1389 Kison Ct NWConcordNC28027
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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
Investment property for sale in Concord at 1389 Kison Ct NW, Concord, NC, 28027 uses $112,710 cash to close to unlock $3,899/yr annual cash flow and $325/mo monthly cash flow. Total monthly income runs $2,404/mo, and a $1,664/mo payment keeps the spread at $325/mo. Purchase price stands at $340,000, and rental yield measures 8.48% with $2,404/mo rent. Return on cash invested shows 23.37% in year one, and 5% annual appreciation builds toward $93,936 over five years. Five-year ROI reaches 121.28% and total cumulative return in cash records $136,698. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,404/mo property income covering a $1,664/mo payment rather than investor’s personal income.
Single Family
Built in 2006
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28027, Concord, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 34,521 (100%) |
| Owner Occupied HU | 20,561 (59.6%) |
| Renter Occupied HU | 12,306 (35.6%) |
| Vacant Housing Units | 1,654 ( 4.8%) |
| Median Home Value | $407,377 |
| Average Home Value | $451,720 |
Housing Distribution
Address Breakdown
Residential
32,011
Single Family
28,282
Multi-Family
3,729
Businesses
2,407
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Listed by: Leo Murphy • Movil Realty
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10122112
Disclaimer: The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS. Copyright 2025 Doorify MLS of North Carolina. All rights reserved.