4120 County Down AveKannapolisNC28081
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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
Investment property for sale in Kannapolis at 4120 County Down Ave, Kannapolis, NC, 28081 with 5% annual appreciation on a $339,620 basis while $2,040/mo rent supports operations. 73% in year one. Equity gained on principal adds $2,192/yr, and five-year appreciation sums $93,831 alongside rental yield of 7.21%. Five-year ROI measures 91.71% and total cumulative return in cash totals $103,255. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,040/mo property income versus a $1,662/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 2024
0.05 Acres lot
$N/A/sqft
$175 monthly HOA
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Nearby investment properties with comparable prices
Listed by: Jimmy McClurg • Meritage Homes of the Carolinas
Mls Name: Canopy MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #4196227
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