3802 Laurel Heights DrMorgantonNC28655
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow3802 Laurel Heights Dr, Morganton, NC, 28655 in Morganton is a top-tier cash-flow asset. At $458,000 it produces $3,817/mo in rent and $1,026/mo in net monthly income, a 10% gross rental yield. The DSCR of 1.85 qualifies for Ziffy Mortgage's DSCR loan without W-2s or U.S. credit history. Annual cash flow: $12,311. Five-year appreciation adds $126,537, driving a total cumulative return of $239,543.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 10% | 6.2% |
| Monthly Cash Flow | $1,026 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $3,817 |
| Total Monthly Debt Service | $2,609 |
| DSCR Ratio | 1.46x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1975
2.25 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
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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
Single Family
Built in 1975
2.25 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Starla Hoke • McCombs & Hoke Real Estate
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4280702