7447 Us Highway 64 #2, Morganton, NC, 28655 | 5.62% Rental Yield

For Sale

Fix & Flip

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

2 Bed
2 Bath
822 sft

6185 Dekalb Dr, Connelly Springs, NC, 28612

3 Bed
1 Bath
1022 sft

124 Eastside Dr, Forest City, NC, 28043

Investment Property+ 1 more

3 Bed
2 Bath
924 sft

127 Squirrel Hollow Dr, Marion, NC, 28752

3 Bed
2 Bath
864 sft

140 Knob Creek Dr, Belwood, NC, 28090

Nearby investment properties with comparable prices

2 Bed
2 Bath
840 sft

1010 Biggerstaff Loop #10, Nebo, NC, 28761

2 Bed
1 Bath
750 sft

6 Lane St #6, Morganton, NC, 28655

2 Bed
1 Bath
1118 sft

123 Industrial Blvd, Morganton, NC, 28655

2 Bed
2 Bath
1756 sft

273 Georgia St, Spindale, NC, 28160

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in Morganton at 7447 Us Highway 64 #2, Morganton, NC, 28655 generates $983/mo in rent, after a $1,028/mo payment. Total monthly income is $983/mo. Return on cash invested sits at 14.79% in year one, and rental yield is 5.62% on a $210,000 entry. Equity gained on principal adds $1,355/yr, while 5% annual appreciation builds toward $58,019 over five years. Five-year ROI reaches 75.25% and total cumulative return in cash sums $52,384. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $983/mo property income rather than buyer’s personal income.

Manufactured

Built in 1997

1 Acres lot

$N/A/sqft

No HOA