806 Margate Ave, Kannapolis, NC, 28081 | $269/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 806 Margate Ave, Kannapolis, NC, 28081 at $155,000 posts ROI 26.19% with $269/mo cash flow from $1,214/mo rent. Total monthly income equals $1,214/mo, and annual cash flow records $3,228/yr on $51,383 to close. Return on cash invested measures 26.19% and rental yield reads 9.4% at the current $155,000. Equity gained on principal adds $1,000/yr, and 5% annual appreciation supports $42,824 by year five. Five-year ROI prints 136.37% and total cumulative return in cash totals $70,072.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,214/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

Single Family

Built in 1925

0.34 Acres lot

$N/A/sqft

No HOA