2374 Genes Loop, Morganton, NC, 28655 | $793/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
1484 sft

170 Lake Mountain View Dr, Marion, NC, 28752

3 Bed
2 Bath
1494 sft

4949 Southview Dr, Hickory, NC, 28602

3 Bed
2 Bath
1948 sft

322 4th St SW, Hickory, NC, 28602

3 Bed
2 Bath
1344 sft

2807 Hollybrook Ln, Morganton, NC, 28655

Nearby investment properties with comparable prices

3 Bed
2 Bath
1680 sft

4734 Ike Starnes Rd, Granite Falls, NC, 28630

3 Bed
2 Bath
1606 sft

3042 Lynn Mountain Rd, Vale, NC, 28168

3 Bed
2 Bath
1314 sft

3820 Laurelwood Rd, Morganton, NC, 28655

3 Bed
2 Bath
1144 sft

3719 Calico Rd, Lenoir, NC, 28645

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Morganton at 2374 Genes Loop, Morganton, NC, 28655 offers a 10.39% rental yield on a $309,900 purchase with $2,682/mo rent. Total monthly income registers $2,682/mo, and a $1,517/mo payment leaves $793/mo available for distribution. Annual cash flow reaches $9,517/yr on $102,732 to close, and return on cash invested stands at 29.17% in year one. Equity gained on principal adds $2,000/yr while 5% annual appreciation supports $85,620 over five years. Portfolio math shows five-year ROI at 152.45% and total cumulative return in cash at $156,612. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,682/mo property income against a $1,517/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 2018

0.51 Acres lot

$N/A/sqft

No HOA