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8329 Paramount Pt
C Composite 58.59
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).

  • ARV discount +15.0/15.0
  • Cash flow +14.4/30.0
  • Appreciation +5.6/10.0
  • Condition / age +4.8/5.0
  • 1% rule +4.6/10.0
  • DSCR +4.4/10.0
  • Schools +3.9/10.0
  • Livability +3.4/5.0
  • Rent growth +2.5/5.0

$269,000

8329 Paramount Pt · Leland, NC 28479
3 bd · 3.0 ba · 1,650 sqft · Townhouse public records · 68 Days on market
Built 2024 Excellent condition 3,920 sqft lot Est $340k · 21% under $295/mo HOA · 11% of rent ↓ 12% since listing

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

This gorgeous ''Southport'' by Stevens Fine Homes offers luxurious finishes, wonderful amenities, backs up to greenspace & a preservation area, and is currently under construction for an estimated September 2024 completion. This exterior townhome offers 3 bedrooms, 3 baths, two primary suites, and wonderful community amenities include two community pools, clubhouse, walking paths, a brand new playground and more! The open-concept living space offers the perfect space to entertain, and the stunning kitchen features beautiful 42'' soft-close, shaker-style in a timeless white accented with oil rubbed bronze hardware, gorgeous quartz countertops, a subway tile backsplash, vintage-inspired pendant lighting, Moen oil rubbed bronze plumbing fixtures, a lighted pantry, Frigidaire stainless steel appliances and more! A spacious great room lends access to a privately fenced rear patio area, plus an outdoor storage closet. A first-floor bedroom with attached bath offers the perfect guest suite or home office space. Upstairs, you'll find two large primary suites - both of which boast cathedral ceilings, a spacious attached bath and large closet. Thoughtfully curated by our in-house designer, this lovely home features luxury vinyl plank flooring throughout the lower level living areas, quartz countertops in kitchen & all baths, elevated oil rubbed bronze lighting and plumbing fixtures and hardware, historically-inspired 5 panel interior doors, and a beautiful contemporary farmhouse-inspired exterior with black windows in the front of the home, black metal roof accents and more! This truly stunning townhome offers low-maintenance living, with the HOA covering exterior building maintenance & master insurance. Please note that photos shown are of a previously built home of the same floor plan. Finishes may vary. Completion date is an estimate & subject to change.

Key facts

  • $295 HOA
  • Garage
  • Community pool

Property features AI

Finance

  • HOA & community: Homeowners association with annual fee (derived monthly equivalent available); Community amenities: pool, clubhouse, playground, basketball court, tennis and sport courts, party room, concierge, grounds and structure maintenance, management, street lights, sidewalks

Exterior

  • Parking: Attached garage; Paved parking
  • Security: Smoke detectors
  • Utilities: Public water; Natural gas available; Sewer available; Electric service available
  • Home design: Townhouse; Two levels / 2 stories; Entry level: 1
  • Construction: Vinyl siding with frame construction; Shingle and metal roof; Slab foundation; Built on a corner lot; Irregular lot
  • Exterior features: Patio; Privacy fencing in back yard (wood and wrought iron); Pond view

Interior

  • Kitchen: Electric oven; Electric cooktop; Microwave; Dishwasher; Disposal; Refrigerator; Water purifier; ENERGY STAR qualified appliances
  • Bedrooms: Total rooms: 5
  • Flooring: Carpet; Vinyl
  • Bathrooms: 3 full bathrooms
  • Heating & cooling: Central air; Zoned cooling; Electric heating; Forced air; Zoned heating
  • Interior features: Vaulted and high ceilings; Entrance foyer; Kitchen island; Ceiling fans; Pantry; Window coverings; Insulated windows; Unfurnished
  • Laundry & utility: Washer hook-up; Washer included; Dryer included; Laundry closet; Gas 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/3.0-bath townhouse listed at $269k. Condition is rated excellent.

Deal economics

  • At list price, monthly cash flow is $54 ($653/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 $259k (3.9% below list).
  • Recommended offer: $253k (6.0% below list) — sets the bar for market timing.
  • Cap rate 6.5% vs local median 3.2% in Leland — 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 68/100 on livability (#177 in NC) — a middle-class / working-renter tenant base. Strengths: crime A+, housing A+, employment A; Watch: health & safety D, amenities F, commute F.
  • Brunswick County Schools (rural): math 45% / reading 47% proficiency, ranked #82 of 178 in NC (top 46%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Zoned schools: Belville Elementary (math 51% / reading 49%, grade D+, #409 of 1,410 statewide, top 29%, 726 students, 100% FRL); Leland Middle (math 26% / reading 36%, grade F, #326 of 475 statewide, top 69%, 780 students, 100% FRL); North Brunswick High (math 57% / reading 49%, grade C-, #281 of 535 statewide, top 53%, 1,450 students, 100% FRL) — zoned schools average 100% FRL vs 53% district-wide (46 pts higher); higher-poverty schools than district average — tighter screening recommended.
  • Market conditions: 188 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 6,112 units permitted in Brunswick County in 2024 (990 in 5+ unit buildings).

