5158 Jenkins RdMorgantonNC28655
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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
Investment Highlights
Investment property for sale in Morganton at 5158 Jenkins Rd, Morganton, NC, 28655 offers a 6.55% rental yield on a $397,000 purchase with $2,168/mo rent. 62% in year one. Equity gained on principal adds $2,562/yr while 5% annual appreciation supports $109,684 over five years. Portfolio math shows five-year ROI at 90.43% and total cumulative return in cash at $119,014. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,168/mo property income against a $1,943/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2001
0.64 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Jade Isenhour • Realty Executives of Hickory
Mls Name: Canopy MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #4273419
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