3036 State Highway 18 Us #64,Morganton,NC,28655

Investment Highlights

Investment property for sale in Morganton at 3036 State Highway 18 Us #64, Morganton, NC, 28655 listed at $150,000 pairs $1,579/mo rent with a $734/mo payment to leave $665/mo cash flow. Total monthly income runs $1,579/mo, and annual cash flow reaches $7,980/yr on $49,725 cash to close. Return on cash invested measures 35.96% in year one, and rental yield registers 12.63% at a $150,000 basis. Equity gained on principal adds $968/yr, and annual property appreciation at 5% supports $41,442 by year five. Five-year ROI tracks 188.75% and total cumulative return in cash totals $93,858. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,579/mo property income relative to a $734/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).