809 Walker St, Kannapolis, NC, 28081 | $900/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 809 Walker St, Kannapolis, NC, 28081 offers a 10.64% rental yield on a $325,000 purchase with $2,881/mo rent. Total monthly income registers $2,881/mo, and a $1,591/mo payment leaves $900/mo available for distribution. Annual cash flow reaches $10,800/yr on $107,738 to close, and return on cash invested stands at 29.93% in year one. Equity gained on principal adds $2,097/yr while 5% annual appreciation supports $89,792 over five years. Portfolio math shows five-year ROI at 156.46% and total cumulative return in cash at $168,565. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,881/mo property income against a $1,591/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1940

0.26 Acres lot

$N/A/sqft

No HOA