2250 Fitipaldi DrMorgantonNC28655
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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
Investment Highlights
Rental property for sale in Morganton at 2250 Fitipaldi Dr, Morganton, NC, 28655 generates $1,115/mo in rent, after a $3,294/mo payment. Total monthly income is $1,115/mo. Return on cash invested sits at 3.87% in year one, and rental yield is 1.99% on a $673,000 entry. Equity gained on principal adds $4,343/yr, while 5% annual appreciation builds toward $185,937 over five years. Five-year ROI reaches 16.7% and total cumulative return in cash sums $36,971. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,115/mo property income rather than buyer’s personal income.
Single Family
Built in 2005
4.29 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Bryan Black • RE/MAX Southern Lifestyles
Mls Name: Canopy MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #4265253
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-22 23:23:05 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#87)