Fantastic investment opportunity priced well below market value! This fully leased, recently renovated ranch in Kannapolis is a true turnkey rental, ideal for investors seeking immediate cash flow.The home features recent updates including new appliances and offers a functional, single-level layout that appeals to long-term tenants. Currently occupied by a great tenant, this property provides stable, reliable income from day one.Strong financials make this an attractive addition to any portfolio:Monthly rent: $1,650Annual income: $19,800Estimated annual expenses: $3,000 (taxes + insurance)Net Operating Income: $16,800 annuallyConveniently located near shopping, dining, and everyday essentials, the property combines investor-friendly numbers with a location tenants love.A solid, low-maintenance opportunity with immediate returns in a growing area?don't miss it! Agents, please read agent remarks for showing process.
Listed By
Agency Name: Keller Williams Connected
Agency Contact: mike@dreamteamunited.com
Shown By
Agency Title: Lake Norman Realty
Agency Phone: 704-450-1175
Estimated Payment
$ 1,263.17 per month $1,197.54 Principal & Interest $0.00 Property Tax (data not provided by mls) $65.63 Homeowner's InsuranceIf you're searching for your next home, or just curious about the market there is no better tool to help you quickly find homes that meet your needs and wants.
2909 Glendale Avenue | MLS# 4365245
This single family home located at 2909 Glendale Avenue , Kannapolis, NC 28081 is currently listed for sale with an asking price of $225,000. This property was built in 1930 and has 3 bedrooms and 2 full baths with 1679 sq. ft. Search Kannapolis real estate on www.lakenormanrealty.com today.