309 Salem Rd, Morganton, NC, 28655 | $31/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 309 Salem Rd, Morganton, NC, 28655 earns $31/mo cash flow from $1,798/mo rent with a $1,419/mo payment. Total monthly income totals $1,798/mo, and annual cash flow totals $372/yr on $96,135 capital. ROI tracks 20.3% on current figures, and rental yield reads 7.44% at a $290,000 purchase. Equity gained on principal adds $1,871/yr, and 5% annual appreciation supports $80,122 over five years. Five-year ROI reaches 104.77% and total cumulative return in cash sums $100,720. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,798/mo property income instead of your personal income.

Single Family

Built in 1963

0.45 Acres lot

$N/A/sqft

No HOA