5872 Fisher Davis Rd,Morganton,NC,28655

Investment Highlights

Investment property for sale in Morganton at 5872 Fisher Davis Rd, Morganton, NC, 28655 listed at $199,000 pairs $1,840/mo rent with a $974/mo payment to leave $627/mo cash flow. Total monthly income runs $1,840/mo, and annual cash flow reaches $7,526/yr on $65,969 cash to close. Return on cash invested measures 31.32% in year one, and rental yield registers 11.1% at a $199,000 basis. Equity gained on principal adds $1,284/yr, and annual property appreciation at 5% supports $54,980 by year five. Five-year ROI tracks 163.94% and total cumulative return in cash totals $108,150. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,840/mo property income relative to a $974/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).