1110 Northside StKannapolisNC28081
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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
Investment Highlights
Rental property for sale in Kannapolis at 1110 Northside St, Kannapolis, NC, 28081 generates $2,125/mo in rent and, after a $1,517/mo payment, leaves $236/mo in cash flow. Total monthly income is $2,125/mo, and annual cash flow is $2,832/yr on $102,765 invested. Return on cash invested sits at 22.66% in year one, and rental yield is 8.23% on a $310,000 entry. Equity gained on principal adds $2,000/yr, while 5% annual appreciation builds toward $85,647 over five years. Five-year ROI reaches 117.47% and total cumulative return in cash sums $120,715. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,125/mo property income rather than buyer’s personal income.
Single Family
Built in 2022
0.24 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Jeremy Nord • Howard Hanna Allen Tate Charlotte South
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4317672