1975 Stratton CtKannapolisNC28081
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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
Rental property for sale in Kannapolis at 1975 Stratton Ct, Kannapolis, NC, 28081 generates $2,332/mo in rent and, after a $1,591/mo payment, leaves $351/mo in cash flow. Total monthly income is $2,332/mo, and annual cash flow is $4,212/yr on $107,738 invested. Return on cash invested sits at 23.82% in year one, and rental yield is 8.61% on a $325,000 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 123.68% and total cumulative return in cash sums $133,249. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,332/mo property income rather than buyer’s personal income.
Single Family
Built in 1992
0.22 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Cindy Ransone • NextHome Paramount
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4314037