5820 Granbury Dr,Kannapolis,NC,28081

Investment Highlights

Investment property for sale in Kannapolis at 5820 Granbury Dr, Kannapolis, NC, 28081 listed at $274,990 pairs $2,040/mo rent with a $1,346/mo payment to leave $364/mo cash flow. Total monthly income runs $2,040/mo, and annual cash flow reaches $4,368/yr on $91,159 cash to close. Return on cash invested measures 24.7% in year one, and rental yield registers 8.9% at a $274,990 basis. Equity gained on principal adds $1,774/yr, and annual property appreciation at 5% supports $75,975 by year five. Five-year ROI tracks 128.46% and total cumulative return in cash totals $117,104. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,040/mo property income relative to a $1,346/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).