204 Whitley Rd, Morganton, NC, 28655 | $715/mo Cash Flow

For Sale

Fix & Flip

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 204 Whitley Rd, Morganton, NC, 28655 uses $77,869 cash to close to unlock $8,581/yr annual cash flow and $715/mo monthly cash flow. Total monthly income runs $2,147/mo, and a $1,150/mo payment keeps the spread at $715/mo. Purchase price stands at $234,900, and rental yield measures 10.97% with $2,147/mo rent. Return on cash invested shows 30.93% in year one, and 5% annual appreciation builds toward $64,899 over five years. Five-year ROI reaches 161.87% and total cumulative return in cash records $126,045. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,147/mo property income covering a $1,150/mo payment rather than investor’s personal income.

Single Family

Built in 1965

0.85 Acres lot

$N/A/sqft

No HOA