450 Contentment CtKannapolisNC28081
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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
Investment Highlights
Rental property for sale in Kannapolis at 450 Contentment Ct, Kannapolis, NC, 28081 offers $1,920/mo rent that, after a $1,787/mo payment. Total monthly income is $1,920/mo. Return on cash invested measures 16.88% in year one, and rental yield stands at 6.31% at a $365,200 entry. Equity gained on principal adds $2,357/yr while 5% annual appreciation compounds into $100,898 by year five. Five-year ROI records 86.49% and total cumulative return in cash reaches $104,710. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,920/mo property income versus a $1,787/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
0.25 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Kaitlynne Carr • CEDAR REALTY LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4280503