119 Hemlock Ave, Kannapolis, NC, 28081 | $252/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 119 Hemlock Ave, Kannapolis, NC, 28081 uses $49,725 cash to close to unlock $3,024/yr annual cash flow and $252/mo monthly cash flow. Total monthly income runs $1,166/mo, and a $734/mo payment keeps the spread at $252/mo. Purchase price stands at $149,999, and rental yield measures 9.33% with $1,166/mo rent. Return on cash invested shows 25.99% in year one, and 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 135.32% and total cumulative return in cash records $67,290. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,166/mo property income covering a $734/mo payment rather than investor’s personal income.

Single Family

Built in 1930

0.21 Acres lot

$N/A/sqft

No HOA