3321 Fore Pl · Greensboro, NC 27406

$175,000

3 bd · 1.0 ba · 1,152 sqft · SingleFamily public records · 45 Days on market

Built 1927 0.68 ac lot Est $230k · 24% under ↓ 46% since listing

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Why this score? — see what drove the C- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +16.1/30.0
• ARV discount +15.0/15.0
• DSCR +5.0/10.0
• Livability +4.0/5.0
• 1% rule +3.8/10.0
• Schools +3.6/10.0
• Rent growth +3.0/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

This beautifully remodeled home is ready for you to make it your own. Relax in the beautiful heated and cooled sunroom or get some work done in your beautiful home office. This great three bedroom home is full of architectural extras. The upstairs bonus room can serve as a play room or another bed room. The attic is awesome and the attic could easily be expanded to include it in the living space. This home is beautiful and conveniently located near all highway access points you can be anywhere in the triad in just minutes. Call and schedule your showing today.

Key facts

• 0.68 acre lot
• Built 1927
• Listed 45 days

Property features AI

Finance

• Other: Lot size about 0.68 acre
• HOA & community: No homeowners association

Exterior

• Parking: Driveway
• Utilities: Public sewer; Electric water heater
• Home design: Residential, stick/site-built house; Two stories; Built in 1927; Living room fireplace
• Construction: Brick construction
• Exterior features: No pool; Public-maintained road; Public water

Interior

• Kitchen: Electric water heater
• Bedrooms: Bedrooms located on main and second levels (includes a loft)
• Bathrooms: 1 full bathroom
• Heating & cooling: Heat pump and electric heating; Central air conditioning
• Interior features: Primary bedroom on the main level; Unfinished basement
• Laundry & utility: Main-level laundry room; Mudroom

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $175k.

Deal economics

• At list price, monthly cash flow is $91 ($1k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $153k (12.4% below list).
• Recommended offer: $153k (12.4% below list) — sets the bar for 1% rule.
• Cap rate 6.9% vs local median 3.8% in Greensboro — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 81/100 on livability (#12 in NC, #1,335 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, commute A+, cost of living A+; Watch: employment D, crime F.
• Guilford County Schools (urban): math 39% / reading 45% proficiency, ranked #99 of 178 in NC (top 56%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents rising (+2.2%/yr); 261 active listings in the ZIP; 16 comparable units currently listed for rent nearby; rentals at typical pace (median 22d on market — plan ~3-4 weeks tenant-placement turnaround); 3,843 units permitted in Guilford County in 2024 (2,397 in 5+ unit buildings).
• This rent runs 31% of the median local income ($60k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k of value loss. Plan a longer hold.
• Guilford County population projected at +26% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 45 days — a 3% lower offer ($170k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 2y ago; this cycle's ask is 30% above the opening price — seller raised mid-cycle; expect resistance to lowballs.

Risks & watch-outs

• Watch-outs: built in 1927 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: extreme-heat days projected 7→17/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $153,271 (12.4% below list)

Questions for the listing agent

1. It's been on market 45 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1927 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
5. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
6. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
7. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.88% ✗
• Cap rate: 6.92%
• Cash-on-cash: 2.23%
• DSCR: 1.10
• GRM: 9.5

CMA / ARV

• ARV (on-the-fly): $230,400
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
2702 Lynfield Ln	0.17mi	3/1.5	1,150 (-0%)	8mo	$229,000	$199	84
2619 Pinecroft Rd	0.18mi	2/2.0 (-1)	1,154 (+0%)	2mo	$190,000	$165	80
2619 Darden Rd	0.16mi	3/2.0	1,153 (+0%)	10mo	$230,000	$199	80
3017 Locksley Ln	0.23mi	3/2.0	1,178 (+2%)	9mo	$240,000	$204	74
3011 Royalton Dr	0.35mi	3/2.0	1,232 (+7%)	4mo	$196,000	$159	65
3000 Shallowford Dr	0.50mi	3/2.0	1,187 (+3%)	8mo	$237,000	$200	61
3909 Daye Dr	0.39mi	3/2.0	1,024 (-11%)	6mo	$215,000	$210	54
2201 Decca St	0.66mi	3/1.0	1,120 (-3%)	12mo	$225,900	$202	54
3011 Darden Rd	0.51mi	3/1.5	1,250 (+8%)	11mo	$225,000	$180	51
2307 Pineview Dr	0.71mi	3/2.0	1,214 (+5%)	10mo	$246,800	$203	46
2805 Four Seasons Blvd	0.55mi	4/1.0 (+1)	1,271 (+10%)	10mo	$189,000	$149	44
1300 W Vandalia Rd	0.43mi	2/3.0 (-1)	1,283 (+11%)	11mo	$270,000	$210	38

