108 Hemlock Ave, Kannapolis, NC, 28081 | $153/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

Rental property for sale in Kannapolis at 108 Hemlock Ave, Kannapolis, NC, 28081 offers $1,920/mo rent that, after a $1,419/mo payment, leaves $153/mo cash flow. Total monthly income is $1,920/mo, and annual cash flow is $1,837/yr on $96,102 cash. Return on cash invested measures 21.82% in year one, and rental yield stands at 7.95% at a $289,900 entry. Equity gained on principal adds $1,871/yr while 5% annual appreciation compounds into $80,094 by year five. Five-year ROI records 113.01% and total cumulative return in cash reaches $108,609. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,920/mo property income versus a $1,419/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1950

0.17 Acres lot

$N/A/sqft

No HOA