Description
Fantastic investment or owner occupant opportunity priced well below market value! This 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.
Address
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Address: 2909 Glendale Avenue
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City: Kannapolis
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State/county: NC
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Zip/Postal Code: 28081
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Area: NONE
Details
Updated on June 5, 2026 at 4:16 pm-
Property ID 4365245
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Price $225,000
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Bedrooms 3
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Bathrooms 2
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Garages 2
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Year Built 1930
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Property Type Single Family Residence, Residential
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Property Status Active, For Sale
Additional details
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Listing Terms Cash, Conventional, FHA, VA Loan
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Sewer County Sewer
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Cooling Central Air
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Heating Central
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County Rowan
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Property Type Residential
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Parking Driveway, Detached Garage
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Elementary School Unspecified
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Middle School Unspecified
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High School Unspecified
Mortgage Calculator
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Down Payment
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Loan Amount
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Monthly Mortgage Payment
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Property Tax
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Home Insurance
Contact Information
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