807 Klondale AveKannapolisNC28081
Nearby investment properties with comparable rents
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
Rental property for sale in Kannapolis at 807 Klondale Ave, Kannapolis, NC, 28081 priced at $210,000 pairs $1,636/mo rent with $346/mo cash flow after a $1,028/mo payment. Total monthly income equals $1,636/mo, and annual cash flow comes to $4,156/yr on $69,615 invested. Return on cash invested is 25.88% in year one, and rental yield stands at 9.35% on a $210,000 basis. Equity gained on principal adds $1,355/yr, and 5% annual appreciation accumulates to $58,019 by year five. Five-year ROI measures 134.84% and total cumulative return in cash reaches $93,868. For financing, Ziffy Mortgage’s DSCR program evaluates $1,636/mo property income against a $1,028/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1938
0.17 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Amir Habet • Keller Williams South Park
Mls Name: Canopy MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #4192957
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