196 Eagles Lndg,Morganton,NC,28655

Investment Highlights

Rental property for sale in Morganton at 196 Eagles Lndg, Morganton, NC, 28655 offers $2,212/mo rent that, after a $1,561/mo payment, leaves $268/mo cash flow. Total monthly income is $2,212/mo, and annual cash flow is $3,218/yr on $105,749 cash. Return on cash invested measures 22.95% in year one, and rental yield stands at 8.32% at a $319,000 entry. Equity gained on principal adds $2,058/yr while 5% annual appreciation compounds into $88,134 by year five. Five-year ROI records 119.06% and total cumulative return in cash reaches $125,905. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,212/mo property income versus a $1,561/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.