104 Saint Johns StKnightdaleNC27545
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Knightdale at 104 Saint Johns St, Knightdale, NC, 27545 priced at $325,000 converts $2,158/mo rent into $177/mo cash flow after a $1,591/mo obligation. Total monthly income equals $2,158/mo, and annual cash flow totals $2,124/yr on $107,738 invested. Return on cash invested prints 21.88% in year one, and rental yield reads 7.97% against a $325,000 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation compiles into $89,792 by year five. Five-year ROI reaches 113.29% and total cumulative return in cash sums $122,053. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,158/mo property income covering a $1,591/mo payment, not borrower’s personal income.
Single Family
Built in 2000
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27545, Knightdale, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,999 (100%) |
| Owner Occupied HU | 9,539 (68.1%) |
| Renter Occupied HU | 3,631 (25.9%) |
| Vacant Housing Units | 829 ( 5.9%) |
| Median Home Value | $401,653 |
| Average Home Value | $454,655 |
Housing Distribution
Address Breakdown
Residential
13,351
Single Family
11,091
Multi-Family
2,260
Businesses
884
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Listed by: Ashley Reardon • Anova Realty
Mls Name: Doorify MLS
Mls ID: #10141378