6467 Us Highway 64 #23MorgantonNC28655
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Nearby investment properties with comparable prices
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
Rental property for sale in Morganton at 6467 Us Highway 64 #23, Morganton, NC, 28655 generates $2,996/mo in rent, after a $3,911/mo payment. Total monthly income is $2,996/mo. Return on cash invested sits at 11.51% in year one, and rental yield is 4.5% on a $799,000 entry. Equity gained on principal adds $5,156/yr, while 5% annual appreciation builds toward $220,749 over five years. Five-year ROI reaches 57.63% and total cumulative return in cash sums $151,506. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,996/mo property income rather than buyer’s personal income.
Single Family
Built in 2018
21.63 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Greg Shuffler • Fonta Flora Realty
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4295897