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.
Compare listings
Compare