7505 Oliver Park Dr · Burlington, NC
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 3/10 · Minor
- Est. fire insurance / yr
- $906 – $1,684
Heat risk 6/10 · Moderate
- Hot days now (above 104°F)
- 7 days/yr
- Hot days in 30 yrs
- 19 days/yr
Wind risk 5/10 · Moderate
- Chance of severe wind over 30 yrs
- 22.0%
Air-quality risk 2/10 · Minimal
- Unhealthy air days now
- 2 days/yr
- Unhealthy air days in 30 yrs
- 2 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the D 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 +9.5/30.0
- ARV discount +7.8/15.0
- Appreciation +5.5/10.0
- Schools +3.6/10.0
- Rent growth +3.5/5.0
- Livability +3.5/5.0
- 1% rule +2.9/10.0
- DSCR +2.7/10.0
- Condition / age +2.5/5.0
$259,900
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
This beautiful 3-bedroom, Townhome in the Park Place section of Spring Wood at the Park offers a spacious and functional layout perfect for comfortable living. The open floor plan features a welcoming living room with a cozy fireplace, ideal for relaxing. Just off the dining area, sliding glass doors lead to a private rear patio--perfect for grilling,. large kitchen provides ample counter space, abundant cabinetry, and a separate pantry. Upstairs, the primary suite boasts a generous sitting area, a large walk-in closet, and plenty of natural light. 2 additional bedrooms and a convenient laundry area complete the second floor. Enjoy the view from the inviting covered front porch, take advantage of the community pool, just steps away. A 1-car garage. Ideally located just across the street from the impressive 78-acre Spring Wood Park Complex, easy access to baseball and softball fields, disc golf, walking trails, playgrounds, picnic areas. just minutes from shopping, dining, & interstate.
Key facts
- Separate pantry
- Large kitchen
- Large walk-in closet
Tags
Property features AI
Finance
- Other: Community features include a fenced pool and sidewalks; Public maintained road
- HOA & community: Association: Park Place Townhome Association; Monthly association fee of $165; Association covers maintenance of grounds and structure, and trash
Exterior
- Parking: Attached garage; Garage door opener; Additional parking; 2 total parking spaces (1 garage space listed)
- Utilities: Public water; Public sewer; Cable connected; Electricity connected; Natural gas available; Sewer connected; Water connected; Underground utilities
- Home design: Townhouse; Two levels; Main entry level is 1; Entry located at main level; Zoning: Cr-Conditional Residential
- Construction: Brick veneer and vinyl siding; Shingle roof; Slab foundation; Built as a townhouse
- Exterior features: Covered front porch; Patio; Storage; Community pool (fenced); Sidewalks
Interior
- Kitchen: Electric range; Microwave; Disposal; Free-standing refrigerator; Ice maker; Exhaust fan; Laminate counters
- Bedrooms: 3 bedrooms (upper level listed for laundry; bedroom levels not specified)
- Flooring: Carpet; Luxury vinyl; Vinyl
- Bathrooms: 2 full bathrooms; 1 half bathroom
- Heating & cooling: Heat pump heating; Central air conditioning
- Interior features: Open floorplan; Entrance foyer; Pantry; Storage; Walk-in closet(s); Double vanity; Bathtub/shower combination; Wired for data; High speed internet; Sliding doors; Storm door(s); Fireplace (1)
- Laundry & utility: Laundry closet on upper level; Water heater
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/2.5-bath townhouse listed at $260k.
Deal economics
- At list price, monthly cash flow is $-182 ($-2k/yr) — negative.
- To cash-flow at today's rent, offer at most $228k (12.4% below list).
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $206k (20.7% below list).
- Recommended offer: $206k (20.7% below list) — sets the bar for 1% rule.
- Cap rate 5.5% vs local median 3.6% in Burlington — 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 70/100 on livability (#123 in NC) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: commute D+, crime F, amenities 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.
- Zoned schools: Gibsonville Elementary (math 46% / reading 46%, grade D-, #551 of 1,410 statewide, top 40%, 564 students, 60% FRL); Eastern Guilford Middle (math 26% / reading 38%, grade F, #317 of 475 statewide, top 68%, 980 students, 75% FRL); Eastern Guilford High (math 25% / reading 37%, grade F, #454 of 535 statewide, top 85%, 1,198 students, 67% FRL) — zoned schools average 68% FRL vs 52% district-wide (15 pts higher); higher-poverty schools than district average — tighter screening recommended.
- Market conditions: Rents rising fast (+4.0%/yr); 105 active listings in the ZIP; 7 comparable units currently listed for rent nearby; rentals at typical pace (median 23d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 3,843 units permitted in Guilford County in 2024 (2,397 in 5+ unit buildings).
