203 Beacon Ave, Morganton, NC, 28655 | 6.06% Rental Yield

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

Total monthly income runs $1,380/mo, and a $1,338/mo payment. Purchase price stands at $273,400, and rental yield measures 6.06% with $1,380/mo rent. Return on cash invested shows 16.12% in year one, and 5% annual appreciation builds toward $75,535 over five years. Five-year ROI reaches 82.4% and total cumulative return in cash records $74,677. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,380/mo property income covering a $1,338/mo payment rather than investor’s personal income.

Townhouse

Built in 2024

0.07 Acres lot

$N/A/sqft

No HOA