209 Pete Brittain Rd, Morganton, NC, 28655 | $494/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
1 Bath
1104 sft

4744 Hickory Nut Ridge Rd, Granite Falls, NC, 28630

3 Bed
2 Bath
1093 sft

4245 Spring Valley Pl, Granite Falls, NC, 28630

Investment Property+ 2 more

3 Bed
2 Bath
1560 sft

106 Ones Branch Ct, Morganton, NC, 28655

3 Bed
2 Bath
1512 sft

808 Vine Arden Rd, Morganton, NC, 28655

Nearby investment properties with comparable prices

2 Bed
2 Bath
1003 sft

117 24th St NW, Hickory, NC, 28601

2 Bed
2 Bath
840 sft

1010 Biggerstaff Loop #10, Nebo, NC, 28761

2 Bed
1 Bath
750 sft

6 Lane St #6, Morganton, NC, 28655

2 Bed
1 Bath
1118 sft

123 Industrial Blvd, Morganton, NC, 28655

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Morganton at 209 Pete Brittain Rd, Morganton, NC, 28655 offers a 10.14% rental yield on a $210,000 purchase with $1,774/mo rent. Total monthly income registers $1,774/mo, and a $1,028/mo payment leaves $494/mo available for distribution. Annual cash flow reaches $5,928/yr on $69,615 to close, and return on cash invested stands at 28.42% in year one. Equity gained on principal adds $1,355/yr while 5% annual appreciation supports $58,019 over five years. Portfolio math shows five-year ROI at 148.37% and total cumulative return in cash at $103,288. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,774/mo property income against a $1,028/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1935

0.80 Acres lot

$N/A/sqft

No HOA