3820 Shider LnKannapolisNC28081
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 3820 Shider Ln, Kannapolis, NC, 28081 offers $2,279/mo rent that, after a $1,589/mo payment, leaves $111/mo cash flow. Total monthly income is $2,279/mo, and annual cash flow is $1,336/yr on $107,655 cash. Return on cash invested measures 21.15% in year one, and rental yield stands at 8.42% at a $324,750 entry. Equity gained on principal adds $2,096/yr while 5% annual appreciation compounds into $89,722 by year five. Five-year ROI records 110.16% and total cumulative return in cash reaches $118,590. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,279/mo property income versus a $1,589/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 2023
0.05 Acres lot
$N/A/sqft
$189 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Patricia Masten • Coldwell Banker Realty
Mls Name: Canopy MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #4153522
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