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4-Home SFR Portfolio | New Construction 1 Multifamily Properties Offered at $940,000 in Salisbury, NC
Investment Highlights
- 2026 New Construction — No Repairs, No Deferred Maintenance
- $1,725/Mo Est. Rent Per Unit | $82,800 Gross Annual Income
- DSCR Loan Eligible | Cash & Conventional Welcome
- 4 Units | 3BD/2BA | +/- 1,181 SF Each | +/- 4,724 SF Total
- 8.8% Gross Yield | $235,000 Per Unit
- Contiguous Lots | City Water & Sewer | No HOA
Executive Summary
PORTFOLIO SALE — ALL 4 HOMES CONVEY TOGETHER. UNITS NOT AVAILABLE INDIVIDUALLY.
Four brand-new 2026 construction single-family homes on contiguous lots in Salisbury, NC (Rowan County). Turnkey condition — no renovation, no deferred maintenance, all systems and appliances under builder warranty.
INVESTMENT SUMMARY
- 4 units | 3 bed / 2 bath | 1,181 SF each | 4,724 SF total (all sqft +/- estimate)
- Estimated market rent: $1,725/month per unit (verified by local comps)
- Projected gross annual income: $82,800
- Estimated gross yield: 8.8%
- Purchase price: $940,000 ($235,000/unit)
- No HOA | No CCRs | City water & sewer
UNIT FEATURES
- Luxury vinyl plank flooring throughout
- Granite countertops | Stainless steel appliances
- Soft-close cabinetry | Recessed lighting
- Central air | Heat pump
- In-unit laundry (mud room)
- Covered front porch + rear patio
- Concrete driveway | Slab foundation
- Vinyl siding | Architectural shingle roof
FINANCING
DSCR loan eligible. At $1,725/month per unit, estimated DSCR exceeds 1.0 at 75-80% LTV — accessible to investors without traditional income documentation. Cash and conventional financing also accepted.
MARKET
Salisbury is the county seat of Rowan County, approximately 45 minutes northeast of Charlotte. Strong rental demand for 3BR single-family product driven by regional employment, healthcare, and manufacturing. New construction rental inventory at this price point is limited.
CONTACT
Kirk Hanson, Broker
CK Select Commercial Real Estate
704-791-9469
Rodney Green, Broker
CK Select Commercial Real Estate
704-787-4608
greengrp.net
Four brand-new 2026 construction single-family homes on contiguous lots in Salisbury, NC (Rowan County). Turnkey condition — no renovation, no deferred maintenance, all systems and appliances under builder warranty.
INVESTMENT SUMMARY
- 4 units | 3 bed / 2 bath | 1,181 SF each | 4,724 SF total (all sqft +/- estimate)
- Estimated market rent: $1,725/month per unit (verified by local comps)
- Projected gross annual income: $82,800
- Estimated gross yield: 8.8%
- Purchase price: $940,000 ($235,000/unit)
- No HOA | No CCRs | City water & sewer
UNIT FEATURES
- Luxury vinyl plank flooring throughout
- Granite countertops | Stainless steel appliances
- Soft-close cabinetry | Recessed lighting
- Central air | Heat pump
- In-unit laundry (mud room)
- Covered front porch + rear patio
- Concrete driveway | Slab foundation
- Vinyl siding | Architectural shingle roof
FINANCING
DSCR loan eligible. At $1,725/month per unit, estimated DSCR exceeds 1.0 at 75-80% LTV — accessible to investors without traditional income documentation. Cash and conventional financing also accepted.
MARKET
Salisbury is the county seat of Rowan County, approximately 45 minutes northeast of Charlotte. Strong rental demand for 3BR single-family product driven by regional employment, healthcare, and manufacturing. New construction rental inventory at this price point is limited.
CONTACT
Kirk Hanson, Broker
CK Select Commercial Real Estate
704-791-9469
Rodney Green, Broker
CK Select Commercial Real Estate
704-787-4608
greengrp.net
Property Facts
| Price | $940,000 | Status | Active |
| Price / SF | $795.94 / SF | Number of Properties | 4 |
| Cap Rate | 5.85% | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 1,181 SF |
| Price | $940,000 |
| Price / SF | $795.94 / SF |
| Cap Rate | 5.85% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 4 |
| Individually For Sale | 0 |
| Total Building Size | 1,181 SF |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 1129 Kenly St, Salisbury, NC 28144 | Multifamily | 1,181 SF | 2026 | - |
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4-Home SFR Portfolio | New Construction
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