3246 Spring Forest RdHarrisburgNC28075
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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
Total monthly income runs $3,222/mo, and a $2,937/mo payment. Purchase price stands at $600,000, and rental yield measures 6.44% with $3,222/mo rent. Return on cash invested shows 17.42% in year one, and 5% annual appreciation builds toward $165,769 over five years. Five-year ROI reaches 89.3% and total cumulative return in cash records $176,280. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,222/mo property income covering a $2,937/mo payment rather than investor’s personal income.
Single Family
Built in 2022
0.17 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28075, Harrisburg, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,188 (100%) |
| Owner Occupied HU | 7,123 (87.0%) |
| Renter Occupied HU | 877 (10.7%) |
| Vacant Housing Units | 188 ( 2.3%) |
| Median Home Value | $459,896 |
| Average Home Value | $503,724 |
Housing Distribution
Address Breakdown
Residential
7,549
Single Family
7,549
Multi-Family
0
Businesses
761
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Listed by: Jennifer Hubbard • Howard Hanna Allen Tate Concord
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4335744