245 W 18th St, Kannapolis, NC, 28081 | $99/mo Cash Flow

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 245 W 18th St, Kannapolis, NC, 28081 uses $116,688 cash to close to unlock $1,183/yr annual cash flow and $99/mo monthly cash flow. Total monthly income runs $2,244/mo, and a $1,723/mo payment keeps the spread at $99/mo. Purchase price stands at $351,999, and rental yield measures 7.65% with $2,244/mo rent. Return on cash invested shows 20.92% in year one, and 5% annual appreciation builds toward $97,251 over five years. Five-year ROI reaches 108.17% and total cumulative return in cash records $126,221. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,244/mo property income covering a $1,723/mo payment rather than investor’s personal income.

Single Family

Built in 2025

N/A lot

$N/A/sqft

No HOA