2003 Plaza Ave, Kannapolis, NC, 28081 | 6.04% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Kannapolis at 2003 Plaza Ave, Kannapolis, NC, 28081 listed at $388,000 pairs $1,952/mo rent with a $1,899/mo payment. Total monthly income runs $1,952/mo. Return on cash invested measures 16.06% in year one, and rental yield registers 6.04% at a $388,000 basis. Equity gained on principal adds $2,504/yr, and annual property appreciation at 5% supports $107,197 by year five. Five-year ROI tracks 82.09% and total cumulative return in cash totals $105,580. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,952/mo property income relative to a $1,899/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1951

0.35 Acres lot

$N/A/sqft

No HOA