8313 Knight Village CirStokesdaleNC27357
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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 Stokesdale at 8313 Knight Village Cir, Stokesdale, NC, 27357 generates $2,377/mo in rent and, after a $1,566/mo payment, leaves $427/mo in cash flow. Total monthly income is $2,377/mo, and annual cash flow is $5,124/yr on $106,080 invested. Return on cash invested sits at 24.74% in year one, and rental yield is 8.91% on a $320,000 entry. Equity gained on principal adds $2,065/yr, while 5% annual appreciation builds toward $88,410 over five years. Five-year ROI reaches 128.6% and total cumulative return in cash sums $136,419. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,377/mo property income rather than buyer’s personal income.
Single Family
Built in 1991
0.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27357, Stokesdale, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,254 (100%) |
| Owner Occupied HU | 3,429 (80.6%) |
| Renter Occupied HU | 520 (12.2%) |
| Vacant Housing Units | 305 ( 7.2%) |
| Median Home Value | $307,869 |
| Average Home Value | $367,357 |
Housing Distribution
Address Breakdown
Residential
4,279
Single Family
4,248
Multi-Family
31
Businesses
197
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Listed by: Phillip Stone • A New Dawn Realty, Inc
Mls Name: Triad MLS
Mls ID: #1202180