315 Harbinger Ridge Rd LOT 4HarbingerNC27941
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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 Harbinger at 315 Harbinger Ridge Rd LOT 4, Harbinger, NC, 27941 uses $135,915 cash to close to unlock $2,124/yr annual cash flow and $177/mo monthly cash flow. Total monthly income runs $2,676/mo, and a $2,007/mo payment keeps the spread at $177/mo. Purchase price stands at $410,000, and rental yield measures 7.83% with $2,676/mo rent. Return on cash invested shows 21.47% in year one, and 5% annual appreciation builds toward $113,275 over five years. Five-year ROI reaches 111.1% and total cumulative return in cash records $150,995. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,676/mo property income covering a $2,007/mo payment rather than investor’s personal income.
Single Family
Built in 1992
0.69 Acres 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
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Listed by: Trish A Lusk • Century 21 Nachman Realty
Mls Name: OBAR
Mls ID: #130612