3116 Us Highway 70,Morganton,NC,28655

Investment Highlights

Investment property for sale in Morganton at 3116 Us Highway 70, Morganton, NC, 28655 offers a 11.8% rental yield on a $100,000 purchase with $983/mo rent. Total monthly income registers $983/mo, and a $489/mo payment leaves $374/mo available for distribution. Annual cash flow reaches $4,488/yr on $33,150 to close, and return on cash invested stands at 33.45% in year one. Equity gained on principal adds $645/yr while 5% annual appreciation supports $27,628 over five years. Portfolio math shows five-year ROI at 175.29% and total cumulative return in cash at $58,108. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $983/mo property income against a $489/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.