1220 Lombardi St, Kannapolis, NC, 28081 | $379/mo Cash Flow

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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 1220 Lombardi St, Kannapolis, NC, 28081 uses $99,417 cash to close to unlock $4,549/yr annual cash flow and $379/mo monthly cash flow. Total monthly income runs $2,207/mo, and a $1,468/mo payment keeps the spread at $379/mo. Purchase price stands at $299,900, and rental yield measures 8.83% with $2,207/mo rent. Return on cash invested shows 24.49% in year one, and 5% annual appreciation builds toward $82,857 over five years. Five-year ROI reaches 127.3% and total cumulative return in cash records $126,556. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,207/mo property income covering a $1,468/mo payment rather than investor’s personal income.

Single Family

Built in 2018

0.18 Acres lot

$N/A/sqft

No HOA