Forward outlook

  • In year one you build about $5k of equity ($2k loan paydown + $3k appreciation (1.2% local appreciation)).
  • Brunswick County population projected at +36% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
  • At projected returns (1.2% appreciation + 3.0% rent growth), your $75k cash investment doubles in ~9 years — after that, you're playing with house money.
  • By year 7, paydown + projected appreciation supports a ~$35k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

  • It's been on market 68 days — a 6% lower offer ($253k) is reasonable based on typical stale-listing flexibility.
  • 2 sale attempts since 2y 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.

Risks & watch-outs

  • Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; major wildfire risk; extreme-heat days projected 7→18/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $252,860 (6.0% below list)

Questions for the listing agent

  1. It's been on market 68 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
  2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  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. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
  6. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
  7. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

1% rule
0.96%
Cap rate
6.54%
Cash-on-cash
0.87%
DSCR
1.04
GRM
8.7

CMA / ARV

ARV (on-the-fly)
$339,900
Comps found
12
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
8239 Paramount Pt 0.12mi 3/3.0 1,650 (0%) 3mo $247,000 $150 92
8353 Paramount Pt 0.03mi 3/3.0 1,652 (+0%) 8mo $248,400 $150 91
8267 Paramount Pt 0.08mi 3/3.0 1,647 (-0%) 6mo $249,900 $152 90
8417 Paramount Pt 0.10mi 3/3.0 1,652 (+0%) 6mo $252,000 $153 90
8413 Paramount Pt 0.10mi 3/3.0 1,652 (+0%) 9mo $265,000 $160 88
6440 Pinnacle Pt 0.16mi 3/2.0 1,532 (-7%) 4mo $315,000 $206 73
2853 Southern Magnolia Dr 0.12mi 3/2.0 1,521 (-8%) 9mo $330,000 $217 70
6453 Pinnacle Pt 0.15mi 3/2.0 1,525 (-8%) 8mo $315,000 $207 70
6484 Pinnacle Pt 0.22mi 3/2.0 1,516 (-8%) 8mo $337,000 $222 66
1310 Still Bluff Ln 0.27mi 3/2.0 1,757 (+6%) 9mo $455,000 $259 65
1177 Lillibridge Dr 0.68mi 3/2.0 1,730 (+5%) 5mo $329,000 $190 52
1153 Lillibridge Dr 0.74mi 3/2.0 1,738 (+5%) 2mo $365,000 $210 51

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

Projected returns pro-forma

1.23% appreciation · 3.0% rent growth · sell at horizon

5-year hold
IRR
3.0%
Equity multiple
1.16×
Total profit
$11,695
Equity at exit
$95,111
10-year hold
IRR
7.4%
Equity multiple
1.92×
Total profit
$69,471
Equity at exit
$128,970

Cash invested: $75,320 (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 28479

Home prices YoY
0.8%
Active inventory
188
Price-to-rent
8.7×

Monthly cashflow live

Estimated rent
$2,585 medium interval (Pro) →
Mortgage (P&I)
$1,411
Tax from tax record
$170 /mo · $2,045/yr
Insurance
$112
HOA
$295
Vacancy / Maint / Mgmt
$543
Net cashflow
$54

Break-even live

Break-even rent $2,517
Max offer price $269,000
Occupancy floor 93%

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
$67,250
Closing costs
$8,070
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 4 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
4756 Scaup Way Winnabow, NC 3.0 2.0 1618 $3,500 $2.16 14d 1 0.56mi
136 N Palm Dr Winnabow, NC 3.0 2.0 1235 $1,850 $1.50 23d 1 0.87mi
136 N Palm Dr Winnabow, NC 3.0 2.0 1235 $1,850 $1.50 14d 1 0.87mi
226 Chambers St Winnabow, NC 3.0 2.0 1312 $2,100 $1.60 23d 1 1.08mi

