3933 Longmore Ln,Kannapolis,NC,28081

Investment Highlights

Rental property for sale in Kannapolis at 3933 Longmore Ln, Kannapolis, NC, 28081 generates $2,909/mo in rent and, after a $2,324/mo payment, leaves $15/mo in cash flow. Total monthly income is $2,909/mo, and annual cash flow is $181/yr on $157,429 invested. Return on cash invested sits at 20.02% in year one, and rental yield is 7.35% on a $474,900 entry. Equity gained on principal adds $3,064/yr, while 5% annual appreciation builds toward $131,206 over five years. Five-year ROI reaches 103.35% and total cumulative return in cash sums $162,707. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,909/mo property income rather than buyer’s personal income.