317 Hope Valley 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
Rental property for sale in Knightdale at 317 Hope Valley Rd, Knightdale, NC, 27545 priced at $429,900 converts $2,730/mo rent into $110/mo cash flow after a $2,104/mo obligation. Total monthly income equals $2,730/mo, and annual cash flow totals $1,321/yr on $142,512 invested. Return on cash invested prints 20.84% in year one, and rental yield reads 7.62% against a $429,900 entry. Equity gained on principal adds $2,774/yr, while 5% annual appreciation compiles into $118,773 by year five. Five-year ROI reaches 107.72% and total cumulative return in cash sums $153,511. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,730/mo property income covering a $2,104/mo payment, not borrower’s personal income.
Single Family
Built in 2013
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: Joe Matthews • Real Triangle Properties LLC
Mls Name: Doorify MLS
Mls ID: #10125797