825 Margate Ave, Kannapolis, NC, 28081 | $361/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

2 Bed
1 Bath
750 sft

2120 Vanderbilt Rd, Charlotte, NC, 28206

2 Bed
1 Bath
1159 sft

203 Allen St, Kannapolis, NC, 28083

2 Bed
1 Bath
1092 sft

1006 N Ridge Ave, Kannapolis, NC, 28083

2 Bed
1 Bath
1293 sft

207 Kerr St NW, Concord, NC, 28025

Nearby investment properties with comparable prices

2 Bed
2 Bath
1200 sft

10518 Hill Point Ct, Charlotte, NC, 28262

3 Bed
2 Bath
1620 sft

302 Edwards Rd, Mooresville, NC, 28115

2 Bed
1 Bath
1056 sft

54 Walnut St, China Grove, NC, 28023

3 Bed
2 Bath
1203 sft

9432D Lexington Cir, Charlotte, NC, 28213

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in Kannapolis at 825 Margate Ave, Kannapolis, NC, 28081 priced at $220,000 converts $1,702/mo rent into $361/mo cash flow after a $1,077/mo obligation. Total monthly income equals $1,702/mo, and annual cash flow totals $4,332/yr on $72,930 invested. Return on cash invested prints 25.85% in year one, and rental yield reads 9.28% against a $220,000 entry. Equity gained on principal adds $1,420/yr, while 5% annual appreciation compiles into $60,782 by year five. Five-year ROI reaches 134.56% and total cumulative return in cash sums $98,135. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,702/mo property income covering a $1,077/mo payment, not borrower’s personal income.

Single Family

Built in 1930

0.13 Acres lot

$N/A/sqft

No HOA