920 Hoke St, Kannapolis, NC, 28081 | $588/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

Investment property for sale in Kannapolis at 920 Hoke St, Kannapolis, NC, 28081 uses $87,848 cash to close to unlock $7,056/yr annual cash flow and $588/mo monthly cash flow. Total monthly income runs $2,203/mo, and a $1,297/mo payment keeps the spread at $588/mo. Purchase price stands at $265,000, and rental yield measures 9.98% with $2,203/mo rent. Return on cash invested shows 27.94% in year one, and 5% annual appreciation builds toward $73,215 over five years. Five-year ROI reaches 145.78% and total cumulative return in cash records $128,067. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,203/mo property income covering a $1,297/mo payment rather than investor’s personal income.

Single Family

Built in 2016

0.22 Acres lot

$N/A/sqft

No HOA