123 Catherine Dr LOT 9HarbingerNC27941
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Harbinger rentals match the income profile of 123 Catherine Dr LOT 9, Harbinger, NC, 27941. Listed at $151,000, gross rent is $2,696/mo and net cash flow is $1,776/mo, a 21.43% yield well above national averages. DSCR 3.97 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $41,719 by year five with $1,391/yr in annual principal reduction, projecting $171,468 in total cumulative return.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 21.4% | 6.2% |
| Monthly Cash Flow | $1,776 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,696 |
| Total Monthly Debt Service | $860 |
| DSCR Ratio | 3.13x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Lot
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27941, Harbinger, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 757 (100%) |
| Owner Occupied HU | 477 (63.0%) |
| Renter Occupied HU | 137 (18.1%) |
| Vacant Housing Units | 143 (18.9%) |
| Median Home Value | $350,629 |
| Average Home Value | $384,083 |
Housing Distribution
Address Breakdown
Residential
253
Single Family
253
Multi-Family
0
Businesses
40
Nearby investment properties with comparable rents
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
Lot
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27941, Harbinger, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 757 (100%) |
| Owner Occupied HU | 477 (63.0%) |
| Renter Occupied HU | 137 (18.1%) |
| Vacant Housing Units | 143 (18.9%) |
| Median Home Value | $350,629 |
| Average Home Value | $384,083 |
Housing Distribution
Address Breakdown
Residential
253
Single Family
253
Multi-Family
0
Businesses
40
Nearby investment properties with comparable rents
Listed by: Bradley S Kleman • Keller Williams - Outer Banks
Mls Name: OBAR
Mls Provider:
Mls ID: #126678
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.