18420 Quicktown Rd · Old Hundred, NC 28345

$89,500

3 bd · 2.0 ba · 1,512 sqft · Manufactured public records · 14 Days on market

Built 1997 1.06 ac lot ↓ 40% since listing

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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 +29.5/30.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• 1% rule +7.2/10.0
• Livability +2.6/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.1/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

3 bedroom 2 bath manufactured double wide. Brand New Roof installed a year ago. This gorgeous home has lots of storage with open floor space. A large kitchen with lots of cabinet and counter top space. Enjoy the nice size easy care yard with peaceful seclusion. Would be perfect for a family home or an investment property. Well kept with plenty of room for gatherings.

Key facts

• Formal dining room
• 1.06 acres
• Living room

Tags

• 1.06 ACRES
• LARGE KITCHEN
• FORMAL DINING ROOM
• LIVING ROOM
• FAMILY ROOM
• FIREPLACE

Property features AI

Finance

• Other: Zoning: RA; Lot about 1.06 acres (approximate); Lot dimensions: 103 x 304 x 224 x 502

Exterior

• Parking: On-site unpaved parking
• Utilities: Public water; Septic tank; Water connected
• Home design: Manufactured home; Single-story (one level); Entry at level 1
• Construction: Vinyl siding; Shingle roof
• Exterior features: Front porch; Road frontage on city street and state road

Interior

• Bedrooms: 7 total rooms (includes bedrooms and living spaces)
• Bathrooms: 2 full bathrooms
• Heating & cooling: No heating; No cooling
• Interior features: Crawl space basement; Has a view

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $90k.

Deal economics

• At list price, monthly cash flow is $321 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $90k).

Location & tenants

• Location reads 52/100 on livability (#682 in NC) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing A; Watch: health & safety C-, crime F, amenities F.
• Scotland County Schools (town): math 23% / reading 28% proficiency, ranked #160 of 178 in NC (top 90%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 72% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Carver Middle (math 17% / reading 26%, grade F, #422 of 475 statewide, top 89%, 659 students, 100% FRL); Scotland High School (math 45% / reading 44%, grade F, #352 of 535 statewide, top 68%, 1,445 students, 98% FRL) — zoned schools average 99% FRL vs 72% district-wide (26 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: 73 active listings in the ZIP; 70 units permitted in Scotland County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $619 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• Scotland County population projected at -20% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $25k cash investment doubles in ~8 years — after that, you're playing with house money.

Negotiation context

• Only 14 days on market — expect competitive offers; lowballing is unlikely to land.
• 3 sale attempts since 4y ago; this cycle's ask is 86% above the opening price — seller raised mid-cycle; expect resistance to lowballs.

Risks & watch-outs

• Climate carrying-cost: major wind risk, 74% chance of damaging wind over 30y; major wildfire risk; extreme-heat days projected 7→16/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $89,500

Questions for the listing agent

1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
2. 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?
3. 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?
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: 1.22% ✓
• Cap rate: 10.60%
• Cash-on-cash: 15.37%
• DSCR: 1.68
• GRM: 6.8

CMA / ARV

• ARV (on-the-fly): $249,480
• Comps found: 1

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
17629 Scholl Rd	0.62mi	3/2.0	1,728 (+14%)	21mo	$285,000	$165	30

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

Projected returns pro-forma

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

5-year hold

• IRR: 6.1%
• Equity multiple: 1.24×
• Total profit: $5,911
• Equity at exit: $13,345

10-year hold

• IRR: 15.4%
• Equity multiple: 2.25×
• Total profit: $31,346
• Equity at exit: $7,738

Cash invested: $25,060 (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 28345

• Home prices YoY: -22.3%
• Active inventory: 73
• Price-to-rent: 6.8×

Monthly cashflow live

• Estimated rent: $1,090 medium
• Mortgage (P&I): −$469
• Tax from tax record: −$34 /mo · $406/yr
• Insurance: −$37
• HOA: −$0
• Vacancy / Maint / Mgmt: −$229
• Net cashflow: $321

Break-even live

Break-even rent $684

Max offer price $89,500

Occupancy floor 66%

Sensitivity live

Price	-10% $372	-5% $346	+0% $321	+5% $296	+10% $270
Rent	-10% $235	-5% $278	+0% $321	+5% $364	+10% $407
Rate	-1.0pp $366	-0.5pp $344	base $321	+0.5pp $298	+1.0pp $274

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: $22,375
• Closing costs: $2,685
• Reserves months: —
• Total cash needed: —

Listing history 22 events

1. 2026-06-18
   days on market $89,500 Active 14 DOM
2. 2026-06-17
   days on market $89,500 Active 13 DOM
3. 2026-06-16
   days on market $89,500 Active 12 DOM
4. 2026-06-15
   days on market $89,500 Active 11 DOM
5. 2026-06-14
   days on market $89,500 Active 9 DOM
6. 2026-06-13
   pricedays on market $89,500 Active 8 DOM
7. 2026-06-10
   days on market $95,000 Active 6 DOM
8. 2026-06-09
   days on market $95,000 Active 5 DOM
9. 2026-06-08
   days on market $95,000 Active 4 DOM
10. 2026-06-07
    remarks 698-char remark
11. 2026-06-07
    days on market $95,000 Active 3 DOM
12. 2026-06-05
    remarks 680-char remark
13. 2026-06-05
    pricestatusdays on marketlisting id $95,000 Active 1 DOM
14. 2026-05-31
    days on market $48,000 Active Under Contract 31 DOM
15. 2026-05-30
    days on market $48,000 Active Under Contract 30 DOM
16. 2026-05-05
    historical Active Under Contract
17. 2026-04-30
    listed $48,000 Active
18. 2022-09-28
    soldstatus $80,000 Closed 369-char remark

