3075 Lin Oaks PlKannapolisNC28081
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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
Investment Highlights
Investment property for sale in Kannapolis at 3075 Lin Oaks Pl, Kannapolis, NC, 28081 offers a 3.09% rental yield on a $1,200,000 purchase with $3,095/mo rent. 35% in year one. Equity gained on principal adds $7,743/yr while 5% annual appreciation supports $331,538 over five years. Portfolio math shows five-year ROI at 35.27% and total cumulative return in cash at $137,123. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,095/mo property income against a $5,873/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1831
11 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Richard Potts • Richard & Associates LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4311765