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$225,000
| Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
| 3 |
2.00 |
1,679 |
0 |
1930 |
|
On the market:
3 days
|
View full details, photos, school info, and price history
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: $1,650
Annual income: $19,800
Estimated annual expenses: $3,000 (taxes + insurance)
Net Operating Income: $16,800 annually
Conveniently 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.
Listing courtesy of Mike Morrell, Keller Williams Connected