5947 Promise LnKnightdaleNC27545
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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 5947 Promise Ln, Knightdale, NC, 27545 earns $431/mo cash flow from $2,168/mo rent with a $1,395/mo payment. Total monthly income totals $2,168/mo, and annual cash flow totals $5,172/yr on $94,478 capital. ROI tracks 25.38% on current figures, and rental yield reads 9.13% at a $285,000 purchase. Equity gained on principal adds $1,839/yr, and 5% annual appreciation supports $78,740 over five years. Five-year ROI reaches 132.06% and total cumulative return in cash sums $124,770. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,168/mo property income instead of your personal income.
Manufactured
Built in 2010
1 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: Susan Dahlin Bashford • Hodge & Kittrell Sotheby's Int
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10095198
Disclaimer: The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS. Copyright 2025 Doorify MLS of North Carolina. All rights reserved.