Prelude Plan, Fisher SpringsKannapolisNC28083
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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
Investment Highlights
Rental property for sale in Kannapolis at Prelude Plan, Fisher Springs, Kannapolis, NC, 28083 priced at $411,900 pairs $2,064/mo rent with after a $2,016/mo payment. Total monthly income equals $2,064/mo. Return on cash invested is 15.99% in year one, and rental yield stands at 6.01% on a $411,900 basis. Equity gained on principal adds $2,658/yr, and 5% annual appreciation accumulates to $113,800 by year five. Five-year ROI measures 81.68% and total cumulative return in cash reaches $111,524. For financing, Ziffy Mortgage’s DSCR program evaluates $2,064/mo property income against a $2,016/mo payment instead of your W2s, 1099s, or Tax returns.
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 |
Housing Distribution
Address Breakdown
Residential
11,166
Single Family
10,997
Multi-Family
169
Businesses
756
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Listed by: N/A • Dream Finders Homes
Mls Name: Dream Finders Homes
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Mls ID: #N/A