6840 N Turner Dr, Kannapolis, NC, 28081 | $330/mo Cash Flow

For Sale

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 6840 N Turner Dr, Kannapolis, NC, 28081 uses $59,670 cash to close to unlock $3,960/yr annual cash flow and $330/mo monthly cash flow. Total monthly income runs $1,427/mo, and a $881/mo payment keeps the spread at $330/mo. Purchase price stands at $180,000, and rental yield measures 9.51% with $1,427/mo rent. Return on cash invested shows 26.55% in year one, and 5% annual appreciation builds toward $49,731 over five years. Five-year ROI reaches 138.31% and total cumulative return in cash records $82,529. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,427/mo property income covering a $881/mo payment rather than investor’s personal income.

Manufactured

Built in 1983

0.46 Acres lot

$N/A/sqft

No HOA