Available
$788,000(ARV: $789,000)100% of ARV

Wake County, Knightdale, NC 27545

5 bd4 ba3,635 sfBuilt 2022

24 days ago

Gross spread$1,000

Description

Most Investors See a 5-Bedroom Rental. Smart Investors See Three Ways to Win—With the Risk Ranked Up Front. The return is not hiding in one optimistic scenario. It is in the financing, the exit options, and knowing exactly which upside is cleared. This package ranks the whole-house fallback, compliance-first co-living case, and conditional fifth-room/garage concept so the buyer can underwrite the opportunity without pretending the risks do not exist. Acquire a large 2022-built home with an in-place tenant absorbing nearly all of the known fixed stack. The financing buys time; the buyer's job is to choose the highest lawful use after confirming current HOA rules, Town occupancy, parking, and setup costs. Investment Highlights: • Blended financing: existing 3.25% first mortgage, solar financing, and 0% seller carry create an estimated 2.78% nominal blended rate. • Carry protected by income: the current $3,300/month lease is only $106.37 below the known fixed monthly stack. • Flexible scale: 5 bedrooms, 4.5 baths, and 3,685 square feet create multiple rental strategies; lawful occupancy controls the final operating plan. • Room-rent thesis: current Knightdale signals begin around $858–$900/month; $1,000 remains a target assumption, not a guaranteed floor. • Optional garage upside: $0 is underwritten; conversion requires written HOA/ARC, parking, zoning, building-code, and occupancy clearance. Pics/Docs/Details Here: [contact details hidden] Text KNIGHTDALE to Kevin [contact details hidden]

Property

Bedrooms5
Bathrooms4
Square feet3,635
Lot size8,276 sf
Year built2022
ConditionTurn Key
OccupancyTenant Occupied
ParkingAttached Garage

Systems & condition

Roof age1-3 yrs
HeatingHeat pump · 0-5 yrs
Air conditioningCentral AC
FoundationSlab
Foundation conditionExcellent

Self-reported by the seller. Not inspected.

Seller

CompanyWithheld
Disposition repWithheld
Documents on file0
Views on the source listing189
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