913 Klondale Ave, Kannapolis, NC, 28081 | $402/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

4 Bed
3 Bath
2900 sft

7465 Jones Rd, Salisbury, NC, 28147

4 Bed
3 Bath
3026 sft

701 S Fulton St, Salisbury, NC, 28144

3 Bed
2 Bath
1222 sft

947 Ravendale Dr, Charlotte, NC, 28216

3 Bed
2 Bath
1086 sft

937 Cedar St, Salisbury, NC, 28144

Nearby investment properties with comparable prices

3 Bed
2 Bath
1071 sft

11015 Olde English Dr, Charlotte, NC, 28216

2 Bed
2 Bath
1010 sft

137 N Magnolia St, Mooresville, NC, 28115

Investment Property+ 2 more

3 Bed
3 Bath
1382 sft

3201 Blythe Ridge Ct, Charlotte, NC, 28213

2 Bed
2 Bath
1035 sft

6730 Mallard Park Dr, Charlotte, NC, 28262

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

Investment property for sale in Kannapolis at 913 Klondale Ave, Kannapolis, NC, 28081 earns $402/mo cash flow from $2,230/mo rent with a $1,468/mo payment. Total monthly income totals $2,230/mo, and annual cash flow totals $4,824/yr on $99,450 capital. ROI tracks 24.76% on current figures, and rental yield reads 8.92% at a $300,000 purchase. Equity gained on principal adds $1,936/yr, and 5% annual appreciation supports $82,884 over five years. Five-year ROI reaches 128.71% and total cumulative return in cash sums $128,004. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,230/mo property income instead of your personal income.

Single Family

Built in 1950

0.24 Acres lot

$N/A/sqft

No HOA