427 Pleasant Ave, Kannapolis, NC, 28081 | $257/mo Cash Flow

For Sale

Currently Rented

Fix & Flip

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 427 Pleasant Ave, Kannapolis, NC, 28081 priced at $175,000 pairs $1,324/mo rent with $257/mo cash flow after a $857/mo payment. Total monthly income equals $1,324/mo, and annual cash flow comes to $3,084/yr on $58,013 invested. Return on cash invested is 25.23% in year one, and rental yield stands at 9.08% on a $175,000 basis. Equity gained on principal adds $1,129/yr, and 5% annual appreciation accumulates to $48,349 by year five. Five-year ROI measures 131.2% and total cumulative return in cash reaches $76,111. For financing, Ziffy Mortgage’s DSCR program evaluates $1,324/mo property income against a $857/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 1930

0.14 Acres lot

$N/A/sqft

No HOA