330 E Stallings St · Clayton, NC 27520

$125,000

2 bd · 1.0 ba · 768 sqft · SingleFamily public records · 94 Days on market

Built 1900 0.27 ac lot Est $209k · 40% under

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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 +23.5/30.0
• ARV discount +15.0/15.0
• DSCR +7.5/10.0
• 1% rule +5.6/10.0
• Schools +3.5/10.0
• Livability +3.5/5.0
• Rent growth +2.7/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Location, location, location- renovated homes on this block are selling for top dollar! HOME IS RENTED FOR $750 a month- instant income! This home is conveniently located to thriving downtown Clayton- restaurants, breweries, parks, ect. Lot has already been subdivided- two buildable lots. NEW roof in 2019 and new siding. Tons of character! The spacious kitchen with updated countertops and flooring is flooded by tons of natural light!

Key facts

• Big backyard
• Bathroom renovations
• Large lot

Tags

• LARGE LOT
• BIG BACKYARD
• NEW PLAYGROUND
• WALKABLE TO HISTORIC DOWNTOWN
• BATHROOM RENOVATIONS
• NEW FRONT DOOR

Property features AI

Finance

• Other: Lot approximately 0.27 acres; No pool; No other structures
• HOA & community: No association

Exterior

• Parking: Driveway with gravel surface; 2 open parking spaces
• Utilities: Public water; Public sewer; Electricity available; Sewer available
• Home design: One-story house
• Construction: Brick and vinyl siding exterior; Composition roof; Brick/mortar foundation; Built with living area of 748
• Exterior features: Covered front porch; Back yard fencing

Interior

• Bedrooms: 2 bedrooms (both on the main level)
• Flooring: Laminate; Linoleum; Tile; Vinyl
• Bathrooms: 1 full bathroom
• Heating & cooling: Forced air heating; Central air conditioning
• Interior features: Walk-in shower
• Laundry & utility: Laundry room with outside access

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $125k.

Deal economics

• At list price, monthly cash flow is $233 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $125k).
• Recommended offer: $114k (9.0% below list) — sets the bar for market timing.
• Cap rate 8.5% vs local median 3.4% in Clayton — 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 69/100 on livability (#155 in NC) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, crime A-; Watch: amenities F, commute F.
• Johnston County Public Schools (rural): math 39% / reading 42% proficiency, ranked #105 of 178 in NC (top 59%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Cooper Academy (math 22% / reading 29%, grade F, #1,093 of 1,410 statewide, top 78%, 444 students, 68% FRL); Riverwood Middle (math 46% / reading 50%, grade C-, #134 of 475 statewide, top 29%, 948 students, 42% FRL); Clayton High (math 50% / reading 48%, grade D, #325 of 535 statewide, top 61%, 2,024 students, 42% FRL).
• Market conditions: Rents flat; 765 active listings in the ZIP; 20 comparable units currently listed for rent nearby; rentals at typical pace (median 26d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 2,783 units permitted in Johnston County in 2024 (6 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $864 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Johnston County population projected at +37% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 94 days — a 9% lower offer ($114k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 10y ago; this cycle's ask has dropped $15k (11%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $98k; 28% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: built in 1900 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major wind risk, 65% chance of damaging wind over 30y; extreme-heat days projected 7→17/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $113,750 (9.0% below list)

Questions for the listing agent

1. It's been on market 94 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. Built in 1900 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
6. 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.
7. 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.
8. 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: 1.06% ✓
• Cap rate: 8.53%
• Cash-on-cash: 7.97%
• DSCR: 1.35
• GRM: 7.8

CMA / ARV

• ARV (on-the-fly): $208,896
• Comps found: 4

Show comp detail 4 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
513 Camel St	0.34mi	2/1.0	818 (+6%)	6mo	$235,000	$287	68
549 N Fayetteville St	0.39mi	2/1.0	691 (-10%)	20mo	$173,000	$250	48
500 John St St	0.58mi	2/2.0	828 (+8%)	12mo	$225,000	$272	46
414 N Kildee St	0.50mi	2/1.0	850 (+11%)	22mo	$185,000	$218	41

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 · 0.79% rent growth · sell at horizon

5-year hold

• IRR: -6.6%
• Equity multiple: 0.76×
• Total profit: $-8,346
• Equity at exit: $18,638