Forward outlook
- In year one you build about $4k of equity ($2k loan paydown + $3k appreciation (1.0% local appreciation)).
- Guilford County population projected at +26% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
- By year 7, paydown + projected appreciation supports a ~$30k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.
Negotiation context
- It's been on market 65 days — a 6% lower offer ($244k) is reasonable based on typical stale-listing flexibility.
- 8 sale attempts since 10y 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 $141k; list at $260k implies a 84% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Climate carrying-cost: moderate wind risk, 22% chance of damaging wind over 30y; extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
- It's been on market 65 days. Have you received any prior offers? Is the seller open to a 21% concession, seller financing, or rate buy-down credit?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
- 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?
- The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
- 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.
- 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.
- 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
- 0.79% ✗
- Cap rate
- 5.45%
- Cash-on-cash
- -3.00%
- DSCR
- 0.87
- GRM
- 10.5
CMA / ARV
- ARV (on-the-fly)
- $261,490
- Comps found
- 12
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 7632 Oliver Park Dr | 0.11mi | 3/2.5 | 1,618 (-2%) | 8mo | $255,000 | $158 | 85 |
| 7501 Oliver Park Dr | 0.00mi | 3/2.5 | 1,743 (+5%) | 9mo | $275,000 | $158 | 83 |
| 7344 Garett Park Dr | 0.08mi | 3/2.5 | 1,472 (-11%) | 3mo | $236,000 | $160 | 76 |
| 7513 Oliver Park Dr | 0.01mi | 3/2.5 | 1,772 (+7%) | 16mo | $273,000 | $154 | 75 |
| 7360 Garett Park Dr | 0.07mi | 3/2.5 | 1,532 (-7%) | 12mo | $247,500 | $162 | 74 |
| 7691 Oliver Park Dr | 0.06mi | 3/2.5 | 1,745 (+5%) | 21mo | $276,000 | $158 | 71 |
| 7320 Colleen Park Dr | 0.05mi | 3/2.5 | 1,498 (-10%) | 14mo | $215,000 | $144 | 70 |
| 7452 Garett Park Dr | 0.06mi | 3/2.5 | 1,536 (-7%) | 20mo | $235,000 | $153 | 68 |
| 7209 Olmstead Dr Unit C | 0.32mi | 3/2.5 | 1,532 (-7%) | 12mo | $220,000 | $144 | 63 |
| 7213 Olmstead Dr | 0.33mi | 3/2.5 | 1,520 (-8%) | 11mo | $223,500 | $147 | 62 |
| 7213 Olmstead Dr Unit A | 0.33mi | 3/2.5 | 1,520 (-8%) | 11mo | $223,500 | $147 | 62 |
| 7702 Oliver Park Dr | 0.09mi | 3/2.5 | 1,450 (-12%) | 15mo | $230,000 | $159 | 62 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
1.02% appreciation · 4.0% rent growth · sell at horizon
- IRR
- -1.2%
- Equity multiple
- 0.94×
- Total profit
- $-4,380
- Equity at exit
- $88,940
- IRR
- 4.3%
- Equity multiple
- 1.54×
- Total profit
- $39,261
- Equity at exit
- $118,358
Cash invested: $72,772 (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
ZIP-level market 27377
- Home prices YoY
- 0.4%
- Rents YoY
- 4.0%
- Active inventory
- 105
- Price-to-rent
- 10.5×
Monthly cashflow live
- Estimated rent
- $2,060 high interval (Pro) →
- Mortgage (P&I)
- −$1,363
- Tax from tax record
- −$173 /mo · $2,074/yr
- Insurance
- −$108
- HOA
- −$165
- Vacancy / Maint / Mgmt
- −$433
- Net cashflow
- $-182
Break-even live
Sensitivity live
| Price | -10% $-35 | -5% $-108 | +0% $-182 | +5% $-255 | +10% $-329 |
|---|---|---|---|---|---|
| Rent | -10% $-344 | -5% $-263 | +0% $-182 | +5% $-100 | +10% $-19 |
| Rate | -1.0pp $-51 | -0.5pp $-116 | base $-182 | +0.5pp $-249 | +1.0pp $-318 |
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
- $64,975
- Closing costs
- $7,797
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 7 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 1626 Daisy Park Dr Whitsett, NC | 3.0 | 2.5 | 1419 | $1,750 | $1.23 | 25d | 1 | 0.23mi |
| 225 Brycewood Dr Burlington, NC | 4.0 | 2.5 | 1929 | $1,860 | $0.96 | 25d | 1 | 0.67mi |
| 1950 Glenkirk Dr Burlington, NC | 4.0 | 2.5 | 2076 | $2,295 | $1.11 | 23d | 1 | 1.04mi |
| 708 Hawthorn Ridge Dr Whitsett, NC | 3.0 | 2.0 | 2200 | $2,330 | $1.06 | 16d | 1 | 1.25mi |
| 541 NC Highway 61 Whitsett, NC | 3.0 | 2.5 | 1422 | $1,839 | $1.29 | 16d | 10 | 1.40mi |
| 1022 Poets Walk Rd Unit 1 Whitsett, NC | 3.0 | 2.5 | 1706 | $1,850 | $1.08 | 23d | 1 | 1.41mi |
| 941 Poets Walk Rd Whitsett, NC | 3.0 | 2.5 | 1598 | $1,850 | $1.16 | 25d | 1 | 1.47mi |
HOA detail
- Monthly dues
- $165 · $1,980/yr
