232 W Park Dr, Morganton, NC, 28655 | 5.83% Rental Yield

For Sale

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

Total monthly income runs $2,376/mo, and a $2,393/mo payment. Purchase price stands at $489,000, and rental yield measures 5.83% with $2,376/mo rent. Return on cash invested shows 15.44% in year one, and 5% annual appreciation builds toward $135,102 over five years. Five-year ROI reaches 78.76% and total cumulative return in cash records $127,678. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,376/mo property income covering a $2,393/mo payment rather than investor’s personal income.

Single Family

Built in 1953

0.73 Acres lot

$N/A/sqft

No HOA