2100 Temple StKannapolisNC28081
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 2100 Temple St, Kannapolis, NC, 28081 offers $1,472/mo rent that, after a $979/mo payment, leaves $253/mo cash flow. Total monthly income is $1,472/mo, and annual cash flow is $3,036/yr on $66,300 cash. Return on cash invested measures 24.49% in year one, and rental yield stands at 8.83% at a $199,999 entry. Equity gained on principal adds $1,291/yr while 5% annual appreciation compounds into $55,256 by year five. Five-year ROI records 127.27% and total cumulative return in cash reaches $84,380. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,472/mo property income versus a $979/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
0.70 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Christos Kushell • DW Realty Team Inc
Mls Name: Canopy MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #4200487
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