905 W 8th St, Kannapolis, NC, 28081 | $59/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

Rental property for sale in Kannapolis at 905 W 8th St, Kannapolis, NC, 28081 generates $1,583/mo in rent and, after a $1,224/mo payment, leaves $59/mo in cash flow. Total monthly income is $1,583/mo, and annual cash flow is $708/yr on $82,875 invested. Return on cash invested sits at 20.76% in year one, and rental yield is 7.6% on a $250,000 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 107.29% and total cumulative return in cash sums $88,918. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,583/mo property income rather than buyer’s personal income.

Single Family

Built in 1933

0.36 Acres lot

$N/A/sqft

No HOA