404 Huffman St,Morganton,NC,28655

Investment Highlights

Rental property for sale in Morganton at 404 Huffman St, Morganton, NC, 28655 offers $2,543/mo rent that, after a $1,268/mo payment, leaves $964/mo cash flow. Total monthly income is $2,543/mo, and annual cash flow is $11,570/yr on $85,859 cash. Return on cash invested measures 33.39% in year one, and rental yield stands at 11.78% at a $259,000 entry. Equity gained on principal adds $1,671/yr while 5% annual appreciation compounds into $71,557 by year five. Five-year ROI records 175.02% and total cumulative return in cash reaches $150,268. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,543/mo property income versus a $1,268/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.