1700 Oakwood Ave,Kannapolis,NC,28081

Investment Highlights

Investment property for sale in Kannapolis at 1700 Oakwood Ave, Kannapolis, NC, 28081 offers a 7.87% rental yield on a $274,900 purchase with $1,804/mo rent. Total monthly income registers $1,804/mo, and a $1,346/mo payment leaves $129/mo available for distribution. Annual cash flow reaches $1,549/yr on $91,129 to close, and return on cash invested stands at 21.61% in year one. Equity gained on principal adds $1,774/yr while 5% annual appreciation supports $75,950 over five years. Portfolio math shows five-year ROI at 111.87% and total cumulative return in cash at $101,943. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,804/mo property income against a $1,346/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.