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

Investment Highlights

Rental property for sale in Kannapolis at Westbury Plan, Summerlyn Village: Enclave, Kannapolis, NC, 28081 generates $3,240/mo in rent and, after a $2,134/mo payment, leaves $583/mo in cash flow. Total monthly income is $3,240/mo, and annual cash flow is $6,994/yr on $144,534 invested. Return on cash invested sits at 24.75% in year one, and rental yield is 8.92% on a $435,999 entry. Equity gained on principal adds $2,813/yr, while 5% annual appreciation builds toward $120,458 over five years. Five-year ROI reaches 128.66% and total cumulative return in cash sums $185,954. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,240/mo property income rather than buyer’s personal income.