702 Calavaras LnKnightdaleNC27545
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
Investment property for sale in Knightdale at 702 Calavaras Ln, Knightdale, NC, 27545 with 5% annual appreciation on a $369,900 basis while $2,482/mo rent supports operations. Total monthly income totals $2,482/mo and a $1,810/mo payment preserves $228/mo for cash returns. Annual cash flow comes to $2,737/yr on $122,622 deployed, and return on cash invested reaches 22.14% in year one. Equity gained on principal adds $2,387/yr, and five-year appreciation sums $102,197 alongside rental yield of 8.05%. Five-year ROI measures 114.72% and total cumulative return in cash totals $140,674.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,482/mo property income versus a $1,810/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2005
7,840 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Millicent Williams • Coldwell Banker HPW
Mls Name: Doorify MLS
Mls ID: #10102460