1933 Stonewyck Ave,Kannapolis,NC,28081

Investment Highlights

Investment property for sale in Kannapolis at 1933 Stonewyck Ave, Kannapolis, NC, 28081 listed at $374,900 pairs $2,599/mo rent with a $1,835/mo payment to leave $314/mo cash flow. Total monthly income runs $2,599/mo, and annual cash flow reaches $3,769/yr on $124,279 cash to close. Return on cash invested measures 22.94% in year one, and rental yield registers 8.32% at a $374,900 basis. Equity gained on principal adds $2,419/yr, and annual property appreciation at 5% supports $103,578 by year five. Five-year ROI tracks 119.01% and total cumulative return in cash totals $147,907. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,599/mo property income relative to a $1,835/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).