212 Riverside Dr, Morganton, NC, 28655 | $1,110/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 212 Riverside Dr, Morganton, NC, 28655 with 5% annual appreciation on a $399,000 basis while $3,542/mo rent supports operations. Total monthly income totals $3,542/mo and a $1,953/mo payment preserves $1,110/mo for cash returns. Annual cash flow comes to $13,322/yr on $132,269 deployed, and return on cash invested reaches 29.98% in year one. Equity gained on principal adds $2,575/yr, and five-year appreciation sums $110,236 alongside rental yield of 10.65%. Five-year ROI measures 156.76% and total cumulative return in cash totals $207,338.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,542/mo property income versus a $1,953/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 1979

0.42 Acres lot

$N/A/sqft

No HOA