312 Causby Rd, Morganton, NC, 28655 | $379/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 312 Causby Rd, Morganton, NC, 28655 with 5% annual appreciation on a $199,900 basis while $1,597/mo rent supports operations. Total monthly income totals $1,597/mo and a $978/mo payment preserves $379/mo for cash returns. Annual cash flow comes to $4,549/yr on $66,267 deployed, and return on cash invested reaches 26.77% in year one. Equity gained on principal adds $1,290/yr, and five-year appreciation sums $55,229 alongside rental yield of 9.59%. Five-year ROI measures 139.62% and total cumulative return in cash totals $92,521.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,597/mo property income versus a $978/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 1957

0.60 Acres lot

$N/A/sqft

No HOA