302 White St, Morganton, NC, 28655 | $382/mo Cash Flow

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

Investment property for sale in Morganton at 302 White St, Morganton, NC, 28655 at $384,900 posts ROI 23.5% with $382/mo cash flow from $2,728/mo rent. Total monthly income equals $2,728/mo, and annual cash flow records $4,585/yr on $127,594 to close. Return on cash invested measures 23.5% and rental yield reads 8.51% at the current $384,900. Equity gained on principal adds $2,484/yr, and 5% annual appreciation supports $106,341 by year five. Five-year ROI prints 122.01% and total cumulative return in cash totals $155,679.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,728/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

Single Family

Built in 1912

0.28 Acres lot

$N/A/sqft

No HOA