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 2.18% rent growth · sell at horizon

5-year hold

• IRR: -13.7%
• Equity multiple: 0.51×
• Total profit: $-23,853
• Equity at exit: $26,093

10-year hold

• IRR: -6.1%
• Equity multiple: 0.62×
• Total profit: $-18,507
• Equity at exit: $15,131

Cash invested: $49,000 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 85 Strongly Landlord-Friendly
• State North Carolina: 85 Strongly Landlord-Friendly · R+3
• County: — inherits STATE
• City: — inherits STATE

10-day notice; preempted; landlord-favorable but court speed varies.

Methodology + full state rankings →

ZIP-level market 27406

• Rents YoY: 2.2%
• Active inventory: 261
• Price-to-rent: 9.5×

Monthly cashflow live

• Estimated rent: $1,533 high
• Mortgage (P&I): −$918
• Tax from tax record: −$129 /mo · $1,551/yr
• Insurance: −$73
• HOA: −$0
• Vacancy / Maint / Mgmt: −$322
• Net cashflow: $91

Break-even live

Break-even rent $1,418

Max offer price $175,000

Occupancy floor 89%

Sensitivity live

Price	-10% $190	-5% $140	+0% $91	+5% $41	+10% $-8
Rent	-10% $-30	-5% $30	+0% $91	+5% $151	+10% $212
Rate	-1.0pp $179	-0.5pp $135	base $91	+0.5pp $46	+1.0pp $-1

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $43,750
• Closing costs: $5,250
• Reserves months: —
• Total cash needed: —

Rent comps 16 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2 Pipers Glen Ct Greensboro, NC	3.0	2.0	1400	$1,750	$1.25	19d	1	0.02mi
3216 S Holden Rd Greensboro, NC	1.0–2.0	1.0–2.0	780	$950	$1.22	24d	6	0.57mi
2705 Four Seasons Blvd Greensboro, NC	2.0	1.5	960	$1,219	$1.27	15d	3	0.71mi
9 Summertree Ln Greensboro, NC	1.0–2.0	1.0	802	$995	$1.24	15d	5	0.73mi
3203 Cypress Park Rd Unit C Greensboro, NC	2.0	2.5	1316	$1,250	$0.95	24d	1	0.77mi
3607 McCuiston Rd #52 Greensboro, NC	3.0	2.0	1200	$1,550	$1.29	24d	1	0.99mi
2309 Bridgette Blvd Greensboro, NC	3.0	2.0	1400	$1,600	$1.14	19d	1	1.00mi
2204 Celeste Ct Greensboro, NC	3.0	1.5	1318	$1,695	$1.29	24d	1	1.02mi
2305 Vanstory St Unit 2305-A Greensboro, NC	2.0	1.5	1050	$1,150	$1.10	19d	1	1.11mi
2826 Vanstory St Greensboro, NC	1.0–2.0	1.0–2.0	993	$1,595	$1.61	15d	22	1.16mi
1139 Glendale Dr Greensboro, NC	2.0	2.5	1152	$1,550	$1.35	24d	1	1.18mi
3501 Farmington Dr Greensboro, NC	1.0–3.0	1.0–2.5	1017	$1,910	$1.88	15d	34	1.24mi
1015 Glendale Dr Greensboro, NC	1.0–2.0	1.0	730	$1,103	$1.51	21d	4	1.33mi
1032 Quinlan Dr Greensboro, NC	3.0	2.5	1398	$1,885	$1.35	24d	1	1.38mi
3755 Oakwood Dr Greensboro, NC	2.0	1.0–1.5	850	$888	$1.04	24d	2	1.48mi
2003 Urban Dr Greensboro, NC	3.0	1.5	1107	$1,495	$1.35	21d	1	1.48mi