- Likely covers
- landscapingpool
Listing history 19 events
-
2026-04-07$259,900 Active 1004-char remark
Show marketing remark (1004 chars)
This beautiful 3-bedroom, Townhome in the Park Place section of Spring Wood at the Park offers a spacious and functional layout perfect for comfortable living. The open floor plan features a welcoming living room with a cozy fireplace, ideal for relaxing. Just off the dining area, sliding glass doors lead to a private rear patio--perfect for grilling,. large kitchen provides ample counter space, abundant cabinetry, and a separate pantry. Upstairs, the primary suite boasts a generous sitting area, a large walk-in closet, and plenty of natural light. 2 additional bedrooms and a convenient laundry area complete the second floor. Enjoy the view from the inviting covered front porch, take advantage of the community pool, just steps away. A 1-car garage. Ideally located just across the street from the impressive 78-acre Spring Wood Park Complex, easy access to baseball and softball fields, disc golf, walking trails, playgrounds, picnic areas. just minutes from shopping, dining, & interstate.
-
2026-04-06soldstatus Closed 1004-char remark
Show marketing remark (1004 chars)
This beautiful 3-bedroom, Townhome in the Park Place section of Spring Wood at the Park offers a spacious and functional layout perfect for comfortable living. The open floor plan features a welcoming living room with a cozy fireplace, ideal for relaxing. Just off the dining area, sliding glass doors lead to a private rear patio--perfect for grilling,. large kitchen provides ample counter space, abundant cabinetry, and a separate pantry. Upstairs, the primary suite boasts a generous sitting area, a large walk-in closet, and plenty of natural light. 2 additional bedrooms and a convenient laundry area complete the second floor. Enjoy the view from the inviting covered front porch, take advantage of the community pool, just steps away. A 1-car garage. Ideally located just across the street from the impressive 78-acre Spring Wood Park Complex, easy access to baseball and softball fields, disc golf, walking trails, playgrounds, picnic areas. just minutes from shopping, dining, & interstate.
-
2026-03-22$259,900 Active 1004-char remark
Show marketing remark (1004 chars)
This beautiful 3-bedroom, Townhome in the Park Place section of Spring Wood at the Park offers a spacious and functional layout perfect for comfortable living. The open floor plan features a welcoming living room with a cozy fireplace, ideal for relaxing. Just off the dining area, sliding glass doors lead to a private rear patio--perfect for grilling,. large kitchen provides ample counter space, abundant cabinetry, and a separate pantry. Upstairs, the primary suite boasts a generous sitting area, a large walk-in closet, and plenty of natural light. 2 additional bedrooms and a convenient laundry area complete the second floor. Enjoy the view from the inviting covered front porch, take advantage of the community pool, just steps away. A 1-car garage. Ideally located just across the street from the impressive 78-acre Spring Wood Park Complex, easy access to baseball and softball fields, disc golf, walking trails, playgrounds, picnic areas. just minutes from shopping, dining, & interstate.
-
2026-03-22$259,900 Active
Show marketing remark (1004 chars)
This beautiful 3-bedroom, Townhome in the Park Place section of Spring Wood at the Park offers a spacious and functional layout perfect for comfortable living. The open floor plan features a welcoming living room with a cozy fireplace, ideal for relaxing. Just off the dining area, sliding glass doors lead to a private rear patio--perfect for grilling,. large kitchen provides ample counter space, abundant cabinetry, and a separate pantry. Upstairs, the primary suite boasts a generous sitting area, a large walk-in closet, and plenty of natural light. 2 additional bedrooms and a convenient laundry area complete the second floor. Enjoy the view from the inviting covered front porch, take advantage of the community pool, just steps away. A 1-car garage. Ideally located just across the street from the impressive 78-acre Spring Wood Park Complex, easy access to baseball and softball fields, disc golf, walking trails, playgrounds, picnic areas. just minutes from shopping, dining, & interstate.
