405 Westover Ave, Kannapolis, NC, 28081 | $524/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Kannapolis at 405 Westover Ave, Kannapolis, NC, 28081 priced at $185,000 converts $1,651/mo rent into $524/mo cash flow after a $905/mo obligation. Total monthly income equals $1,651/mo, and annual cash flow totals $6,288/yr on $61,328 invested. Return on cash invested prints 30.16% in year one, and rental yield reads 10.71% against a $185,000 entry. Equity gained on principal adds $1,194/yr, while 5% annual appreciation compiles into $51,112 by year five. Five-year ROI reaches 157.7% and total cumulative return in cash sums $96,711. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,651/mo property income covering a $905/mo payment, not borrower’s personal income.

Single Family

Built in 1940

0.28 Acres lot

$N/A/sqft

No HOA