102 Serenity Ln · Clyde, NC 28721

$215,000

3 bd · 2.0 ba · 1,056 sqft · Manufactured public records · 32 Days on market

Built 1984 2.15 ac lot

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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 +19.4/30.0
• ARV discount +7.5/15.0
• DSCR +6.1/10.0
• Schools +4.5/10.0
• Livability +4.0/5.0
• 1% rule +3.9/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Very well kept Doublewide in a quiet community on 2.15 private acres. The kitchen & baths have been updated, newer windows and fresh paint. Great home for first time buyers or those looking to downsize or retire. Two large out buildings for storage great covered front deck and back deck to enjoy the outdoors. This home is priced to sell make your appointment today.

Key facts

• Sunroom
• Year-round access
• 2.15 acre lot

Tags

• SUNROOM
• AMPLE SPACE FOR GARDENING
• TWO POWERED OUTBUILDINGS
• YEAR-ROUND ACCESS
• MINUTES FROM WAYNESVILLE
• MINUTES FROM ASHEVILLE

Property features AI

Finance

• HOA & community: No HOA

Exterior

• Parking: Driveway; Has a main-level garage
• Utilities: Water from a spring; Septic system installed
• Home design: Manufactured doublewide single-family residence; One story; Entry and living spaces on the main level
• Construction: Manufactured construction with vinyl exterior; Metal roof; Crawl space foundation; Built on one level
• Exterior features: Level, rolling and wooded lot; Outbuilding and shed(s); Gravel and paved access; publicly maintained road

Interior

• Kitchen: Includes dishwasher, electric oven, electric range, refrigerator
• Bedrooms: 2 bedrooms (both on the main level)
• Flooring: Carpet; Vinyl
• Bathrooms: 2 full bathrooms (on the main level)
• Heating & cooling: Electric heating with forced air; Window air conditioning units
• Interior features: 10 total rooms; Dishwasher, Electric Oven, Electric Range, Refrigerator
• Laundry & utility: Dedicated laundry room

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $215k.

Deal economics

• At list price, monthly cash flow is $242 ($3k/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 $192k (10.8% below list).
• Recommended offer: $192k (10.8% below list) — sets the bar for 1% rule.
• Cap rate 7.6% vs local median 2.8% in Clyde — 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 79/100 on livability (#20 in NC, #2,052 nationally) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: amenities F, commute F.
• Haywood County Schools (suburban): math 55% / reading 53% proficiency, ranked #50 of 178 in NC (top 28%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Zoned schools: Riverbend Elementary (math 77% / reading 77%, grade A, #38 of 1,410 statewide, top 3%, 183 students, 52% FRL); Waynesville Middle (math 49% / reading 54%, grade C, #103 of 475 statewide, top 22%, 720 students, 62% FRL); Tuscola High (math 57% / reading 60%, grade C, #235 of 535 statewide, top 45%, 917 students, 49% FRL).
• Market conditions: 159 active listings in the ZIP; 537 units permitted in Haywood County in 2024 (150 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $6k of value loss. Plan a longer hold.

Negotiation context

• It's been on market 32 days — a 3% lower offer ($209k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 11y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $50k; list at $215k implies a 330% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: moderate wildfire risk — expect insurance premiums to compound above CPI over the hold.

Recommended offer $191,864 (10.8% below list)

Questions for the listing agent

1. It's been on market 32 days. Have you received any prior offers? Is the seller open to a 11% concession, seller financing, or rate buy-down credit?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
4. 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.
5. 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.
6. 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: 0.89% ✗
• Cap rate: 7.64%
• Cash-on-cash: 4.82%
• DSCR: 1.21
• GRM: 9.3

CMA / ARV

No comps found within radius.

Projected returns pro-forma

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

5-year hold

• IRR: -8.8%
• Equity multiple: 0.68×
• Total profit: $-19,531
• Equity at exit: $32,057

10-year hold

• IRR: 0.6%
• Equity multiple: 1.04×
• Total profit: $2,423
• Equity at exit: $18,589

Cash invested: $60,200 (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 28721

• Home prices YoY: -20.8%
• Active inventory: 159
• Price-to-rent: 9.3×

Monthly cashflow live

• Estimated rent: $1,919 medium
• Mortgage (P&I): −$1,127
• Tax from tax record: −$57 /mo · $681/yr
• Insurance: −$90
• HOA: −$0
• Vacancy / Maint / Mgmt: −$403
• Net cashflow: $242

Break-even live

Break-even rent $1,612

Max offer price $215,000

Occupancy floor 82%

Sensitivity live

Price	-10% $364	-5% $303	+0% $242	+5% $181	+10% $120
Rent	-10% $90	-5% $166	+0% $242	+5% $318	+10% $394
Rate	-1.0pp $350	-0.5pp $297	base $242	+0.5pp $186	+1.0pp $130

