Sierra Plan, Hedgecliff TownesKannapolisNC28083
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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
Total monthly income runs $1,919/mo, and a $1,659/mo payment. Purchase price stands at $338,990, and rental yield measures 6.79% with $1,919/mo rent. Return on cash invested shows 18.34% in year one, and 5% annual appreciation builds toward $93,657 over five years. Five-year ROI reaches 94.35% and total cumulative return in cash records $106,021. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,919/mo property income covering a $1,659/mo payment rather than investor’s personal income.
Townhouse
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 • Mattamy Homes
Mls Name: Mattamy Homes
Mls ID: #N/A