3848 Grovesner StHarrisburgNC28075
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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 Harrisburg at 3848 Grovesner St, Harrisburg, NC, 28075 offers a 6.67% rental yield on a $717,430 purchase with $3,986/mo rent. 36% in year one. Equity gained on principal adds $4,629/yr while 5% annual appreciation supports $198,213 over five years. Portfolio math shows five-year ROI at 89.28% and total cumulative return in cash at $210,724. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,986/mo property income against a $3,511/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2006
0.52 Acres lot
$N/A/sqft
$58 monthly 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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