1022 Harb DrArchdaleNC27263
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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
Investment property for sale in Archdale at 1022 Harb Dr, Archdale, NC, 27263 offers a 4.67% rental yield on a $382,440 purchase with $1,489/mo rent. 94% in year one. Equity gained on principal adds $2,468/yr while 5% annual appreciation supports $105,661 over five years. Portfolio math shows five-year ROI at 60.02% and total cumulative return in cash at $76,091. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,489/mo property income against a $1,872/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
0.18 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27263, High Point, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,638 (100%) |
| Owner Occupied HU | 6,092 (63.2%) |
| Renter Occupied HU | 3,035 (31.5%) |
| Vacant Housing Units | 511 ( 5.3%) |
| Median Home Value | $234,242 |
| Average Home Value | $264,047 |
Housing Distribution
Address Breakdown
Residential
9,313
Single Family
8,529
Multi-Family
784
Businesses
1,382
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Listed by: Elizabeth Ward • DR Horton
Mls Name: Triad MLS
Mls ID: #1197098