1401 E Union St, Morganton, NC, 28655 | $412/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
1092 sft

152 Duke St, Granite Falls, NC, 28613

3 Bed
2 Bath
1344 sft

343 Shasta Ln, Lenoir, NC, 28645

3 Bed
2 Bath
1602 sft

205 Main Ave W, Hildebran, NC, 28637

3 Bed
2 Bath
1442 sft

3020 Spencer Heights Dr, Lenoir, NC, 28645

Nearby investment properties with comparable prices

2 Bed
2 Bath
1475 sft

332 Fairlane Dr NE, Lenoir, NC, 28645

3 Bed
2 Bath
1407 sft

115 E Catawba St, Morganton, NC, 28655

3 Bed
3 Bath
1574 sft

4588 Bethel Church Rd, Hickory, NC, 28602

3 Bed
3 Bath
1836 sft

2411 Allendale Cir, Lenoir, NC, 28645

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Morganton at 1401 E Union St, Morganton, NC, 28655 earns $412/mo cash flow from $2,393/mo rent with a $1,591/mo payment. Total monthly income totals $2,393/mo, and annual cash flow totals $4,944/yr on $107,738 capital. ROI tracks 24.5% on current figures, and rental yield reads 8.84% at a $325,000 purchase. Equity gained on principal adds $2,097/yr, and 5% annual appreciation supports $89,792 over five years. Five-year ROI reaches 127.31% and total cumulative return in cash sums $137,161. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,393/mo property income instead of your personal income.

Single Family

Built in 1950

2 Acres lot

$N/A/sqft

No HOA