2302 Saratoga RunMorgantonNC28655
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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 2302 Saratoga Run, Morganton, NC, 28655 generates $2,588/mo in rent, after a $2,153/mo payment. Total monthly income is $2,588/mo. Return on cash invested sits at 19.14% in year one, and rental yield is 7.06% on a $439,900 entry. Equity gained on principal adds $2,839/yr, while 5% annual appreciation builds toward $121,536 over five years. Five-year ROI reaches 98.64% and total cumulative return in cash sums $143,847. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,588/mo property income rather than buyer’s personal income.
Single Family
Built in 2008
0.97 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Allen Curtis • C Shane Cook & Associates
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4292402