Listing history 23 events

1. 2026-06-18
   days on market $175,000 Active 45 DOM
2. 2026-06-17
   days on market $175,000 Active 44 DOM
3. 2026-06-16
   days on market $175,000 Active 43 DOM
4. 2026-06-15
   days on market $175,000 Active 42 DOM
5. 2026-06-14
   days on market $175,000 Active 40 DOM
6. 2026-06-10
   days on market $175,000 Active 37 DOM
7. 2026-06-09
   days on market $175,000 Active 36 DOM
8. 2026-06-08
   days on market $175,000 Active 35 DOM
9. 2026-06-07
   days on market $175,000 Active 34 DOM
10. 2026-06-03
    days on market $175,000 Active 30 DOM
11. 2026-06-02
    days on market $175,000 Active 29 DOM
12. 2026-06-01
    days on market $175,000 Active 28 DOM
13. 2026-05-31
    days on market $175,000 Active 27 DOM
14. 2026-05-31
    remarks 70-char remark
15. 2026-05-31
    pricedays on market $175,000 Active 26 DOM
16. 2026-05-04
    listed $135,000 Active
17. 2025-03-14
    soldstatus $215,000 Closed 571-char remark

    Show marketing remark (571 chars)

    This beautifully remodeled home is ready for you to make it your own. Relax in the beautiful heated and cooled sunroom or get some work done in your beautiful home office. This great three bedroom home is full of architectural extras. The upstairs bonus room can serve as a play room or another bed room. The attic is awesome and the attic could easily be expanded to include it in the living space. This home is beautiful and conveniently located near all highway access points you can be anywhere in the triad in just minutes. Call and schedule your showing today.

18. 2025-03-14
    soldstatus $215,000

    Show marketing remark (571 chars)

    This beautifully remodeled home is ready for you to make it your own. Relax in the beautiful heated and cooled sunroom or get some work done in your beautiful home office. This great three bedroom home is full of architectural extras. The upstairs bonus room can serve as a play room or another bed room. The attic is awesome and the attic could easily be expanded to include it in the living space. This home is beautiful and conveniently located near all highway access points you can be anywhere in the triad in just minutes. Call and schedule your showing today.

19. 2025-02-18
    status Pending 571-char remark

    Show marketing remark (571 chars)

    This beautifully remodeled home is ready for you to make it your own. Relax in the beautiful heated and cooled sunroom or get some work done in your beautiful home office. This great three bedroom home is full of architectural extras. The upstairs bonus room can serve as a play room or another bed room. The attic is awesome and the attic could easily be expanded to include it in the living space. This home is beautiful and conveniently located near all highway access points you can be anywhere in the triad in just minutes. Call and schedule your showing today.

20. 2025-02-07
    historical Due Diligence Period 571-char remark

    Show marketing remark (571 chars)

    This beautifully remodeled home is ready for you to make it your own. Relax in the beautiful heated and cooled sunroom or get some work done in your beautiful home office. This great three bedroom home is full of architectural extras. The upstairs bonus room can serve as a play room or another bed room. The attic is awesome and the attic could easily be expanded to include it in the living space. This home is beautiful and conveniently located near all highway access points you can be anywhere in the triad in just minutes. Call and schedule your showing today.

21. 2025-01-12
    price $220,000 571-char remark

    Show marketing remark (571 chars)

    This beautifully remodeled home is ready for you to make it your own. Relax in the beautiful heated and cooled sunroom or get some work done in your beautiful home office. This great three bedroom home is full of architectural extras. The upstairs bonus room can serve as a play room or another bed room. The attic is awesome and the attic could easily be expanded to include it in the living space. This home is beautiful and conveniently located near all highway access points you can be anywhere in the triad in just minutes. Call and schedule your showing today.

22. 2024-11-04
    price $235,000 571-char remark

    Show marketing remark (571 chars)

    This beautifully remodeled home is ready for you to make it your own. Relax in the beautiful heated and cooled sunroom or get some work done in your beautiful home office. This great three bedroom home is full of architectural extras. The upstairs bonus room can serve as a play room or another bed room. The attic is awesome and the attic could easily be expanded to include it in the living space. This home is beautiful and conveniently located near all highway access points you can be anywhere in the triad in just minutes. Call and schedule your showing today.