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: $53,750
• Closing costs: $6,450
• Reserves months: —
• Total cash needed: —

Listing history 34 events

1. 2026-06-22
   days on market $215,000 Active 32 DOM
2. 2026-06-18
   days on market $215,000 Active 29 DOM
3. 2026-06-17
   days on market $215,000 Active 28 DOM
4. 2026-06-16
   days on market $215,000 Active 27 DOM
5. 2026-06-15
   days on market $215,000 Active 26 DOM
6. 2026-06-14
   days on market $215,000 Active 24 DOM
7. 2026-06-13
   days on market $215,000 Active 23 DOM
8. 2026-06-10
   days on market $215,000 Active 21 DOM
9. 2026-06-09
   days on market $215,000 Active 20 DOM
10. 2026-06-08
    days on market $215,000 Active 19 DOM
11. 2026-06-07
    days on market $215,000 Active 18 DOM
12. 2026-06-03
    days on market $215,000 Active 14 DOM
13. 2026-06-02
    days on market $215,000 Active 13 DOM
14. 2026-06-01
    days on market $215,000 Active 12 DOM
15. 2026-05-31
    days on market $215,000 Active 11 DOM
16. 2026-05-30
    days on market $215,000 Active 10 DOM
17. 2026-05-19
    listed $215,000 Active
18. 2026-02-21
    status Active
19. 2026-02-21
    price $215,000
20. 2025-11-13
    historical Active Under Contract
21. 2025-10-13
    listed $189,900 Active
22. 2016-01-11
    price $50,000 374-char remark

    Show marketing remark (374 chars)

    Very well kept Doublewide in a quiet community on 2.15 private acres. The kitchen & baths have been updated, newer windows and fresh paint. Great home for first time buyers or those looking to downsize or retire. Two large out buildings for storage great covered front deck and back deck to enjoy the outdoors. This home is priced to sell make your appointment today.

23. 2016-01-08
    soldstatus $50,000 374-char remark

    Show marketing remark (374 chars)

    Very well kept Doublewide in a quiet community on 2.15 private acres. The kitchen & baths have been updated, newer windows and fresh paint. Great home for first time buyers or those looking to downsize or retire. Two large out buildings for storage great covered front deck and back deck to enjoy the outdoors. This home is priced to sell make your appointment today.

24. 2016-01-08
    soldstatus $50,000 Sold 374-char remark

    Show marketing remark (374 chars)

    Very well kept Doublewide in a quiet community on 2.15 private acres. The kitchen & baths have been updated, newer windows and fresh paint. Great home for first time buyers or those looking to downsize or retire. Two large out buildings for storage great covered front deck and back deck to enjoy the outdoors. This home is priced to sell make your appointment today.

25. 2016-01-08
    soldstatus $50,000

    Show marketing remark (374 chars)

    Very well kept Doublewide in a quiet community on 2.15 private acres. The kitchen & baths have been updated, newer windows and fresh paint. Great home for first time buyers or those looking to downsize or retire. Two large out buildings for storage great covered front deck and back deck to enjoy the outdoors. This home is priced to sell make your appointment today.

26. 2015-12-19
    historical 374-char remark

    Show marketing remark (374 chars)

    Very well kept Doublewide in a quiet community on 2.15 private acres. The kitchen & baths have been updated, newer windows and fresh paint. Great home for first time buyers or those looking to downsize or retire. Two large out buildings for storage great covered front deck and back deck to enjoy the outdoors. This home is priced to sell make your appointment today.

27. 2015-12-18
    historical 374-char remark

    Show marketing remark (374 chars)

    Very well kept Doublewide in a quiet community on 2.15 private acres. The kitchen & baths have been updated, newer windows and fresh paint. Great home for first time buyers or those looking to downsize or retire. Two large out buildings for storage great covered front deck and back deck to enjoy the outdoors. This home is priced to sell make your appointment today.

28. 2015-12-11
    status Active 374-char remark

    Show marketing remark (374 chars)

    Very well kept Doublewide in a quiet community on 2.15 private acres. The kitchen & baths have been updated, newer windows and fresh paint. Great home for first time buyers or those looking to downsize or retire. Two large out buildings for storage great covered front deck and back deck to enjoy the outdoors. This home is priced to sell make your appointment today.

29. 2015-12-03
    historical 374-char remark

    Show marketing remark (374 chars)

    Very well kept Doublewide in a quiet community on 2.15 private acres. The kitchen & baths have been updated, newer windows and fresh paint. Great home for first time buyers or those looking to downsize or retire. Two large out buildings for storage great covered front deck and back deck to enjoy the outdoors. This home is priced to sell make your appointment today.

