210 Cliffside Dr,Kannapolis,NC,28081

Investment Highlights

Investment property for sale in Kannapolis at 210 Cliffside Dr, Kannapolis, NC, 28081 listed at $334,000 pairs $2,309/mo rent with a $1,635/mo payment to leave $273/mo cash flow. Total monthly income runs $2,309/mo, and annual cash flow reaches $3,278/yr on $110,721 cash to close. Return on cash invested measures 22.87% in year one, and rental yield registers 8.3% at a $334,000 basis. Equity gained on principal adds $2,155/yr, and annual property appreciation at 5% supports $92,278 by year five. Five-year ROI tracks 118.63% and total cumulative return in cash totals $131,346. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,309/mo property income relative to a $1,635/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).