23. 2024-10-25
    listed $250,000 Active 571-char remark

    Show marketing remark (571 chars)

    This beautifully remodeled home is ready for you to make it your own. Relax in the beautiful heated and cooled sunroom or get some work done in your beautiful home office. This great three bedroom home is full of architectural extras. The upstairs bonus room can serve as a play room or another bed room. The attic is awesome and the attic could easily be expanded to include it in the living space. This home is beautiful and conveniently located near all highway access points you can be anywhere in the triad in just minutes. Call and schedule your showing today.

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast NC · Resets to sale price

• Current annual tax: $1,551 · $129/mo
• Projected year-2 tax: $1,551 · $129/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 5/10 Major 7 d/yr ≥103°F today · 17 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 19% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $18,393
• − Mortgage interest: −$9,803
• − Property taxes: −$1,551
• − Insurance: −$875
• − Repairs & maintenance: −$1,471
• − Management: −$1,471
• − Depreciation: −$5,091
• Taxable loss: −$1,870
• Est. tax savings @ 24.0%: +$449
• After-tax cash flow: $1,540/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Guilford County Schools
• NCES district ID: 3701920
• Math proficiency: 39% ▲ 1.00%
• Reading proficiency: 45% ▲ 1.00%
• Median HH income: $46,315
• Composite: 35.78/100
• National rank: #4842
• State rank: #99 of 178 in NC

Livability — Greensboro

• Score: 81/100
• State rank: #12
• US rank: #1335

Category grades

Amenities A+ Commute A+ Cost of living A+ Crime F Employment D Housing A+ Health & safety A+ User ratings B+

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Greensboro, NC
• County: Guilford County · 487,190 people
• City population: 329,421
• Metro: Greensboro-High Point, NC
• Population (ZIP): 60,651
• Household income: $59,563
• Rent vs Own: 44.4% rent · 55.6% own
• Severe rent burden: 2462.0

Population outlook (Guilford County) Hauer SSP2

• Today (2025): 584,596 people
• By 2030: 616,851 · +5.5%
• By 2040: 678,451 · +16.1%
• By 2050: 734,788 · +25.7%
• By 2075: 862,985 · +47.6%
• By 2100: 948,704 · +62.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.64)
• Race & ethnicity: Black 52% White 26% Hispanic / Latino 13% Two or more races 10% Asian 2%
• Hispanic origin (detail): Mexican 7% Puerto Rican 2%
• Common ancestry: Italian 1% Serbian 1% Lithuanian 1%
• Foreign-born: 10% · Canada, Vietnam, United Kingdom
• Languages at home: 83% English-only · Spanish 11% Vietnamese 1% Other Asian/Pacific 1%

Political lean MEDSL · Guilford

• 2024 margin: Strong D (+21.8) · D 60.2% · R 38.4% · Other 1.4%
• 2008→2024 swing: +3.5pp toward D · 2008: 18.4pp · 2024: 21.8pp
• All cycles: 2024: D+21.8 2020: D+23.1 2016: D+20.0 2012: D+16.5 2008: D+18.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -146.70%
• Current HPI: 243.2612
• Rent YoY: ▲ 2.18%
• Metro: Greensboro-High Point, NC
• State GDP YoY: ▲ 3.28%
• F500 in state: 26

Industry mix (Fortune 500 HQ in NC)

Industry	F500 HQs	Revenue
▸Financial Services	2	$213B
▸Retail	2	$95B
▸Industrial Conglomerate	1	$38B
▸Metals / Steel	1	$35B
▸Utilities	1	$30B
▸Industrial Machinery	1	$19B

Price history

-46.0% since first listed

8 events — show timeline

• 2026-05-04 Listed $135,000 Triad MLS
• 2025-03-14 Sold (Public Records) $215,000 Public Records
• 2025-03-14 Sold (MLS) $215,000 Triad MLS
• 2025-02-18 Pending — Triad MLS
• 2025-02-07 Contingent — Triad MLS
• 2025-01-12 Price Changed $220,000 Triad MLS
• 2024-11-04 Price Changed $235,000 Triad MLS
• 2024-10-25 Listed $250,000 Triad MLS

Property tax history

+0.4%/yr

Latest (2025): $1,551 · -1.0% YoY. Source: county tax records.