911 N Walnut St,Kannapolis,NC,28081

Investment Highlights

Investment property for sale in Kannapolis at 911 N Walnut St, Kannapolis, NC, 28081 offers a 8.24% rental yield on a $260,000 purchase with $1,786/mo rent. Total monthly income registers $1,786/mo, and a $1,273/mo payment leaves $201/mo available for distribution. Annual cash flow reaches $2,412/yr on $86,190 to close, and return on cash invested stands at 22.71% in year one. Equity gained on principal adds $1,678/yr while 5% annual appreciation supports $71,833 over five years. Portfolio math shows five-year ROI at 117.71% and total cumulative return in cash at $101,453. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,786/mo property income against a $1,273/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.