533 Copes CtKannapolisNC28081
Nearby investment properties with comparable rents
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
Rental property for sale in Kannapolis at 533 Copes Ct, Kannapolis, NC, 28081 priced at $354,900 converts $3,240/mo rent into $1,042/mo cash flow after a $1,737/mo obligation. Total monthly income equals $3,240/mo, and annual cash flow totals $12,500/yr on $117,649 invested. Return on cash invested prints 30.53% in year one, and rental yield reads 10.96% against a $354,900 entry. Equity gained on principal adds $2,290/yr, while 5% annual appreciation compiles into $98,052 by year five. Five-year ROI reaches 159.82% and total cumulative return in cash sums $188,032. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,240/mo property income covering a $1,737/mo payment, not borrower’s personal income.
Single Family
Built in 2022
0.10 Acres lot
$N/A/sqft
$425 annually HOA
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Nearby investment properties with comparable prices
Listed by: Gregory Bracht • Lake and Village Realty LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #4202091
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