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7505 Oliver Park Dr
D Composite 41.43
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

7505 Oliver Park Dr · Burlington, NC 27377
3 bd · 2.5 ba · 1,655 sqft · Townhouse public records · 65 Days on market
Built 2017 1,742 sqft lot Est $261k · at est. $165/mo HOA · 8% of rent

🖨 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

PRIVATE REAR PATIOLARGE KITCHENSEPARATE PANTRYGENEROUS SITTING AREALARGE WALK-IN CLOSETINVITING COVERED FRONT PORCH

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

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

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.
Recommended offer $205,992 (20.7% below list)

Questions for the listing agent

  1. 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?
  2. 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?
  3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  6. 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?
  7. 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?
  8. 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?
  9. 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.
  10. 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.
  11. 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

5-year hold
IRR
-1.2%
Equity multiple
0.94×
Total profit
$-4,380
Equity at exit
$88,940
10-year hold
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
10-day notice; preempted; landlord-favorable but court speed varies.

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

Break-even rent $2,290
Max offer price $227,799
Occupancy floor

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

AddressBedsBaths SqftRent$/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

  1. 2026-04-07
    listed $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.

  2. 2026-04-06
    soldstatus 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.

  3. 2026-03-22
    listed $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.

  4. 2026-03-22
    listed $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.

  5. 2017-07-12
    soldstatus $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!

  6. 2017-07-12
    soldstatus $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!

  7. 2017-07-12
    soldstatus $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!

  8. 2017-07-12
    soldstatus $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!

  9. 2017-07-12
    soldstatus $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!

  10. 2017-06-06
    status 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!

  11. 2017-06-06
    status 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!

  12. 2017-06-06
    historical
    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!

  13. 2017-03-07
    price $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!

  14. 2017-03-07
    price $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!

  15. 2016-11-11
    listed $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!

  16. 2016-11-11
    listed $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!

  17. 2016-11-10
    listed $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!

  18. 2016-11-10
    listed $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!

  19. 2016-11-10
    listed $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
combined federal + state — saved on this device
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

Amenities F Commute D+ 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
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
29.9% rent · 70.1% 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

Price history

+84.5% since first listed
19 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%/yr

Latest (2025): $2,074 · -0.8% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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