10-year hold

• IRR: 0.2%
• Equity multiple: 1.01×
• Total profit: $409
• Equity at exit: $10,808

Cash invested: $35,000 (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 27520

• Home prices YoY: -28.3%
• Rents YoY: 0.8%
• Active inventory: 765
• Price-to-rent: 7.8×

Monthly cashflow live

• Estimated rent: $1,331 high
• Mortgage (P&I): −$656
• Tax from tax record: −$111 /mo · $1,333/yr
• Insurance: −$52
• HOA: −$0
• Vacancy / Maint / Mgmt: −$279
• Net cashflow: $233

Break-even live

Break-even rent $1,036

Max offer price $125,000

Occupancy floor 78%

Sensitivity live

Price	-10% $303	-5% $268	+0% $233	+5% $197	+10% $162
Rent	-10% $127	-5% $180	+0% $233	+5% $285	+10% $338
Rate	-1.0pp $296	-0.5pp $264	base $233	+0.5pp $200	+1.0pp $167

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: $31,250
• Closing costs: $3,750
• Reserves months: —
• Total cash needed: —

Rent comps 20 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
339 N Church St Clayton, NC	2.0	2.0	1000	$1,300	$1.30	25d	1	0.24mi
101 Shady Ln Clayton, NC	3.0	1.5	1014	$1,000	$0.99	14d	1	0.35mi
430 S Smith St Unit C Clayton, NC	2.0	1.0	700	$1,175	$1.68	25d	1	0.46mi
629 N O'Neil St Clayton, NC	1.0	1.0	607	$1,205	$1.99	6d	1	0.50mi
629 N O'Neil St Apt 103 Clayton, NC	1.0	1.0	607	$1,205	$1.99	25d	1	0.50mi
639 N O'Neil St Clayton, NC	1.0	1.0	607	$1,205	$1.99	18d	1	0.50mi
625 N O'Neil St Clayton, NC	1.0	1.0	606	$1,215	$2.00	25d	1	0.50mi
629 N O'Neil St Apt 102 Clayton, NC	1.0	1.0	658	$1,245	$1.89	25d	1	0.50mi
639 N O'Neil St Unit 103 Clayton, NC	1.0	1.0	607	$1,205	$1.99	25d	1	0.52mi
651 N O'Neil St Clayton, NC	1.0	1.0	606	$1,205	$1.99	6d	1	0.54mi
500 John St Clayton, NC	2.0	2.0	828	$1,070	$1.29	13d	1	0.57mi
711 N O'Neil St Clayton, NC	1.0	1.0	607	$1,215	$2.00	18d	1	0.57mi
705 N O'Neil St Clayton, NC	1.0	1.0	606	$1,205	$1.99	25d	1	0.58mi
56 Bent Branch Loop Clayton, NC	1.0	1.0	914	$1,416	$1.55	21d	1	0.65mi
361 S Moore St Clayton, NC	2.0	2.0	726	$1,200	$1.65	25d	1	0.95mi
832 W Stallings St Clayton, NC	2.0	1.0	788	$1,800	$2.28	3d	1	0.95mi
549 Moore St Clayton, NC	1.0	1.0	530	$969	$1.83	25d	1	0.98mi
171 Brick Kiln Loop Clayton, NC	2.0	2.5	1054	$1,565	$1.48	25d	1	1.20mi
133 Liberty Ln Clayton, NC	1.0	1.5	1000	$800	$0.80	25d	1	1.22mi
133 Liberty Ln Clayton, NC	1.0	2.0	1000	$800	$0.80	13d	1	1.22mi

Listing history 20 events

1. 2026-05-13
   status Pending
2. 2026-03-11
   status Active
3. 2026-02-14
   status Pending
4. 2026-01-30
   status Active
5. 2026-01-30
   price $125,000
6. 2026-01-02
   status Pending
7. 2025-12-17
   listed $140,000 Active
8. 2020-05-08
   soldstatus $98,000 Closed 437-char remark

   Show marketing remark (437 chars)

   Location, location, location- renovated homes on this block are selling for top dollar! HOME IS RENTED FOR $750 a month- instant income! This home is conveniently located to thriving downtown Clayton- restaurants, breweries, parks, ect. Lot has already been subdivided- two buildable lots. NEW roof in 2019 and new siding. Tons of character! The spacious kitchen with updated countertops and flooring is flooded by tons of natural light!

