943 Tabor RdHarmonyNC28660
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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
Rental property for sale in Harmony at 943 Tabor Rd, Harmony, NC, 28660 generates $2,192/mo in rent and, after a $1,150/mo payment, leaves $760/mo in cash flow. Total monthly income is $2,192/mo, and annual cash flow is $9,120/yr on $77,903 invested. Return on cash invested sits at 31.62% in year one, and rental yield is 11.19% on a $235,000 entry. Equity gained on principal adds $1,516/yr, while 5% annual appreciation builds toward $64,926 over five years. Five-year ROI reaches 165.47% and total cumulative return in cash sums $128,908. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,192/mo property income rather than buyer’s personal income.
Manufactured
Built in 1991
0.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28660, Olin, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,006 (100%) |
| Owner Occupied HU | 723 (71.9%) |
| Renter Occupied HU | 204 (20.3%) |
| Vacant Housing Units | 79 ( 7.9%) |
| Median Home Value | $293,015 |
| Average Home Value | $394,692 |
Housing Distribution
Address Breakdown
Residential
920
Single Family
920
Multi-Family
0
Businesses
22
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Listed by: Amanda Coleman • Tarheel Realty II
Mls Name: Triad MLS
Mls ID: #1201880