2705 Us Highway 70 W,Morganton,NC,28655

Investment Highlights

Investment property for sale in Morganton at 2705 Us Highway 70 W, Morganton, NC, 28655 listed at $315,000 pairs $2,140/mo rent with a $1,542/mo payment to leave $220/mo cash flow. Total monthly income runs $2,140/mo, and annual cash flow reaches $2,640/yr on $104,423 cash to close. Return on cash invested measures 22.44% in year one, and rental yield registers 8.15% at a $315,000 basis. Equity gained on principal adds $2,033/yr, and annual property appreciation at 5% supports $87,029 by year five. Five-year ROI tracks 116.27% and total cumulative return in cash totals $121,409. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,140/mo property income relative to a $1,542/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).