9. 2020-05-08
   soldstatus $98,000

   Show marketing remark (437 chars)

   Location, location, location- renovated homes on this block are selling for top dollar! HOME IS RENTED FOR $750 a month- instant income! This home is conveniently located to thriving downtown Clayton- restaurants, breweries, parks, ect. Lot has already been subdivided- two buildable lots. NEW roof in 2019 and new siding. Tons of character! The spacious kitchen with updated countertops and flooring is flooded by tons of natural light!

10. 2020-03-21
    status Pending 437-char remark

    Show marketing remark (437 chars)

    Location, location, location- renovated homes on this block are selling for top dollar! HOME IS RENTED FOR $750 a month- instant income! This home is conveniently located to thriving downtown Clayton- restaurants, breweries, parks, ect. Lot has already been subdivided- two buildable lots. NEW roof in 2019 and new siding. Tons of character! The spacious kitchen with updated countertops and flooring is flooded by tons of natural light!

11. 2020-03-17
    price $85,000 437-char remark

    Show marketing remark (437 chars)

    Location, location, location- renovated homes on this block are selling for top dollar! HOME IS RENTED FOR $750 a month- instant income! This home is conveniently located to thriving downtown Clayton- restaurants, breweries, parks, ect. Lot has already been subdivided- two buildable lots. NEW roof in 2019 and new siding. Tons of character! The spacious kitchen with updated countertops and flooring is flooded by tons of natural light!

12. 2020-02-25
    price $100,000 437-char remark

    Show marketing remark (437 chars)

    Location, location, location- renovated homes on this block are selling for top dollar! HOME IS RENTED FOR $750 a month- instant income! This home is conveniently located to thriving downtown Clayton- restaurants, breweries, parks, ect. Lot has already been subdivided- two buildable lots. NEW roof in 2019 and new siding. Tons of character! The spacious kitchen with updated countertops and flooring is flooded by tons of natural light!

13. 2020-02-22
    price $101,000 437-char remark

    Show marketing remark (437 chars)

    Location, location, location- renovated homes on this block are selling for top dollar! HOME IS RENTED FOR $750 a month- instant income! This home is conveniently located to thriving downtown Clayton- restaurants, breweries, parks, ect. Lot has already been subdivided- two buildable lots. NEW roof in 2019 and new siding. Tons of character! The spacious kitchen with updated countertops and flooring is flooded by tons of natural light!

14. 2020-02-08
    price $101,900 437-char remark

    Show marketing remark (437 chars)

    Location, location, location- renovated homes on this block are selling for top dollar! HOME IS RENTED FOR $750 a month- instant income! This home is conveniently located to thriving downtown Clayton- restaurants, breweries, parks, ect. Lot has already been subdivided- two buildable lots. NEW roof in 2019 and new siding. Tons of character! The spacious kitchen with updated countertops and flooring is flooded by tons of natural light!

15. 2020-01-22
    listed $102,000 Active 437-char remark

    Show marketing remark (437 chars)

    Location, location, location- renovated homes on this block are selling for top dollar! HOME IS RENTED FOR $750 a month- instant income! This home is conveniently located to thriving downtown Clayton- restaurants, breweries, parks, ect. Lot has already been subdivided- two buildable lots. NEW roof in 2019 and new siding. Tons of character! The spacious kitchen with updated countertops and flooring is flooded by tons of natural light!

16. 2016-10-07
    soldstatus $40,000 Closed 250-char remark

    Show marketing remark (250 chars)

    Calling all investors! This is a 2 bedroom 1 bath home located in downtown Clayton, right across from the All Star Park and Pavilion. Fresh paint, brand new Hot Water heater and new linoleum await you. Backyard large and waiting for the right owner!

17. 2016-10-07
    soldstatus $40,000

    Show marketing remark (250 chars)

    Calling all investors! This is a 2 bedroom 1 bath home located in downtown Clayton, right across from the All Star Park and Pavilion. Fresh paint, brand new Hot Water heater and new linoleum await you. Backyard large and waiting for the right owner!

18. 2016-08-08
    status Pending 250-char remark

    Show marketing remark (250 chars)

    Calling all investors! This is a 2 bedroom 1 bath home located in downtown Clayton, right across from the All Star Park and Pavilion. Fresh paint, brand new Hot Water heater and new linoleum await you. Backyard large and waiting for the right owner!