30. 2015-11-18
    listed $65,000 Active 374-char remark

    Show marketing remark (374 chars)

    Very well kept Doublewide in a quiet community on 2.15 private acres. The kitchen & baths have been updated, newer windows and fresh paint. Great home for first time buyers or those looking to downsize or retire. Two large out buildings for storage great covered front deck and back deck to enjoy the outdoors. This home is priced to sell make your appointment today.

31. 2015-09-04
    listed $65,000 374-char remark

    Show marketing remark (374 chars)

    Very well kept Doublewide in a quiet community on 2.15 private acres. The kitchen & baths have been updated, newer windows and fresh paint. Great home for first time buyers or those looking to downsize or retire. Two large out buildings for storage great covered front deck and back deck to enjoy the outdoors. This home is priced to sell make your appointment today.

32. 2007-09-12
    soldstatus $91,000
33. 2006-01-05
    soldstatus $77,000
34. 2005-06-16
    soldstatus $67,500

ⓘ 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: $681 · $57/mo
• Projected year-2 tax: $1,763 · $147/mo
• Expected delta: +$1,082/yr (+$90/mo · 159.0%)

ⓘ 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 5/10 Major
• 🌡 Heat 2/10 Low 6 d/yr ≥88°F today · 17 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $23,024
• − Mortgage interest: −$12,043
• − Property taxes: −$681
• − Insurance: −$1,075
• − Repairs & maintenance: −$1,842
• − Management: −$1,842
• − Depreciation: −$6,255
• Taxable loss: −$714
• Est. tax savings @ 24.0%: +$171
• After-tax cash flow: $3,075/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: Haywood County Schools
• NCES district ID: 3702040
• Math proficiency: 55% ▲ 7.00%
• Reading proficiency: 53% ▲ 2.00%
• Median HH income: $42,715
• Composite: 45.42/100
• National rank: #2623
• State rank: #50 of 178 in NC

Livability — Clyde

• Score: 79/100
• State rank: #20
• US rank: #2052

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Population (ZIP): 10,561

Population outlook (Haywood County) Hauer SSP2

• Today (2025): 61,607 people
• By 2030: 62,137 · +0.9%
• By 2040: 62,418 · +1.3%
• By 2050: 61,578 · +-0.0%
• By 2075: 59,137 · -4.0%
• By 2100: 53,470 · -13.2%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (89%)
• Race & ethnicity: White 89% Hispanic / Latino 8% Two or more races 7%
• Hispanic origin (detail): Mexican 4% Cuban 2%
• Common ancestry: Serbian 5% Slovak 2% Lithuanian 2%
• Foreign-born: 2% · Canada
• Languages at home: 96% English-only · Spanish 3%

Political lean MEDSL · Haywood

• 2024 margin: Strong R (+25.1) · D 36.9% · R 62.0% · Other 1.1%
• 2008→2024 swing: -17.4pp toward R · 2008: -7.8pp · 2024: -25.1pp
• All cycles: 2024: R+25.1 2020: R+26.5 2016: R+28.0 2012: R+13.8 2008: R+7.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -52.90%
• Current HPI: 201.525
• Rent YoY: —
• Metro: —
• 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

+218.5% since first listed

18 events — show timeline

• 2026-05-19 Listed $215,000 CANOPYMLS as Distributed by MLS Grid
• 2026-02-21 Relisted — CANOPYMLS as Distributed by MLS Grid
• 2026-02-21 Price Changed $215,000 CANOPYMLS as Distributed by MLS Grid
• 2025-11-13 Contingent — CANOPYMLS as Distributed by MLS Grid
• 2025-10-13 Listed $189,900 CANOPYMLS as Distributed by MLS Grid
• 2016-01-11 Price Changed $50,000 NCMMLS
• 2016-01-08 Sold (Public Records) $50,000 Public Records
• 2016-01-08 Sold (MLS) $50,000 NCMMLS
• 2016-01-08 Sold (MLS) $50,000 CANOPYMLS as Distributed by MLS Grid
• 2015-12-19 Delisted — NCMMLS
• 2015-12-18 Delisted — CANOPYMLS as Distributed by MLS Grid
• 2015-12-11 Relisted — NCMMLS
• 2015-12-03 Delisted — NCMMLS
• 2015-11-18 Listed $65,000 NCMMLS
• 2015-09-04 Listed $65,000 CANOPYMLS as Distributed by MLS Grid
• 2007-09-12 Sold (Public Records) $91,000 Public Records
• 2006-01-05 Sold (Public Records) $77,000 Public Records
• 2005-06-16 Sold (Public Records) $67,500 Public Records

Property tax history

+3.3%/yr

Latest (2025): $681 · +7.6% YoY. Source: county tax records.