310 W 18th 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 310 W 18th St, Kannapolis, NC, 28081 generates $3,276/mo in rent and, after a $1,919/mo payment, leaves $887/mo in cash flow. Total monthly income is $3,276/mo, and annual cash flow is $10,639/yr on $129,948 invested. Return on cash invested sits at 28.1% in year one, and rental yield is 10.03% on a $391,999 entry. Equity gained on principal adds $2,530/yr, while 5% annual appreciation builds toward $108,302 over five years. Five-year ROI reaches 146.63% and total cumulative return in cash sums $190,536. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,276/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
0.12 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Cheryl Pierce • Lennar Sales Corp
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4331727