Hunter Plan, Summerlyn Village : Enclave,Kannapolis,NC,28081

Investment Highlights

Rental property for sale in Kannapolis at Hunter Plan, Summerlyn Village: Enclave, Kannapolis, NC, 28081 offers $3,240/mo rent that, after a $2,389/mo payment, leaves $265/mo cash flow. Total monthly income is $3,240/mo, and annual cash flow is $3,185/yr on $161,772 cash. Return on cash invested measures 21.88% in year one, and rental yield stands at 7.97% at a $487,999 entry. Equity gained on principal adds $3,149/yr while 5% annual appreciation compounds into $134,825 by year five. Five-year ROI records 113.28% and total cumulative return in cash reaches $183,260. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,240/mo property income versus a $2,389/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.