Declan Plan, Elizabeth Oaks, Kannapolis, NC, 28083 | 7.1% Rental Yield

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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

Total monthly income runs $2,282/mo, and a $1,889/mo payment. Purchase price stands at $385,900, and rental yield measures 7.1% with $2,282/mo rent. Return on cash invested shows 19.25% in year one, and 5% annual appreciation builds toward $106,617 over five years. Five-year ROI reaches 99.19% and total cumulative return in cash records $126,893. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,282/mo property income covering a $1,889/mo payment rather than investor’s personal income.

Single Family

Built in 2025

N/A lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 28083, Kannapolis, NC area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	11,772 (100%)
Owner Occupied HU	6,682 (56.8%)
Renter Occupied HU	4,231 (35.9%)
Vacant Housing Units	859 ( 7.3%)
Median Home Value	$238,551
Average Home Value	$299,940