117 Stanway DrKnightdaleNC27545
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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 117 Stanway Dr, Knightdale, NC, 27545 offers $2,069/mo rent that, after a $1,786/mo payment. Total monthly income is $2,069/mo. Return on cash invested measures 18.37% in year one, and rental yield stands at 6.8% at a $365,000 entry. Equity gained on principal adds $2,355/yr while 5% annual appreciation compounds into $100,843 by year five. Five-year ROI records 94.45% and total cumulative return in cash reaches $114,283. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,069/mo property income versus a $1,786/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1995
10,454 sqft 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: Ed Karazin • RE/MAX One Hundred
Mls Name: Doorify MLS
Mls ID: #10139945