3076 Hunters Ridge Ct, Morganton, NC, 28655 | $1,102/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 3076 Hunters Ridge Ct, Morganton, NC, 28655 uses $116,025 cash to close to unlock $13,224/yr annual cash flow and $1,102/mo monthly cash flow. Total monthly income runs $3,235/mo, and a $1,713/mo payment keeps the spread at $1,102/mo. Purchase price stands at $350,000, and rental yield measures 11.09% with $3,235/mo rent. Return on cash invested shows 31.31% in year one, and 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 163.82% and total cumulative return in cash records $190,070. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,235/mo property income covering a $1,713/mo payment rather than investor’s personal income.

Single Family

Built in 1998

0.46 Acres lot

$N/A/sqft

No HOA