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.
Property Type(s):
Single Family
|
Tract
|
None
|
Year Built
|
1930
|
|
Community
|
None
|
Garage Spaces
|
2.0
|
|
County
|
Rowan
|
SCHOOLS
| Elementary School |
Unspecified |
| Jr. High School |
Unspecified |
| High School |
Unspecified |
Additional Details
| AIR |
Central Air |
| AIR CONDITIONING |
Yes |
| APPLIANCES |
Microwave, Oven, Refrigerator |
| BASEMENT |
Crawl Space |
| CONSTRUCTION |
Stone |
| GARAGE |
Yes |
| HEAT |
Central |
| LOT |
8712 sq ft |
| LOT DESCRIPTION |
Cleared, Level |
| LOT DIMENSIONS |
0.2 |
| MLS STATUS |
Active |
| PARKING |
Driveway |
| STORIES |
1 |
| SUBDIVISION |
None |
Location
Listed with Keller Williams Connected
Date last updated: 4/3/26 4:11 AM PDT
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This IDX solution is (c) Diverse Solutions 2026.
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