HOA detail

Monthly dues
$295 · $3,540/yr
Likely covers
insurancepool

Listing history 21 events

  1. 2026-06-18
    days on market $269,000 Active 68 DOM
  2. 2026-06-17
    days on market $269,000 Active 67 DOM
  3. 2026-06-16
    days on market $269,000 Active 66 DOM
  4. 2026-06-15
    days on market $269,000 Active 65 DOM
  5. 2026-06-14
    days on market $269,000 Active 63 DOM
  6. 2026-06-13
    days on market $269,000 Active 62 DOM
  7. 2026-06-10
    days on market $269,000 Active 60 DOM
  8. 2026-06-09
    days on market $269,000 Active 59 DOM
  9. 2026-06-08
    days on market $269,000 Active 58 DOM
  10. 2026-06-07
    days on market $269,000 Active 57 DOM
  11. 2026-06-05
    days on market $269,000 Active 54 DOM
  12. 2026-06-03
    days on market $269,000 Active 53 DOM
  13. 2026-06-02
    days on market $269,000 Active 52 DOM
  14. 2026-06-01
    days on market $269,000 Active 51 DOM
  15. 2026-05-31
    days on market $269,000 Active 50 DOM
  16. 2026-05-30
    days on market $269,000 Active 49 DOM
  17. 2026-05-11
    price $269,000
  18. 2026-04-11
    listed $279,000 Active
  19. 2024-10-24
    soldstatus $305,400 Closed 1903-char remark
    Show marketing remark (1903 chars)

    This gorgeous ''Southport'' by Stevens Fine Homes offers luxurious finishes, wonderful amenities, backs up to greenspace & a preservation area, and is currently under construction for an estimated September 2024 completion. This exterior townhome offers 3 bedrooms, 3 baths, two primary suites, and wonderful community amenities include two community pools, clubhouse, walking paths, a brand new playground and more! The open-concept living space offers the perfect space to entertain, and the stunning kitchen features beautiful 42'' soft-close, shaker-style in a timeless white accented with oil rubbed bronze hardware, gorgeous quartz countertops, a subway tile backsplash, vintage-inspired pendant lighting, Moen oil rubbed bronze plumbing fixtures, a lighted pantry, Frigidaire stainless steel appliances and more! A spacious great room lends access to a privately fenced rear patio area, plus an outdoor storage closet. A first-floor bedroom with attached bath offers the perfect guest suite or home office space. Upstairs, you'll find two large primary suites - both of which boast cathedral ceilings, a spacious attached bath and large closet. Thoughtfully curated by our in-house designer, this lovely home features luxury vinyl plank flooring throughout the lower level living areas, quartz countertops in kitchen & all baths, elevated oil rubbed bronze lighting and plumbing fixtures and hardware, historically-inspired 5 panel interior doors, and a beautiful contemporary farmhouse-inspired exterior with black windows in the front of the home, black metal roof accents and more! This truly stunning townhome offers low-maintenance living, with the HOA covering exterior building maintenance & master insurance. Please note that photos shown are of a previously built home of the same floor plan. Finishes may vary. Completion date is an estimate & subject to change.

  20. 2024-06-11
    status Pending 1903-char remark
    Show marketing remark (1903 chars)

    This gorgeous ''Southport'' by Stevens Fine Homes offers luxurious finishes, wonderful amenities, backs up to greenspace & a preservation area, and is currently under construction for an estimated September 2024 completion. This exterior townhome offers 3 bedrooms, 3 baths, two primary suites, and wonderful community amenities include two community pools, clubhouse, walking paths, a brand new playground and more! The open-concept living space offers the perfect space to entertain, and the stunning kitchen features beautiful 42'' soft-close, shaker-style in a timeless white accented with oil rubbed bronze hardware, gorgeous quartz countertops, a subway tile backsplash, vintage-inspired pendant lighting, Moen oil rubbed bronze plumbing fixtures, a lighted pantry, Frigidaire stainless steel appliances and more! A spacious great room lends access to a privately fenced rear patio area, plus an outdoor storage closet. A first-floor bedroom with attached bath offers the perfect guest suite or home office space. Upstairs, you'll find two large primary suites - both of which boast cathedral ceilings, a spacious attached bath and large closet. Thoughtfully curated by our in-house designer, this lovely home features luxury vinyl plank flooring throughout the lower level living areas, quartz countertops in kitchen & all baths, elevated oil rubbed bronze lighting and plumbing fixtures and hardware, historically-inspired 5 panel interior doors, and a beautiful contemporary farmhouse-inspired exterior with black windows in the front of the home, black metal roof accents and more! This truly stunning townhome offers low-maintenance living, with the HOA covering exterior building maintenance & master insurance. Please note that photos shown are of a previously built home of the same floor plan. Finishes may vary. Completion date is an estimate & subject to change.

