Harper Plan, Peacewood, Kannapolis, NC, 28081 | $1,010/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

Rental property for sale in Kannapolis at Harper Plan, Peacewood, Kannapolis, NC, 28081 priced at $352,900 converts $3,240/mo rent into $1,010/mo cash flow after a $1,727/mo obligation. Total monthly income equals $3,240/mo, and annual cash flow totals $12,114/yr on $116,986 invested. Return on cash invested prints 30.26% in year one, and rental yield reads 11.02% against a $352,900 entry. Equity gained on principal adds $2,277/yr, while 5% annual appreciation compiles into $97,500 by year five. Five-year ROI reaches 158.55% and total cumulative return in cash sums $185,484. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,240/mo property income covering a $1,727/mo payment, not borrower’s personal income.

Single Family

Built in 2025

N/A lot

$N/A/sqft

$80 monthly HOA