What is the rental yield in Devinshire Downs, Knightdale?

The gross yield in Devinshire Downs, Knightdale is 5.7. Prices are in line with Knightdale and about 19% below North Carolina, while the Red Flag score is 77. Over the past year, prices have moved down 2.9%, and walkability is 16.

How does Devinshire Downs compare to Knightdale and North Carolina?

Devinshire Downs in Knightdale, North Carolina is priced in line with Knightdale and about 19% below North Carolina. It has a 5.7 gross yield, a Red Flag score of 77, walkability of 16, and education in the 85th percentile. Prices are down 2.9% over the past year.

What does the walkability score mean for Devinshire Downs, Knightdale?

Devinshire Downs, Knightdale has a walkability of 16, which is relatively low. The neighborhood also shows a 5.7 gross yield, prices in line with Knightdale and about 19% below North Carolina, and a Red Flag score of 77. Prices are down 2.9% over the past year.

How strong is the education score in Devinshire Downs, Knightdale?

Education in Devinshire Downs, Knightdale is in the 85th percentile. That sits alongside a 5.7 gross yield, walkability of 16, prices in line with Knightdale and about 19% below North Carolina, and a Red Flag score of 77. Prices are down 2.9% over the past year.

Neighborhood

Devinshire Downs

Knightdale, North Carolina US

Devinshire Downs in Knightdale, North Carolina has an investment profile defined by a 5.7 gross yield, prices in line with Knightdale and about 19% below North Carolina, alongside a Red Flag score of 77. Prices are down 2.9% over the past year, while walkability is 16 and education is in the 85th percentile. The yield and relative discount to North Carolina are strengths, but the Red Flag score is elevated.

AI Summary•Updated May 2026

Area

0.03 mi²

ZIP Code

27545

County

Wake County

State

North Carolina

Redfin — median sale & volumeZillow ZORI — asking rentFEMA National Risk Index v1.20OpenStreetMap — POIFBI UCR — state crimeEPA — radon zonesWashU ACAG — satellite PM2.5US Census ACS / TIGER 2024

Verified Price · Median Sale

$374,888

YoY-2.9%

Gross Rental Yield

5.7%

Listed rent · ZORI annualized

Red Flag Index

High

77 / 100

Walkability Score

Minimal

OpenStreetMap POI density · national percentile

Education Score

85 / 100

Excellent · better than 85% of U.S. districts

Pre-pandemic SEDA (2018/19) · district proxy

AI Score

Fair

DistrictScore attractiveness · national model

Devinshire Downs Property Prices & Rental Yield

Verified Redfin sale data and Zillow ZORI asking rent for Devinshire Downs, Knightdale.

Unlock the Devinshire Downs 12-month price trend

See the full Verified vs Listed price history — free with a DistrictScore account.

Market Economics Snapshot

May 2026

Metric	Value	YoY
Median Sale Price	$374,888	-2.9%
Price / Sq Ft (Verified)	$188/sqft	+1.3%
Asking Rent (Median)	$1,766/mo	+3.4%
Gross Rental Yield	5.7%	—
Liquidity Score	39 / 100	Moderate
Homes Sold (Period)	146	-17.0%

Is Devinshire Downs Safe? Natural-Hazard Risk

FEMA National Risk Index composite across eight hazards, plus inherited North Carolina crime context.

Red Flag Breakdown

77 / 100

High Risk

Composite is weighted by expected impact — frequent low-damage hazards (hail, wind) weigh less than flood or wildfire.

Heat100Very High

Hail100Very High

Flood80Very High

Wildfire80Very High

Hurricane80Very High

Tornado80Very High

Earthquake60High

Strong Wind40Moderate

8/8 hazards scored · FEMA NRI v1.20

Crime (state-level): North Carolina averaged 23.4 crimes and 3.8 violent per 1,000 residents (-3.4% YoY) in 2024(FBI UCR). Compare the state to the country, not states as a ranking — full Safety & Crime data lives on the state page.

Unlock the full risk report for Devinshire Downs

Tract-level hazard heatmap & parcel detail with Pro

Unlock the Devinshire Downs hazard breakdown

See all eight FEMA hazard scores — free with a DistrictScore account.

What Stands Out AI Insight

Above-average gross rental yield at 5.7%

Active transaction volume — 146 homes sold last period

Heat risk is Very High (100/100)

Hail risk is Very High (100/100)

Insights are generated from Devinshire Downs's live DistrictScore metrics.

Devinshire Downs Environment & Safety

Satellite PM2.5 air-quality history, FBI UCR crime trend (North Carolina-level, the finest official aggregation), EPA radon potential and point-source hazard screening.

Air Quality — PM2.5

2015–2024

5.4 µg/m³ Meets EPA, above WHO guideline-13.0% since 2015

EPA 9WHO 5

20152024

Annual mean fine-particle (PM2.5) concentration at the Devinshire Downs centroid, satellite-derived (ACAG). References: WHO guideline 5 µg/m³ · EPA annual standard 9 µg/m³. Latest year ranks worse than 34% of U.S. neighborhoods.

North Carolina Crime Trend

FBI UCR

20132024

All crimes / 1k

Violent / 1k

Year	Crimes / 1k	Violent / 1k	YoY
2024	23.4	3.8	-3.4%
2023	24.6	3.9	+1.3%
2022	24.8	4.0	-0.0%
2021	25.1	4.2	-5.6%
2020	26.5	4.2	-3.6%
2019	27.7	3.8	—

Reported at the state level — the finest official US crime aggregation; Devinshire Downs inherits the North Carolina figures.

