808 Walker 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 808 Walker St, Kannapolis, NC, 28081 earns $214/mo cash flow from $884/mo rent with a $538/mo payment. Total monthly income totals $884/mo, and annual cash flow totals $2,568/yr on $36,465 capital. ROI tracks 26.95% on current figures, and rental yield reads 9.64% at a $110,000 purchase. Equity gained on principal adds $710/yr, and 5% annual appreciation supports $30,391 over five years. Five-year ROI reaches 140.45% and total cumulative return in cash sums $51,216. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $884/mo property income instead of your personal income.
Single Family
Built in 1935
0.17 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Vanessa Miles • Howard Hanna Allen Tate Concord
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4314708