4796 Nursery Rd,Morganton,NC,28655

Investment Highlights

Investment property for sale in Morganton at 4796 Nursery Rd, Morganton, NC, 28655 offers a 8.47% rental yield on a $234,700 purchase with $1,657/mo rent. Total monthly income registers $1,657/mo, and a $1,149/mo payment leaves $226/mo available for distribution. Annual cash flow reaches $2,716/yr on $77,803 to close, and return on cash invested stands at 23.4% in year one. Equity gained on principal adds $1,514/yr while 5% annual appreciation supports $64,843 over five years. Portfolio math shows five-year ROI at 121.47% and total cumulative return in cash at $94,506. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,657/mo property income against a $1,149/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.