-
2017-07-12soldstatus $141,390 Closed 380-char remark
Show marketing remark (380 chars)
The Pennsylvania - This adorable townhome features a large great room with fireplace, large dining area, kitchen with walk-in pantry and stainless steel appliances, owner’s suite with private bath, double vanities & oversized tub, 2additional bedrooms up, 1 car attached garage and plenty of community parking. Great location near the community pool! Ready early 2017!
-
2017-07-12soldstatus $141,390 Sold
Show marketing remark (380 chars)
The Pennsylvania - This adorable townhome features a large great room with fireplace, large dining area, kitchen with walk-in pantry and stainless steel appliances, owner’s suite with private bath, double vanities & oversized tub, 2additional bedrooms up, 1 car attached garage and plenty of community parking. Great location near the community pool! Ready early 2017!
-
2017-07-12soldstatus $141,390
Show marketing remark (380 chars)
The Pennsylvania - This adorable townhome features a large great room with fireplace, large dining area, kitchen with walk-in pantry and stainless steel appliances, owner’s suite with private bath, double vanities & oversized tub, 2additional bedrooms up, 1 car attached garage and plenty of community parking. Great location near the community pool! Ready early 2017!
-
2017-07-12soldstatus $141,390 380-char remark
Show marketing remark (380 chars)
The Pennsylvania - This adorable townhome features a large great room with fireplace, large dining area, kitchen with walk-in pantry and stainless steel appliances, owner’s suite with private bath, double vanities & oversized tub, 2additional bedrooms up, 1 car attached garage and plenty of community parking. Great location near the community pool! Ready early 2017!
-
2017-07-12soldstatus $141,390
Show marketing remark (380 chars)
The Pennsylvania - This adorable townhome features a large great room with fireplace, large dining area, kitchen with walk-in pantry and stainless steel appliances, owner’s suite with private bath, double vanities & oversized tub, 2additional bedrooms up, 1 car attached garage and plenty of community parking. Great location near the community pool! Ready early 2017!
-
2017-06-06status Pending 380-char remark
Show marketing remark (380 chars)
The Pennsylvania - This adorable townhome features a large great room with fireplace, large dining area, kitchen with walk-in pantry and stainless steel appliances, owner’s suite with private bath, double vanities & oversized tub, 2additional bedrooms up, 1 car attached garage and plenty of community parking. Great location near the community pool! Ready early 2017!
-
2017-06-06status Pending
Show marketing remark (380 chars)
The Pennsylvania - This adorable townhome features a large great room with fireplace, large dining area, kitchen with walk-in pantry and stainless steel appliances, owner’s suite with private bath, double vanities & oversized tub, 2additional bedrooms up, 1 car attached garage and plenty of community parking. Great location near the community pool! Ready early 2017!
-
2017-06-06historical
Show marketing remark (380 chars)
The Pennsylvania - This adorable townhome features a large great room with fireplace, large dining area, kitchen with walk-in pantry and stainless steel appliances, owner’s suite with private bath, double vanities & oversized tub, 2additional bedrooms up, 1 car attached garage and plenty of community parking. Great location near the community pool! Ready early 2017!
-
2017-03-07price $140,900 380-char remark
Show marketing remark (380 chars)
The Pennsylvania - This adorable townhome features a large great room with fireplace, large dining area, kitchen with walk-in pantry and stainless steel appliances, owner’s suite with private bath, double vanities & oversized tub, 2additional bedrooms up, 1 car attached garage and plenty of community parking. Great location near the community pool! Ready early 2017!
-
2017-03-07price $140,900
Show marketing remark (380 chars)
The Pennsylvania - This adorable townhome features a large great room with fireplace, large dining area, kitchen with walk-in pantry and stainless steel appliances, owner’s suite with private bath, double vanities & oversized tub, 2additional bedrooms up, 1 car attached garage and plenty of community parking. Great location near the community pool! Ready early 2017!
-
2016-11-11$139,900 Active
Show marketing remark (380 chars)
The Pennsylvania - This adorable townhome features a large great room with fireplace, large dining area, kitchen with walk-in pantry and stainless steel appliances, owner’s suite with private bath, double vanities & oversized tub, 2additional bedrooms up, 1 car attached garage and plenty of community parking. Great location near the community pool! Ready early 2017!
