1505 Sunny Days 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
Investment property for sale in Knightdale at 1505 Sunny Days Dr, Knightdale, NC, 27545 offers a 7.99% rental yield on a $414,000 purchase with $2,758/mo rent. Total monthly income registers $2,758/mo, and a $2,026/mo payment leaves $235/mo available for distribution. Annual cash flow reaches $2,822/yr on $137,241 to close, and return on cash invested stands at 21.97% in year one. Equity gained on principal adds $2,671/yr while 5% annual appreciation supports $114,381 over five years. Portfolio math shows five-year ROI at 113.77% and total cumulative return in cash at $156,139. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,758/mo property income against a $2,026/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2017
9,147 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: Heidi Cowley • Allen Tate/Raleigh-Falls Neuse
Mls Name: Doorify MLS
Mls ID: #10121809