1119 Mason StKannapolisNC28081
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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
Investment property for sale in Kannapolis at 1119 Mason St, Kannapolis, NC, 28081 at $150,000 posts ROI 39.72% with $821/mo cash flow from $1,747/mo rent. Total monthly income equals $1,747/mo, and annual cash flow records $9,850/yr on $49,725 to close. Return on cash invested measures 39.72% and rental yield reads 13.98% at the current $150,000. Equity gained on principal adds $968/yr, and 5% annual appreciation supports $41,442 by year five. Five-year ROI prints 209.05% and total cumulative return in cash totals $103,950.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,747/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1935
0.66 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Meredith Christy • Meredith Christy Real Estate
Mls Name: Canopy MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #4196754
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