204/mo payment. Total monthly income is $983/mo. Return on cash invested sits at 12.31% in year one, and rental yield is 4.8% on a $246,000 entry. Equity gained on principal adds $1,587/yr, while 5% annual appreciation builds toward $67,965 over five years. Five-year ROI reaches 61.98% and total cumulative return in cash sums $50,546. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $983/mo property income rather than buyer’s personal income.
Single Family
Built in 2026
0.40 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Mark Cox • N C Land and Lots LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4340810