202 Ivy Ct, Morganton, NC, 28655 | $266/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

Investment property for sale in Morganton at 202 Ivy Ct, Morganton, NC, 28655 listed at $297,999 pairs $2,083/mo rent with a $1,459/mo payment to leave $266/mo cash flow. Total monthly income runs $2,083/mo, and annual cash flow reaches $3,197/yr on $98,787 cash to close. Return on cash invested measures 23.15% in year one, and rental yield registers 8.39% at a $297,999 basis. Equity gained on principal adds $1,923/yr, and annual property appreciation at 5% supports $82,332 by year five. Five-year ROI tracks 120.08% and total cumulative return in cash totals $118,628. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,083/mo property income relative to a $1,459/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Townhouse

Built in 2018

2,178 sqft lot

$N/A/sqft

No HOA