Radon Potential

EPA

Zone 2

Zone 2 — Moderate potential · Devinshire Downs

EPA radon zones estimate indoor radon potential county-wide (Zone 1 highest, Zone 3 lowest). Testing is recommended in all zones.

Walkability & Amenities in Devinshire Downs

Amenity density and pedestrian access from OpenStreetMap points of interest.

Walkability & Amenities

OpenStreetMap POI

16

Minimal

Walkability Score

0

Grocery

1

Dining

0

Schools

0

Universities

0

Hospitals

0

Pharmacies

0

Parks

0

Rail Transit

0

Coworking

POI counts are amenities within Devinshire Downs's boundary plus a 400 m walk buffer. Rail transit excludes bus stops.

Devinshire Downs vs Knightdale vs North Carolina

How Devinshire Downs benchmarks against its city and state medians.

Benchmark vs City & State

Across Devinshire Downs, the median sale price sits in line with the median for Knightdale neighborhoods and about 19% below the statewide median. Gross rental yield is 5.7%, against 5.7% for Knightdale neighborhoods and 4.1% statewide. Over the past 12 months, prices fell 2.9%. Transaction liquidity sits in line with the median for Knightdale neighborhoods and in line with the statewide median.

Area	Median / Sq Ft	Gross Yield	Liquidity
Devinshire Downs	$188/sqft	5.7%	39
Knightdale	$188/sqft	5.7%	39
North Carolina	$233/sqft	4.1%	39

Unlock the Devinshire Downs benchmark

Compare Devinshire Downs against Knightdale and North Carolina medians — free with a DistrictScore account.

Buying Property in the US as a Foreigner

Federal & North Carolina tax facts for non-resident buyers, plus the latest local market news.

Buying as a Foreigner

US Tax & Ownership

Applies to everyone7

Capital Gains (Federal)

Long-term capital gains taxed federally at 0/15/20%, plus a 3.8% Net Investment Income Tax on higher incomes (2026).

Property Tax

Property tax: ~0.62% average effective rate (statewide average; set and collected locally).

State Income Tax

State income tax up to 4.25%; rental income is taxed at these rates.

State Capital Gains

Capital gains are taxed as ordinary income at state rates.

Transfer Tax

Real estate transfer tax: $1 per $500.

Assessment Cap

No Proposition 13-style assessment cap; property is reassessed at market value.

Mansion Tax / Rent Control

No statewide mansion tax or statewide rent control.

US citizens & tax residents7

Primary-Home Exclusion

Selling your main home: exclude up to $250k of gain (single) / $500k (married) if you owned and lived there 2 of the last 5 years.

1031 Like-Kind Exchange

A 1031 like-kind exchange defers capital gains tax on investment property; 45 days to identify, 180 to close. Real estate only.

Depreciation Recapture

Residential rentals depreciate over 27.5 years; on sale, recaptured depreciation is taxed up to 25% (Section 1250).

Mortgage Interest Deduction

Mortgage interest is deductible on up to $750k of home debt. The SALT cap rose to $40,000 for 2025-2029 (reverts to $10k in 2030).

Opportunity Zones

Opportunity Zones are now permanent (2025): reinvested capital gains get deferral plus a basis step-up, and are tax-free after 10 years.

Rental Income (Resident)

Rental income is reported on Schedule E; passive-loss rules (Section 469) limit deducting rental losses against other income.

1031 State Conformity

The state conforms to the federal 1031 like-kind exchange rules.

Foreign buyers (non-residents)5

FIRPTA (Foreign Sellers)

FIRPTA: the buyer withholds 15% of the gross sale price when a nonresident sells US property. It is an advance deposit, not the final tax.

Non-Resident Capital Gains

Nonresident sellers pay US capital gains tax (generally 15-20%) on the net gain via Form 1040-NR; FIRPTA withholding is credited.

Non-Resident Rental Tax

Nonresident rental income is taxed at 30% of gross by default, or on net income at graduated rates via a Section 871(d) election (W-8ECI).

Estate Tax (Non-Resident)

Nonresidents get only a $60,000 US estate-tax exemption (vs $13.99M for residents); US property above it is taxed up to 40%. Treaties may help.

ITIN Requirement

Nonresidents without an SSN need an ITIN (Form W-7) to file US tax returns, claim FIRPTA refunds, and report rental income.

Talk to a US real-estate tax advisor

FIRPTA, ITIN & North Carolina property-tax guidance for foreign buyers

Latest Knightdale Real-Estate News

New Fed chairman may leave mortgage rates mostly unchanged

Guaranteed Rate • Jun 18, 2026

Household real estate wealth hits record $48.7 trillion

Eye On Housing • Jun 18, 2026

U.S. commercial property prices hit record as deal patterns shift

Altus Group • Jun 18, 2026

Devinshire Downs Real Estate FAQ

Devinshire Downs in Knightdale, North Carolina shows a 5.7 gross yield and prices that are in line with Knightdale and about 19% below North Carolina. The Red Flag score is 77, walkability is 16, and education is in the 85th percentile. Prices are down 2.9% over the past year.

Neighborhoods near Devinshire Downs

Compare Devinshire Downs with nearby neighborhoods in Knightdale.

Unlock deeper insights on Devinshire Downs

Deeper data. Smarter decisions. Stronger returns.

Full Risk Reports

Tract-level hazards

Investment Score

AI-driven analysis

Export & Reports

PDF & Excel

Priority Support

Fast-track help

Get Pro Access7-day free trial. Cancel anytime.