3061 Van Dorn RdKnightdaleNC27545
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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 3061 Van Dorn Rd, Knightdale, NC, 27545 earns $116/mo cash flow from $1,792/mo rent with a $1,346/mo payment. Total monthly income totals $1,792/mo, and annual cash flow totals $1,392/yr on $91,163 capital. ROI tracks 21.44% on current figures, and rental yield reads 7.82% at a $275,000 purchase. Equity gained on principal adds $1,775/yr, and 5% annual appreciation supports $75,977 over five years. Five-year ROI reaches 110.9% and total cumulative return in cash sums $101,099. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,792/mo property income instead of your personal income.
Single Family
Built in 2005
6,969 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: Hector M Vega • Keller Williams Realty
Mls Name: Doorify MLS
Mls ID: #10107427