162 Rapids RunMorgantonNC28655
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Investment property for sale in Morganton at 162 Rapids Run, Morganton, NC, 28655 at $350,000 posts ROI 21.38% with $142/mo cash flow from $2,275/mo rent. Total monthly income equals $2,275/mo, and annual cash flow records $1,704/yr on $116,025 to close. Return on cash invested measures 21.38% and rental yield reads 7.8% at the current $350,000. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,699 by year five. Five-year ROI prints 110.58% and total cumulative return in cash totals $128,306.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,275/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2006
0.49 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Stacey Sauls • Keller Williams Connected
Mls Name: Canopy MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #4186776
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