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

Investment Highlights

Investment property for sale in Kannapolis at Sweetbay Plan, Summerlyn Village: Enclave, Kannapolis, NC, 28081 earns $486/mo cash flow from $3,240/mo rent with a $2,212/mo payment. Total monthly income totals $3,240/mo, and annual cash flow totals $5,827/yr on $149,838 capital. ROI tracks 23.8% on current figures, and rental yield reads 8.6% at a $451,999 purchase. Equity gained on principal adds $2,917/yr, and 5% annual appreciation supports $124,879 over five years. Five-year ROI reaches 123.57% and total cumulative return in cash sums $185,157. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,240/mo property income instead of your personal income.