225 Baxter St, Morganton, NC, 28655 | $457/mo Cash Flow

For Sale

Listed for sale today

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

Rental property for sale in Morganton at 225 Baxter St, Morganton, NC, 28655 priced at $199,000 converts $1,670/mo rent into $457/mo cash flow after a $974/mo obligation. Total monthly income equals $1,670/mo, and annual cash flow totals $5,486/yr on $65,969 invested. Return on cash invested prints 28.23% in year one, and rental yield reads 10.07% against a $199,000 entry. Equity gained on principal adds $1,284/yr, while 5% annual appreciation compiles into $54,980 by year five. Five-year ROI reaches 147.37% and total cumulative return in cash sums $97,218. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,670/mo property income covering a $974/mo payment, not borrower’s personal income.

Single Family

Built in 1981

0.57 Acres lot

$N/A/sqft

No HOA