19. 2016-07-29
    price $42,000 250-char remark

    Show marketing remark (250 chars)

    Calling all investors! This is a 2 bedroom 1 bath home located in downtown Clayton, right across from the All Star Park and Pavilion. Fresh paint, brand new Hot Water heater and new linoleum await you. Backyard large and waiting for the right owner!

20. 2016-07-20
    listed $52,000 Active 250-char remark

    Show marketing remark (250 chars)

    Calling all investors! This is a 2 bedroom 1 bath home located in downtown Clayton, right across from the All Star Park and Pavilion. Fresh paint, brand new Hot Water heater and new linoleum await you. Backyard large and waiting for the right owner!

ⓘ 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: $1,333 · $111/mo
• Projected year-2 tax: $1,333 · $111/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 6/10 Major 7 d/yr ≥105°F today · 17 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 65% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $15,968
• − Mortgage interest: −$7,002
• − Property taxes: −$1,333
• − Insurance: −$625
• − Repairs & maintenance: −$1,277
• − Management: −$1,277
• − Depreciation: −$3,636
• Taxable income: $817
• Est. tax owed @ 24.0%: −$196
• After-tax cash flow: $2,595/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: Johnston County Public Schools
• NCES district ID: 3702370
• Math proficiency: 39% ▲ 4.00%
• Reading proficiency: 42% ▲ 2.00%
• Median HH income: $50,912
• Composite: 34.99/100
• National rank: #5052
• State rank: #105 of 178 in NC

Livability — Clayton

• Score: 69/100
• State rank: #155
• US rank: #8516

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Clayton, NC
• County: Johnston County · 175,441 people
• City population: 87,270
• Metro: Raleigh-Cary, NC
• Population (ZIP): 48,014
• Household income: $86,322
• Rent vs Own: 25.7% rent · 74.3% own
• Severe rent burden: 760.0

Population outlook (Johnston County) Hauer SSP2

• Today (2025): 222,440 people
• By 2030: 240,227 · +8.0%
• By 2040: 274,616 · +23.5%
• By 2050: 304,915 · +37.1%
• By 2075: 369,507 · +66.1%
• By 2100: 406,280 · +82.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.59)
• Race & ethnicity: White 58% Black 22% Hispanic / Latino 17% Two or more races 7%
• Hispanic origin (detail): Mexican 10% Puerto Rican 2%
• Common ancestry: Serbian 3% Romanian 2% Italian 2%
• Foreign-born: 9% · Canada, Dominican Republic, Jamaica
• Languages at home: 82% English-only · Spanish 14% Arabic 1% French/Haitian/Cajun 1%

Political lean MEDSL · Johnston

• 2024 margin: Strong R (+21.5) · D 38.7% · R 60.2% · Other 1.1%
• 2008→2024 swing: +2.2pp toward D · 2008: -23.7pp · 2024: -21.5pp
• All cycles: 2024: R+21.5 2020: R+24.3 2016: R+30.7 2012: R+27.8 2008: R+23.7

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -93.88%
• Current HPI: 238.2079
• Rent YoY: ▲ 0.79%
• Metro: Raleigh-Cary, 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

+140.4% since first listed

20 events — show timeline

• 2026-05-13 Pending — TMLS
• 2026-03-11 Relisted — TMLS
• 2026-02-14 Pending — TMLS
• 2026-01-30 Relisted — TMLS
• 2026-01-30 Price Changed $125,000 TMLS
• 2026-01-02 Pending — TMLS
• 2025-12-17 Listed $140,000 TMLS
• 2020-05-08 Sold (Public Records) $98,000 Public Records
• 2020-05-08 Sold (MLS) $98,000 TMLS
• 2020-03-21 Pending — TMLS
• 2020-03-17 Price Changed $85,000 TMLS
• 2020-02-25 Price Changed $100,000 TMLS
• 2020-02-22 Price Changed $101,000 TMLS
• 2020-02-08 Price Changed $101,900 TMLS
• 2020-01-22 Listed $102,000 TMLS
• 2016-10-07 Sold (Public Records) $40,000 Public Records
• 2016-10-07 Sold (MLS) $40,000 TMLS
• 2016-08-08 Pending — TMLS
• 2016-07-29 Price Changed $42,000 TMLS
• 2016-07-20 Listed $52,000 TMLS

Property tax history

+6.4%/yr

Latest (2025): $1,333 · +58.9% YoY. Source: county tax records.