900 Alma Ave,Kannapolis,NC,28081

Investment Highlights

Investment property for sale in Kannapolis at 900 Alma Ave, Kannapolis, NC, 28081 listed at $208,900 pairs $1,793/mo rent with a $1,022/mo payment to leave $520/mo cash flow. Total monthly income runs $1,793/mo, and annual cash flow reaches $6,244/yr on $69,250 cash to close. Return on cash invested measures 28.93% in year one, and rental yield registers 10.3% at a $208,900 basis. Equity gained on principal adds $1,348/yr, and annual property appreciation at 5% supports $57,715 by year five. Five-year ROI tracks 151.13% and total cumulative return in cash totals $104,658. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,793/mo property income relative to a $1,022/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).