315 Harbinger Ridge Rd LOT 4HarbingerNC27941
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThis is a cash-flow-light asset: 315 Harbinger Ridge Rd LOT 4, Harbinger, NC, 27941 in Harbinger, $410,000, 7.83% gross yield, $177/mo net income. Consider it a market-entry position, the $2,676/mo rent covers the $1,844/mo payment with a margin, and 5%/yr appreciation is projected to add $113,275 to the asset's value over five years. Ziffy Mortgage approves DSCR loans (coverage 1.45) for non-U.S. residents without domestic income documentation. Consider a higher down payment to widen the monthly margin. Total projected return: $166,685.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 7.8% | 6.2% |
| Monthly Cash Flow | $177 | $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 | $2,676 |
| Total Monthly Debt Service | $2,336 |
| DSCR Ratio | 1.15x |
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.
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Trish A Lusk • Century 21 Nachman Realty
Mls Name: OBAR
Mls ID: #130612