2775 Lamplighter Dr, Kannapolis, NC, 28081 | $345/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
1513 sft

4014 Larkspur Ln, Charlotte, NC, 28205

3 Bed
3 Bath
2436 sft

408 Picasso Trl, Mount Holly, NC, 28120

3 Bed
3 Bath
2161 sft

10149 Meeting House Dr NW, Huntersville, NC, 28078

3 Bed
3 Bath
1549 sft

12623 Levins Hall Rd, Huntersville, NC, 28078

Nearby investment properties with comparable prices

3 Bed
3 Bath
2175 sft

Penwell Plan, Crossroads, Locust, NC, 28097

3 Bed
2 Bath
1804 sft

209 Lilly Pad Dr, Salisbury, NC, 28146

4 Bed
3 Bath
2008 sft

8532 Piccone Brook Ln, Charlotte, NC, 28216

1 Bed
1 Bath
1067 sft

300 W 5th St APT 644, Charlotte, NC, 28202

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in Kannapolis at 2775 Lamplighter Dr, Kannapolis, NC, 28081 generates $3,240/mo in rent and, after a $2,325/mo payment, leaves $345/mo in cash flow. Total monthly income is $3,240/mo, and annual cash flow is $4,140/yr on $157,463 invested. Return on cash invested sits at 22.54% in year one, and rental yield is 8.19% on a $475,000 entry. Equity gained on principal adds $3,065/yr, while 5% annual appreciation builds toward $131,234 over five years. Five-year ROI reaches 116.8% and total cumulative return in cash sums $183,919. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,240/mo property income rather than buyer’s personal income.

Single Family

Built in 1992

0.33 Acres lot

$N/A/sqft

No HOA