5772 Knox Ln,Kannapolis,NC,28081

Investment Highlights

Rental property for sale in Kannapolis at 5772 Knox Ln, Kannapolis, NC, 28081 generates $2,040/mo in rent and, after a $1,372/mo payment, leaves $332/mo in cash flow. Total monthly income is $2,040/mo, and annual cash flow is $3,980/yr on $92,919 invested. Return on cash invested sits at 24.19% in year one, and rental yield is 8.73% on a $280,300 entry. Equity gained on principal adds $1,809/yr, while 5% annual appreciation builds toward $77,442 over five years. Five-year ROI reaches 125.69% and total cumulative return in cash sums $116,791. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,040/mo property income rather than buyer’s personal income.