103 Crescent St, Kannapolis, NC, 28081 | $346/mo Cash Flow

For Sale

Ziffy Mortgage

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

Investment property for sale in Kannapolis at 103 Crescent St, Kannapolis, NC, 28081 uses $71,935 cash to close to unlock $4,147/yr annual cash flow and $346/mo monthly cash flow. Total monthly income runs $1,668/mo, and a $1,062/mo payment keeps the spread at $346/mo. Purchase price stands at $216,999, and rental yield measures 9.22% with $1,668/mo rent. Return on cash invested shows 25.67% in year one, and 5% annual appreciation builds toward $59,953 over five years. Five-year ROI reaches 133.64% and total cumulative return in cash records $96,137. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,668/mo property income covering a $1,062/mo payment rather than investor’s personal income.

Single Family

Built in 1940

0.30 Acres lot

$N/A/sqft

No HOA