📣🏡💰 (Knightdale, NC) SFH, Seller Finance with Low Entry Fee! 💰🏡📣

Wake County, Knightdale, NC, 27545
Sold
Listed at: October 1st, 2024
Price
$18,700
ARV
$320,000
Gross Margin
$301,300
Sq. Footage
1176
Type
Single-Family
Parking
Driveway
Year build
1990
Lot size
0.26 acres
Bedrooms
3
Bathrooms
2
Half Bathrooms
0
Summary

📣🏡💰 (Knightdale, NC) Turnkey Single-Family Home Perfect for Rental Income! 💰🏡📣

Looking for an investment property with low monthly payments? We have the perfect seller-financed turnkey home ready for you! This single-family gem is ideal for generating rental income immediately – no extra work is needed.

 

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ARV: $320k

Market Rent: $1600 - $1900/mo

Seller-Financing Terms:

  • Purchase Price: $290k
  • Entry Fee: $18,700 
  • Fixed monthly payment: $1007.01/month (including Principal and Interest)
  • @3% interest amortized in 40-yrs with a 5-yr balloon

 

Perfect For:

🚪 Buy and Hold

(Purchase Price) $290K + (Rental Rehab) $8k = (Total Investment) $298k

 

Rental Comps:

  1. 303 Indian Spring Dr, Knightdale, NC 27545 - $1865/mo
  2. 108 Arbor Ridge Ct, Knightdale, NC 27545 - $1750/mo

ARV Comps:

  1. 108 Arbor Ridge Ct, Knightdale, NC 27545 - Sold for $288k on 10/17/23 (3 bd | 2 ba | 1168 sqft)
  2. 104 Leighton Pl, Knightdale, NC 27545 - Sold for $315k on 02/26/24 (3 bd | 2 ba | 1231 sqft)
  3. 103 Newbury Ct, Knightdale, NC 27545 - Sold for $315k on 08/30/24(3 bd | 2 ba | 1356 sqft)
  4. 5008 Dantonville Ct, Knightdale, NC 27545 - Pending | Listed for $350k (3 bd | 2 ba | 1368 sqft)
  5. 109 Valley Park Dr, Knightdale, NC 27545 - Pending | Listed for $335k (3 bd | 2 ba | 1353 sqft)

 

Property Overview:

🛏 3 Bedrooms

🛁 2 Bathrooms

📏 1176 sqft

📅 Built in 1990

🏠 Roof is 3 years old (still under warranty)

❄ HVAC was redone a month ago

🚿 Water heater was recently updated

📝 HOA: $250/year

🔄 Delivered Vacant at closing


PLEASE CALL Lyka TO SCHEDULE SHOWINGS

📞 910-600-6722

TENTATIVE CLOSE DATE ON OR BEFORE 10/22/2024

Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Lyka Senarillos

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