Dickenson VE Plan, Bakers Creek : 30' Dream,Kannapolis,NC,28081

Investment Highlights

Investment property for sale in Kannapolis at Dickenson VE Plan, Bakers Creek: 30' Dream, Kannapolis, NC, 28081 at $385,999 posts ROI 28.23% with $888/mo cash flow from $3,240/mo rent. Total monthly income equals $3,240/mo, and annual cash flow records $10,654/yr on $127,959 to close. Return on cash invested measures 28.23% and rental yield reads 10.07% at the current $385,999. Equity gained on principal adds $2,491/yr, and 5% annual appreciation supports $106,644 by year five. Five-year ROI prints 147.36% and total cumulative return in cash totals $188,556.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,240/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).