Introduction

Investing in rental properties can be a lucrative endeavor if done correctly. A good rental property typically has a combination of strong demand, reasonable purchase price, low maintenance costs, and good appreciation potential. Location plays a crucial role in determining these factors. A prime location not only attracts tenants but also ensures long-term profitability through consistent rental income and property value appreciation.

Harnett County, located in North Carolina, offers a mix of urban and rural settings, making it an attractive location for rental property investments. Its proximity to larger cities like Raleigh and Fayetteville, along with its unique local attractions, contributes to its investment potential. This guide provides an overview of the best neighborhoods and areas in Harnett County, grading each on various aspects to help you make informed investment decisions.

Best Neighborhoods and Areas in Harnett County, NC

1. Lillington

Grades:

• Convenience: B+
• Tourist Attractions: B
• Things to Do: B
• Average Home Prices: A-
• Return on Investment: A
• Proximity to Work-Related Travel: B
• X-Factor: B+

Convenience: B+ Lillington is the county seat of Harnett County, offering a range of amenities including schools, grocery stores, and healthcare facilities. Its central location within the county makes it accessible to both rural and urban areas.

Tourist Attractions: B Lillington is home to Cape Fear River Adventures, where residents and tourists can enjoy kayaking, canoeing, and fishing. Raven Rock State Park, with its hiking trails and scenic views, is also nearby.

Things to Do: B The town offers various recreational activities including parks, local restaurants, and community events. The presence of Campbell University nearby adds to the vibrancy of the area.

Average Home Prices: A- Home prices in Lillington are relatively affordable compared to neighboring cities, making it an attractive option for investors looking to maximize return on investment.

Return on Investment: A Due to its affordable home prices and steady demand from students and families, Lillington offers a high return on investment. Rental properties tend to have low vacancy rates and competitive rental prices.

Proximity to Work-Related Travel: B Lillington is conveniently located within driving distance to Fayetteville, Raleigh, and the Research Triangle Park, providing ample job opportunities for residents.

X-Factor: B+ The presence of Campbell University gives Lillington a unique academic charm. The small-town feel combined with the university atmosphere makes it a desirable place to live.

2. Dunn

Grades:

• Convenience: A
• Tourist Attractions: B+
• Things to Do: B+
• Average Home Prices: B+
• Return on Investment: A-
• Proximity to Work-Related Travel: B+
• X-Factor: A-

Convenience: A Dunn offers a well-developed infrastructure with easy access to Interstate 95, making it highly convenient for commuting. It has a variety of shopping centers, restaurants, and healthcare facilities.

Tourist Attractions: B+ The Dunn-Erwin Rail Trail is a popular attraction, offering miles of scenic walking and biking paths. Dunn also hosts several historical sites and annual events, such as the Dunn Cotton Festival.

Things to Do: B+ Residents can enjoy local parks, golf courses, and a vibrant downtown area with shops and eateries. The Dunn Community Center provides various recreational programs and activities.

Average Home Prices: B+ Home prices in Dunn are moderate, providing good value for investors. The real estate market is stable, with consistent demand from both renters and buyers.

Return on Investment: A- Dunn's strategic location along I-95 and its strong local economy contribute to a solid return on investment. Rental properties in Dunn typically experience low vacancy rates and steady rental income.

Proximity to Work-Related Travel: B+ Dunn's location along I-95 offers excellent connectivity to major cities like Fayetteville and Raleigh, making it a convenient choice for professionals who commute for work.

X-Factor: A- Dunn's blend of historical charm and modern amenities gives it a unique appeal. The community's commitment to preserving its heritage while fostering growth makes it a standout location in Harnett County.

3. Erwin

Grades:

• Convenience: B
• Tourist Attractions: B
• Things to Do: B
• Average Home Prices: A
• Return on Investment: A-
• Proximity to Work-Related Travel: B
• X-Factor: B

Convenience: B Erwin offers basic amenities including schools, grocery stores, and healthcare services. While it may not have the same level of development as larger towns, it provides a comfortable living environment.

Tourist Attractions: B Erwin is known for its annual Denim Days Festival, celebrating the town's history in the textile industry. The nearby Cape Fear River provides opportunities for outdoor activities.

Things to Do: B The town has several parks and recreational facilities. The local community center hosts various events and activities throughout the year.

Average Home Prices: A Erwin has some of the most affordable home prices in Harnett County, making it an attractive option for investors looking for lower entry costs.

Return on Investment: A- With low home prices and steady rental demand, Erwin offers a good return on investment. The town's affordability and charm attract a range of tenants, from families to retirees.

Proximity to Work-Related Travel: B Erwin is reasonably close to larger towns like Dunn and Fayetteville, offering decent commuting options for work. However, it lacks direct access to major highways.

X-Factor: B Erwin's rich history and community spirit make it a unique place to live. The annual Denim Days Festival and the town's close-knit community contribute to its distinctive charm.

4. Angier

Grades:

• Convenience: B+
• Tourist Attractions: B
• Things to Do: B+
• Average Home Prices: B
• Return on Investment: B+
• Proximity to Work-Related Travel: B+
• X-Factor: B+

Convenience: B+ Angier offers a range of amenities including shopping centers, restaurants, and schools. Its location near major highways provides easy access to larger cities like Raleigh.

Tourist Attractions: B Angier is home to several parks and recreational areas. The town hosts the annual Crepe Myrtle Festival, which attracts visitors from across the region.

Things to Do: B+ Residents can enjoy local parks, community events, and a variety of dining options. The town has a vibrant community center that offers programs and activities for all ages.

Average Home Prices: B Home prices in Angier are moderate, offering good value for investors. The town's real estate market is stable, with consistent demand for rental properties.

Return on Investment: B+ Angier's growing popularity and proximity to Raleigh contribute to a solid return on investment. The town attracts a mix of young professionals and families, ensuring steady rental demand.

Proximity to Work-Related Travel: B+ Angier's location near major highways makes it a convenient choice for professionals who commute to Raleigh or other nearby cities for work.

X-Factor: B+ Angier's annual Crepe Myrtle Festival and its vibrant community life give it a unique charm. The town's growth and development make it an attractive place for both residents and investors.

Conclusion

Harnett County, NC, offers a variety of investment opportunities for those looking to enter the rental property market. Each neighborhood and area has its unique strengths and potential for high returns. By carefully evaluating the grades and detailed information provided, investors can make informed decisions that align with their financial goals and investment strategies. Whether you're looking for affordable entry points, strong return on investment, or unique community charm, Harnett County has something to offer.