    Show marketing remark (369 chars)

    3 bedroom 2 bath manufactured double wide. Brand New Roof installed a year ago. This gorgeous home has lots of storage with open floor space. A large kitchen with lots of cabinet and counter top space. Enjoy the nice size easy care yard with peaceful seclusion. Would be perfect for a family home or an investment property. Well kept with plenty of room for gatherings.

19. 2022-07-21
    status Pending 369-char remark

    Show marketing remark (369 chars)

    3 bedroom 2 bath manufactured double wide. Brand New Roof installed a year ago. This gorgeous home has lots of storage with open floor space. A large kitchen with lots of cabinet and counter top space. Enjoy the nice size easy care yard with peaceful seclusion. Would be perfect for a family home or an investment property. Well kept with plenty of room for gatherings.

20. 2022-07-19
    status Active 369-char remark

    Show marketing remark (369 chars)

    3 bedroom 2 bath manufactured double wide. Brand New Roof installed a year ago. This gorgeous home has lots of storage with open floor space. A large kitchen with lots of cabinet and counter top space. Enjoy the nice size easy care yard with peaceful seclusion. Would be perfect for a family home or an investment property. Well kept with plenty of room for gatherings.

21. 2022-06-01
    status Pending 369-char remark

    Show marketing remark (369 chars)

    3 bedroom 2 bath manufactured double wide. Brand New Roof installed a year ago. This gorgeous home has lots of storage with open floor space. A large kitchen with lots of cabinet and counter top space. Enjoy the nice size easy care yard with peaceful seclusion. Would be perfect for a family home or an investment property. Well kept with plenty of room for gatherings.

22. 2022-05-25
    listed $80,000 Active 369-char remark

    Show marketing remark (369 chars)

    3 bedroom 2 bath manufactured double wide. Brand New Roof installed a year ago. This gorgeous home has lots of storage with open floor space. A large kitchen with lots of cabinet and counter top space. Enjoy the nice size easy care yard with peaceful seclusion. Would be perfect for a family home or an investment property. Well kept with plenty of room for gatherings.

ⓘ 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: $406 · $34/mo
• Projected year-2 tax: $734 · $61/mo
• Expected delta: +$328/yr (+$27/mo · 80.9%)

ⓘ 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 7/10 Severe 7 d/yr ≥107°F today · 16 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 74% chance of damaging wind over 30 yrs
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $13,085
• − Mortgage interest: −$5,013
• − Property taxes: −$406
• − Insurance: −$448
• − Repairs & maintenance: −$1,047
• − Management: −$1,047
• − Depreciation: −$2,604
• Taxable income: $2,522
• Est. tax owed @ 24.0%: −$605
• After-tax cash flow: $3,247/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: Scotland County Schools
• NCES district ID: 3704200
• Math proficiency: 23% ▼ -5.00%
• Reading proficiency: 28% ▼ -3.00%
• Median HH income: $31,203
• Composite: 20.66/100
• National rank: #8536
• State rank: #160 of 178 in NC

Livability — Old Hundred

• Score: 52/100
• State rank: #682
• US rank: #24730

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Population (ZIP): 12,224

Population outlook (Scotland County) Hauer SSP2

• Today (2025): 33,331 people
• By 2030: 32,017 · -3.9%
• By 2040: 29,290 · -12.1%
• By 2050: 26,554 · -20.3%
• By 2075: 19,857 · -40.4%
• By 2100: 13,851 · -58.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.55)
• Race & ethnicity: White 58% Black 34% Hispanic / Latino 4% Native American 4% Two or more races 2%
• Common ancestry: Slovak 3% Serbian 2% Iranian 1%
• Foreign-born: 1% · Canada
• Languages at home: 96% English-only · Spanish 3%

Political lean MEDSL · Scotland

• 2024 margin: Lean R (+6.9) · D 46.2% · R 53.1%
• 2008→2024 swing: -22.0pp toward R · 2008: 15.1pp · 2024: -6.9pp
• All cycles: 2024: R+6.9 2020: R+1.9 2016: D+7.8 2012: D+16.6 2008: D+15.1

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -56.70%
• Current HPI: 197.4677
• 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

-40.0% since first listed

7 events — show timeline

• 2026-05-05 Contingent — Hive MLS
• 2026-04-30 Listed $48,000 Hive MLS
• 2022-09-28 Sold (MLS) $80,000 Hive MLS
• 2022-07-21 Pending — Hive MLS
• 2022-07-19 Relisted — Hive MLS
• 2022-06-01 Pending — Hive MLS
• 2022-05-25 Listed $80,000 Hive MLS

Property tax history

-0.7%/yr

Latest (2022): $406 · -1.0% YoY. Source: county tax records.