1711 W C St,Kannapolis,NC,28081

Investment Highlights

Investment property for sale in Kannapolis at 1711 W C St, Kannapolis, NC, 28081 listed at $150,000 pairs $1,188/mo rent with a $734/mo payment to leave $274/mo cash flow. Total monthly income runs $1,188/mo, and annual cash flow reaches $3,288/yr on $49,725 cash to close. Return on cash invested measures 26.52% in year one, and rental yield registers 9.5% at a $150,000 basis. Equity gained on principal adds $968/yr, and annual property appreciation at 5% supports $41,442 by year five. Five-year ROI tracks 138.17% and total cumulative return in cash totals $68,706. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,188/mo property income relative to a $734/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).