628 Kankakee CtKnightdaleNC27545
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 628 Kankakee Ct, Knightdale, NC, 27545 priced at $306,000 converts $2,173/mo rent into $294/mo cash flow after a $1,498/mo obligation. Total monthly income equals $2,173/mo, and annual cash flow totals $3,525/yr on $101,439 invested. Return on cash invested prints 23.38% in year one, and rental yield reads 8.52% against a $306,000 entry. Equity gained on principal adds $1,975/yr, while 5% annual appreciation compiles into $84,542 by year five. Five-year ROI reaches 121.42% and total cumulative return in cash sums $123,168. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,173/mo property income covering a $1,498/mo payment, not borrower’s personal income.
Single Family
Built in 1995
8,276 sqft lot
$N/A/sqft
$169 annually 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Petra Thomas • EXP Realty LLC
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10096160
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.