5010 Athens St, Kannapolis, NC, 28081 | $413/mo Cash Flow

For Sale

Listed for sale 1 day ago

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

Investment property for sale in Kannapolis at 5010 Athens St, Kannapolis, NC, 28081 offers a 9.3% rental yield on a $249,999 purchase with $1,937/mo rent. Total monthly income registers $1,937/mo, and a $1,224/mo payment leaves $413/mo available for distribution. Annual cash flow reaches $4,956/yr on $82,875 to close, and return on cash invested stands at 25.89% in year one. Equity gained on principal adds $1,613/yr while 5% annual appreciation supports $69,070 over five years. Portfolio math shows five-year ROI at 134.79% and total cumulative return in cash at $111,706. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,937/mo property income against a $1,224/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1940

0.34 Acres lot

$N/A/sqft

No HOA