Sycamore Plan, Peacewood,Kannapolis,NC,28081

Investment Highlights

Rental property for sale in Kannapolis at Sycamore Plan, Peacewood, Kannapolis, NC, 28081 offers $2,438/mo rent that, after a $1,776/mo payment, leaves $177/mo cash flow. Total monthly income is $2,438/mo, and annual cash flow is $2,118/yr on $120,301 cash. Return on cash invested measures 21.67% in year one, and rental yield stands at 8.06% at a $362,900 entry. Equity gained on principal adds $2,342/yr while 5% annual appreciation compounds into $100,263 by year five. Five-year ROI records 112.35% and total cumulative return in cash reaches $135,164. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,438/mo property income versus a $1,776/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.