604 Frank StKannapolisNC28081
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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
Investment property for sale in Kannapolis at 604 Frank St, Kannapolis, NC, 28081 at $239,000 posts ROI 25.23% with $351/mo cash flow from $1,808/mo rent. Total monthly income equals $1,808/mo, and annual cash flow records $4,214/yr on $79,229 to close. Return on cash invested measures 25.23% and rental yield reads 9.08% at the current $239,000. Equity gained on principal adds $1,542/yr, and 5% annual appreciation supports $66,031 by year five. Five-year ROI prints 131.3% and total cumulative return in cash totals $104,028.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,808/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1930
0.17 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Joe Pesso • The Pesso Group
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4284976