2703 Glendale Ave, Kannapolis, NC, 28081 | $707/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 2703 Glendale Ave, Kannapolis, NC, 28081 uses $65,969 cash to close to unlock $8,486/yr annual cash flow and $707/mo monthly cash flow. Total monthly income runs $1,920/mo, and a $974/mo payment keeps the spread at $707/mo. Purchase price stands at $199,000, and rental yield measures 11.58% with $1,920/mo rent. Return on cash invested shows 32.77% in year one, and 5% annual appreciation builds toward $54,980 over five years. Five-year ROI reaches 171.76% and total cumulative return in cash records $113,310. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,920/mo property income covering a $974/mo payment rather than investor’s personal income.

Single Family

Built in 1958

0.40 Acres lot

$N/A/sqft

No HOA