406 Alpine St, Kannapolis, NC, 28081 | $124/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 406 Alpine St, Kannapolis, NC, 28081 priced at $349,900 pairs $2,257/mo rent with $124/mo cash flow after a $1,713/mo payment. Total monthly income equals $2,257/mo, and annual cash flow comes to $1,489/yr on $115,992 invested. Return on cash invested is 21.19% in year one, and rental yield stands at 7.74% on a $349,900 basis. Equity gained on principal adds $2,258/yr, and 5% annual appreciation accumulates to $96,671 by year five. Five-year ROI measures 109.64% and total cumulative return in cash reaches $127,170. For financing, Ziffy Mortgage’s DSCR program evaluates $2,257/mo property income against a $1,713/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 1941

0.86 Acres lot

$N/A/sqft

No HOA