2991 Corpening Chapel Rd, Morganton, NC, 28655 | $139/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
1404 sft

72 Northwoods Est, Nebo, NC, 28761

2 Bed
1 Bath
1255 sft

404 Laurel St NE, Valdese, NC, 28690

- Bed
1 Bath
400 sft

40 Fish Camp Circle, Newland, NC, 28657

2 Bed
1 Bath
912 sft

4913 Friendly Dr, Granite Falls, NC, 28630

Nearby investment properties with comparable prices

3 Bed
2 Bath
1040 sft

151 Sunny St, Marion, NC, 28752

2 Bed
3 Bath
1473 sft

1028 Greer St, Granite Falls, NC, 28630

2 Bed
1 Bath
880 sft

7610 Linville Falls Highway, Newland, NC, 28657

2 Bed
2 Bath
1404 sft

100 Carswell St, Valdese, NC, 28690

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

Rental property for sale in Morganton at 2991 Corpening Chapel Rd, Morganton, NC, 28655 generates $1,662/mo in rent and, after a $1,223/mo payment, leaves $139/mo in cash flow. Total monthly income is $1,662/mo, and annual cash flow is $1,669/yr on $82,842 invested. Return on cash invested sits at 21.92% in year one, and rental yield is 7.98% on a $249,900 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 113.57% and total cumulative return in cash sums $94,082. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,662/mo property income rather than buyer’s personal income.

Single Family

Built in 1965

0.96 Acres lot

$N/A/sqft

No HOA