  21. 2024-05-09
    listed $305,400 Active 1903-char remark
    Show marketing remark (1903 chars)

    This gorgeous ''Southport'' by Stevens Fine Homes offers luxurious finishes, wonderful amenities, backs up to greenspace & a preservation area, and is currently under construction for an estimated September 2024 completion. This exterior townhome offers 3 bedrooms, 3 baths, two primary suites, and wonderful community amenities include two community pools, clubhouse, walking paths, a brand new playground and more! The open-concept living space offers the perfect space to entertain, and the stunning kitchen features beautiful 42'' soft-close, shaker-style in a timeless white accented with oil rubbed bronze hardware, gorgeous quartz countertops, a subway tile backsplash, vintage-inspired pendant lighting, Moen oil rubbed bronze plumbing fixtures, a lighted pantry, Frigidaire stainless steel appliances and more! A spacious great room lends access to a privately fenced rear patio area, plus an outdoor storage closet. A first-floor bedroom with attached bath offers the perfect guest suite or home office space. Upstairs, you'll find two large primary suites - both of which boast cathedral ceilings, a spacious attached bath and large closet. Thoughtfully curated by our in-house designer, this lovely home features luxury vinyl plank flooring throughout the lower level living areas, quartz countertops in kitchen & all baths, elevated oil rubbed bronze lighting and plumbing fixtures and hardware, historically-inspired 5 panel interior doors, and a beautiful contemporary farmhouse-inspired exterior with black windows in the front of the home, black metal roof accents and more! This truly stunning townhome offers low-maintenance living, with the HOA covering exterior building maintenance & master insurance. Please note that photos shown are of a previously built home of the same floor plan. Finishes may vary. Completion date is an estimate & subject to change.

ⓘ 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
$2,045 · $170/mo
Projected year-2 tax
$2,206 · $184/mo
Expected delta
+$161/yr (+$13/mo · 7.9%)

ⓘ 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 6/10 Major
  • 🌡 Heat 9/10 Extreme 7 d/yr ≥105°F today · 18 d/yr by 30 yrs out
  • 💨 Wind 8/10 Severe 99% chance of damaging wind over 30 yrs
  • 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$31,025
− Mortgage interest
−$15,068
− Property taxes
−$2,045
− Insurance
−$1,345
− Repairs & maintenance
−$2,482
− Management
−$2,482
− HOA
−$3,540
− Depreciation
−$7,825
Taxable loss
−$3,762
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$903
After-tax cash flow
$1,555/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.

Condition & rehab AI · 12 photos

Excellent 95/100 None rehab

This turn-key townhouse is in excellent condition with modern finishes and a great location. It's ready for immediate occupancy and can be further enhanced with minor updates.

Value-add opportunities

  • Resale Painting exterior siding — Fresh paint can enhance curb appeal and property value
  • Both Landscaping improvements — Enhances curb appeal and can attract more renters
  • Both Add smart home features — Can increase property value and attract tech-savvy buyers

Renovation cost estimate screening

Value-add ROI direction

  • Resale Painting exterior siding — Fresh paint can enhance curb appeal and property value
  • Both Landscaping improvements — Enhances curb appeal and can attract more renters
  • Both Add smart home features — Can increase property value and attract tech-savvy buyers

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

District
Brunswick County Schools
NCES district ID
3700420
Math proficiency
45% ▲ 4.00%
Reading proficiency
47% ▲ 4.00%
Median HH income
$47,494
Composite
39.23/100
National rank
#4011
State rank
#82 of 178 in NC

Livability — Leland

Score
68/100
State rank
#177
US rank
#9158

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Leland, NC
City population
46,933
Population (ZIP)
6,971

Population outlook (Brunswick County) Hauer SSP2

Today (2025)
152,111 people
By 2030
165,705 · +8.9%
By 2040
188,494 · +23.9%
By 2050
206,228 · +35.6%
By 2075
237,876 · +56.4%
By 2100
251,451 · +65.3%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (72%)
Race & ethnicity
White 72% Black 13% Two or more races 13% Hispanic / Latino 3%
Common ancestry
Serbian 2% Slovak 2% Italian 2%
Foreign-born
0%
Languages at home
97% English-only · Spanish 3%

Political lean MEDSL · Brunswick

2024 margin
Strong R (+24.9) · D 37.2% · R 62.0%
2008→2024 swing
-6.9pp toward R · 2008: -17.9pp · 2024: -24.9pp
All cycles
2024: R+24.9 2020: R+25.0 2016: R+28.7 2012: R+22.2 2008: R+17.9

Not yet ingested

Civics

Market trends

HPI YoY
▲ 1.23%
Current HPI
159.4516
Rent YoY
Metro
State GDP YoY
▲ 3.28%
F500 in state
26

Industry mix (Fortune 500 HQ in NC)

Industry F500 HQs Revenue

Price history

-11.9% since first listed
5 events — show timeline
  • 2026-05-11 Price Changed $269,000 Hive MLS
  • 2026-04-11 Listed $279,000 Hive MLS
  • 2024-10-24 Sold (MLS) $305,400 Hive MLS
  • 2024-06-11 Pending Hive MLS
  • 2024-05-09 Listed $305,400 Hive MLS

Property tax history

+128.4%/yr

Latest (2025): $2,045 · +389.4% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…