Wayfare Plan, Fisher SpringsKannapolisNC28083
Nearby investment properties with comparable rents
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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
Investment property for sale in Kannapolis at Wayfare Plan, Fisher Springs, Kannapolis, NC, 28083 earns $329/mo cash flow from $2,742/mo rent with a $1,938/mo payment. Total monthly income totals $2,742/mo, and annual cash flow totals $3,947/yr on $131,241 capital. ROI tracks 22.92% on current figures, and rental yield reads 8.31% at a $395,900 purchase. Equity gained on principal adds $2,555/yr, and 5% annual appreciation supports $109,380 over five years. Five-year ROI reaches 118.84% and total cumulative return in cash sums $155,965. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,742/mo property income instead of your personal income.
Single Family
Built in 2026
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