-
2016-11-11$139,900 Active 380-char remark
Show marketing remark (380 chars)
The Pennsylvania - This adorable townhome features a large great room with fireplace, large dining area, kitchen with walk-in pantry and stainless steel appliances, owner’s suite with private bath, double vanities & oversized tub, 2additional bedrooms up, 1 car attached garage and plenty of community parking. Great location near the community pool! Ready early 2017!
-
2016-11-10$140,900
Show marketing remark (380 chars)
The Pennsylvania - This adorable townhome features a large great room with fireplace, large dining area, kitchen with walk-in pantry and stainless steel appliances, owner’s suite with private bath, double vanities & oversized tub, 2additional bedrooms up, 1 car attached garage and plenty of community parking. Great location near the community pool! Ready early 2017!
-
2016-11-10$140,900 380-char remark
Show marketing remark (380 chars)
The Pennsylvania - This adorable townhome features a large great room with fireplace, large dining area, kitchen with walk-in pantry and stainless steel appliances, owner’s suite with private bath, double vanities & oversized tub, 2additional bedrooms up, 1 car attached garage and plenty of community parking. Great location near the community pool! Ready early 2017!
-
2016-11-10$140,900
Show marketing remark (380 chars)
The Pennsylvania - This adorable townhome features a large great room with fireplace, large dining area, kitchen with walk-in pantry and stainless steel appliances, owner’s suite with private bath, double vanities & oversized tub, 2additional bedrooms up, 1 car attached garage and plenty of community parking. Great location near the community pool! Ready early 2017!
ⓘ 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
- $2,074 · $173/mo
- Projected year-2 tax
- $2,131 · $178/mo
- Expected delta
- +$57/yr (+$5/mo · 2.8%)
ⓘ 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 3/10 Moderate
- Heat 6/10 Major 7 d/yr ≥104°F today · 19 d/yr by 30 yrs out
- Wind 5/10 Major 22% chance of damaging wind over 30 yrs
- Air quality 2/10 Low 2 unhealthy d/yr today · 2 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $24,719
- − Mortgage interest
- −$14,558
- − Property taxes
- −$2,074
- − Insurance
- −$1,300
- − Repairs & maintenance
- −$1,978
- − Management
- −$1,978
- − HOA
- −$1,980
- − Depreciation
- −$7,561
- Taxable loss
- −$6,709
- Est. tax savings @ 24.0%
- +$1,610
- After-tax cash flow
- $-571/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 — Burlington
- Score
- 70/100
- State rank
- #123
- US rank
- #7396
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Burlington, NC
- County
- Guilford County · 487,190 people
- City population
- 88,508
- Metro
- Greensboro-High Point, NC
- Population (ZIP)
- 10,885
- Household income
- $90,181
- Rent vs Own
- Severe rent burden
- 356.0
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 0.61)
- Race & ethnicity
- White 52% Black 34% Two or more races 8% Hispanic / Latino 5% Asian 2%
- Common ancestry
- Serbian 6% Italian 3% Lithuanian 1%
- Foreign-born
- 5% · Canada, China
- Languages at home
- 95% English-only · Spanish 2% Chinese 1% Other Indo-European 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
- ▲ 1.02%
- Current HPI
- 232.0638
- Rent YoY
- ▲ 4.00%
- 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 |
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| Metals / Steel | 1 | $35B |
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| Utilities | 1 | $30B |
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| Industrial Machinery | 1 | $19B |
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Price history
+84.5% since first listed19 events — show timeline
- 2026-04-07 Listed $259,900 Triad MLS
- 2026-04-06 Sold (MLS) — Triad MLS
- 2026-03-22 Listed $259,900 TMLS
- 2026-03-22 Listed $259,900 Triad MLS
- 2017-07-12 Sold (MLS) $141,390 TMLS
- 2017-07-12 Sold (MLS) $141,390 AMLSNC
- 2017-07-12 Sold (MLS) $141,390 AMLSNC
- 2017-07-12 Sold (MLS) $141,390 Triad MLS
- 2017-07-12 Sold (MLS) $141,390 TMLS
- 2017-06-06 Pending — TMLS
- 2017-06-06 Pending — Triad MLS
- 2017-06-06 Delisted — Triad MLS
- 2017-03-07 Price Changed $140,900 TMLS
- 2017-03-07 Price Changed $140,900 Triad MLS
- 2016-11-11 Listed $139,900 Triad MLS
- 2016-11-11 Listed $139,900 TMLS
- 2016-11-10 Listed $140,900 TMLS
- 2016-11-10 Listed $140,900 AMLSNC
- 2016-11-10 Listed $140,900 AMLSNC
Property tax history
+1.8%/yrLatest (2025): $2,074 · -0.8% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…