5291 New Haven Cir, Morganton, NC, 28655 | $946/mo Cash Flow

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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

Rental property for sale in Morganton at 5291 New Haven Cir, Morganton, NC, 28655 offers $1,586/mo rent that, after a $514/mo payment, leaves $946/mo cash flow. Total monthly income is $1,586/mo, and annual cash flow is $11,352/yr on $34,808 cash. Return on cash invested measures 52.52% in year one, and rental yield stands at 18.13% at a $105,000 entry. Equity gained on principal adds $678/yr while 5% annual appreciation compounds into $29,010 by year five. Five-year ROI records 277.6% and total cumulative return in cash reaches $96,626. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,586/mo property income versus a $514/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Manufactured

Built in 1993

1.01 Acres lot

$N/A/sqft

No HOA