Is Harnett County, NC good for real estate investing?

Harnett County has an investment score of 61/100, rated as "Buy". The county ranks #298 nationally among 1000 counties analyzed.

What is the rent-to-price ratio in Harnett?

The rent-to-price ratio in Harnett County is 7.35% annually, which ranks in the 83th percentile nationally. Higher ratios indicate better cash flow potential.

What is the median home price in Harnett?

The median home price in Harnett County is $288,773. This ranks #643 in affordability among all US counties.

Can you cash flow on rental properties in Harnett?

Based on median values with 20% down at current rates, a typical rental in Harnett County would generate negative cash flow of $364/month. Individual property performance varies based on purchase price, rent, and operating expenses.

Harnett County

North CarolinaPopulation: 134,718

/100

Buy

#298 of 1,000 counties

#18 in North Carolina (100 counties)

Market Snapshot

$288,773

Median Home Price

24% above national median

$1,769/mo

Median Rent

17% above national median

7.35%

Rent-to-Price Ratio

Top 17% nationally

-$364

Est. Monthly Cash Flow

With 20% down at 6.9% rate

Price History

Historical data from Zillow ZHVI/ZORI

Quick Investment Calculator

Down Payment20%

5%50%100%

Purchase

Purchase Price$288,773

Down Payment (20%)$57,755

Loan Amount$231,018

Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$1,769

Monthly P&I-$1,514

Est. Expenses (35%)-$619

Net Cash Flow-$364/mo

4.8%

Cap Rate (all cash)

-6.6%

Cash-on-Cash Return

7.35%

Rent-to-Price Ratio

Negative leverage: At 6.85% rates, borrowing costs exceed the 4.8% cap rate. All-cash buyers may see better returns.

* Based on county median values. 35% expenses include taxes, insurance, maintenance, vacancy, and property management. Actual results vary by property.

Run Full Analysis Try House Hack Strategy

Score Breakdown

Overall Investment Score

61/100

Cash Flow(30%)

74/100

Based on 7.35% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)

56/100

Based on 0.6% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)

50/100

Population data not available.

Affordability(20%)

63/100

Price-to-income ratio of 4.4x. Lower ratios indicate more affordable markets.

Scores are calculated using real Zillow home value and rent data, Census population data, and economic indicators. The weighted average produces the overall investment score. Markets with missing rent data use estimated values based on regional averages.

Investment Outlook

Strengths

+Above-average rent-to-price ratio (7.35%)
+Complete rent data available

Challenges

-Negative cash flow at typical financing (-$364/mo)
-Negative leverage (cap rate 4.8% < mortgage rate 6.9%)

Economic Indicators

Population

134,718

Median Income

$64,992

vs $57,018 national est.

Unemployment Rate

—

Data pending

Price-to-Income

4.4x

Moderately affordable

Compare to Nearby Counties

County					Verdict
CurrentHarnettNC	61	$288,773	$1,769	7.35%	Buy
CumberlandNC	61	$227,591	$1,422	7.50%	Buy	View
SurryNC	60	$220,321	Est. pending	—	Buy	View
GastonNC	60	$291,814	$1,653	6.80%	Buy	View
WilsonNC	59	$216,344	$1,262	7.00%	Hold	View
ForsythNC	59	$277,643	$1,545	6.68%	Hold	View

The Bottom Line

BuyHarnett offers solid investment potential with good cash flow or appreciation prospects.

Harnett County in North Carolina scores 61/100, ranking #298 of 1,000 US counties (top 39%). The 7.35% rent-to-price ratio indicates moderate cash flow potential. Current market conditions make traditional buy-and-hold investing challenging. Consider house hacking, value-add strategies, or all-cash purchases.

Monthly Cash Flow

$-364/mo

Cap Rate

4.8%

Cash-on-Cash

-6.6%

Ready to Analyze a Deal in Harnett?

Use our investment calculators to run detailed numbers on specific properties.

Single Family1-4 unit rentals, BRRRR House HackOwner-occupied strategy Multifamily5+ unit properties

Explore Other Markets

Quick Investment Calculator

Down Payment20%

5%50%100%

Purchase

Purchase Price$288,773

Down Payment (20%)$57,755

Loan Amount$231,018

Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$1,769

Monthly P&I-$1,514

Est. Expenses (35%)-$619

Net Cash Flow-$364/mo

4.8%

Cap Rate (all cash)

-6.6%

Cash-on-Cash Return

7.35%

Rent-to-Price Ratio

Negative leverage: At 6.85% rates, borrowing costs exceed the 4.8% cap rate. All-cash buyers may see better returns.

* Based on county median values. 35% expenses include taxes, insurance, maintenance, vacancy, and property management. Actual results vary by property.

Run Full Analysis Try House Hack Strategy

Score Breakdown

Overall Investment Score

61/100

Cash Flow(30%)

74/100

Based on 7.35% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)

56/100

Based on 0.6% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)

50/100

Population data not available.

Affordability(20%)

63/100

Price-to-income ratio of 4.4x. Lower ratios indicate more affordable markets.

County

Verdict

CurrentHarnettNC

$288,773

$1,769

7.35%

Buy

CumberlandNC

$227,591

$1,422

7.50%

Buy

View

SurryNC

$220,321

Est. pending

—

Buy

View

GastonNC

$291,814

$1,653

6.80%

Buy

View

WilsonNC

$216,344

$1,262

7.00%

Hold

View

ForsythNC

$277,643

$1,545

6.68%

Hold

View

The Bottom Line

BuyHarnett offers solid investment potential with good cash flow or appreciation prospects.

Monthly Cash Flow

$-364/mo

Cap Rate

4.8%

Cash-on-Cash

-6.6%