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8637 Durant Nixon Rd
C+ Composite 63.34
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 +22.5/30.0
  • Appreciation +10.0/10.0
  • ARV discount +7.5/15.0
  • DSCR +7.2/10.0
  • 1% rule +4.9/10.0
  • Livability +3.2/5.0
  • Schools +3.1/10.0
  • Rent growth +2.5/5.0
  • Condition / age +2.5/5.0

$199,000

8637 Durant Nixon Rd · Linden, NC 28356
5 bd · 3.0 ba · 1,080 sqft · Manufactured public records · 24 Days on market
Built 1996 4.20 ac lot

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

TWO HOMES WITH 4 ACRES! PERFECT for INVESTORS & MULTI-GENERATIONAL FAMILIES. Convenient to Goodyear and I-295. PROPERTY 1---8637 Durant Nixon (1996, 24' x 44'). 3BR 2BA plus 2 added on "storage rooms" that were previously used by owner as bedrooms but are not included in sq ft. Septic pumped in 2021. New roof, HVAC, stove & vent hood, dishwasher. Newer water heater, 2019. PROPERTY 2---8633 Durant Nixon (2017 Fleetwood Clayton single wide, 16' x 76'). 3BR 2BA. Septic pumped in 2019. Each home is on separate electric and septic. CASH ONLY (lenders will not finance 2 homes on one parcel).

Key facts

  • Huge garden tub
  • Screened porch
  • Two homes

Tags

TWO HOMESHUGE GARDEN TUBSCREENED PORCHNEW ROOF

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 5-bed/3.0-bath manufactured listed at $199k.

Deal economics

  • At list price, monthly cash flow is $333 ($4k/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 $197k (1.1% below list).
  • Recommended offer: $196k (1.5% below list) — sets the bar for market timing.

Location & tenants

  • Location reads 64/100 on livability (#344 in NC) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: crime D-, amenities F, commute F.
  • Cumberland County Schools (urban): math 32% / reading 41% proficiency, ranked #126 of 178 in NC (top 71%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Zoned schools: Long Hill Elementary (math 52% / reading 53%, grade C-, #349 of 1,410 statewide, top 25%, 442 students, 99% FRL); Pine Forest Middle (math 38% / reading 49%, grade D, #182 of 475 statewide, top 40%, 738 students, 56% FRL); Pine Forest High (math 73% / reading 51%, grade B-, #184 of 535 statewide, top 37%, 1,572 students, 62% FRL) — zoned schools average 73% FRL vs 55% district-wide (18 pts higher); higher-poverty schools than district average — tighter screening recommended.
  • Zoned-school proficiency averages 53% at this address vs 36% district-wide (+16 pts) — the actual schools serving this property are materially stronger than the Cumberland County Schools average implies; a family-tenant draw the district grade alone would hide.
  • Market conditions: 59 active listings in the ZIP; 1,125 units permitted in Cumberland County in 2024 (104 in 5+ unit buildings).

Forward outlook

  • In year one you build about $21k of equity ($1k loan paydown + $20k appreciation (10.0% local appreciation)).
  • At projected returns (10.0% appreciation + 3.0% rent growth), your $56k cash investment doubles in ~3 years — after that, you're playing with house money.
  • By year 2, paydown + projected appreciation supports a ~$34k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

  • It's been on market 24 days — a 2% lower offer ($196k) is reasonable based on typical stale-listing flexibility.
  • 4 sale attempts since 4y 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 $155k; 28% above their basis — modest negotiation headroom, anchor on the comps not their cost.

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 $196,015 (1.5% below list)

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 D 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
0.99%
Cap rate
8.30%
Cash-on-cash
7.18%
DSCR
1.32
GRM
8.4

CMA / ARV

No comps found within radius.

Projected returns pro-forma

10.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold
IRR
29.5%
Equity multiple
3.33×
Total profit
$129,553
Equity at exit
$179,275
10-year hold
IRR
25.6%
Equity multiple
7.54×
Total profit
$364,683
Equity at exit
$386,613

Cash invested: $55,720 (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 28356

Home prices YoY
16.1%
Active inventory
59
Price-to-rent
8.4×

Monthly cashflow live

Estimated rent
$1,969 medium interval (Pro) →
Mortgage (P&I)
$1,044
Tax from tax record
$96 /mo · $1,147/yr
Insurance
$83
HOA
$0
Vacancy / Maint / Mgmt
$413
Net cashflow
$333

Break-even live

Break-even rent $1,547
Max offer price $199,000
Occupancy floor 78%

Sensitivity live

Price -10% $446 -5% $390 +0% $333 +5% $277 +10% $221
Rent -10% $178 -5% $256 +0% $333 +5% $411 +10% $489
Rate -1.0pp $434 -0.5pp $384 base $333 +0.5pp $282 +1.0pp $229

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
$49,750
Closing costs
$5,970
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.

Listing history 12 events

  1. 2026-04-20
    status Pending
  2. 2026-03-27
    listed $199,000 Active
  3. 2022-09-15
    soldstatus $155,000 Closed 610-char remark
    Show marketing remark (621 chars)

    TWO HOMES WITH 4 ACRES! PERFECT for INVESTORS & MULTI-GENERATIONAL FAMILIES. Convenient to Goodyear and I-295. PROPERTY 1---8637 Durant Nixon (1996, 24' x 44'). 3BR 2BA plus 2 added on "storage rooms" that were previously used by owner as bedrooms but are not included in sq ft. Septic pumped in 2021. New roof, HVAC, stove & vent hood, dishwasher. Newer water heater, 2019. PROPERTY 2---8633 Durant Nixon (2017 Fleetwood Clayton single wide, 16' x 76'). 3BR 2BA. Septic pumped in 2019. Each home is on separate electric and septic. CASH ONLY (lenders will not finance 2 homes on one parcel).

  4. 2022-09-15
    soldstatus $155,000 621-char remark
    Show marketing remark (621 chars)

    TWO HOMES WITH 4 ACRES! PERFECT for INVESTORS & MULTI-GENERATIONAL FAMILIES. Convenient to Goodyear and I-295. PROPERTY 1---8637 Durant Nixon (1996, 24' x 44'). 3BR 2BA plus 2 added on "storage rooms" that were previously used by owner as bedrooms but are not included in sq ft. Septic pumped in 2021. New roof, HVAC, stove & vent hood, dishwasher. Newer water heater, 2019. PROPERTY 2---8633 Durant Nixon (2017 Fleetwood Clayton single wide, 16' x 76'). 3BR 2BA. Septic pumped in 2019. Each home is on separate electric and septic. CASH ONLY (lenders will not finance 2 homes on one parcel).

  5. 2022-09-15
    soldstatus $155,000
    Show marketing remark (621 chars)

    TWO HOMES WITH 4 ACRES! PERFECT for INVESTORS & MULTI-GENERATIONAL FAMILIES. Convenient to Goodyear and I-295. PROPERTY 1---8637 Durant Nixon (1996, 24' x 44'). 3BR 2BA plus 2 added on "storage rooms" that were previously used by owner as bedrooms but are not included in sq ft. Septic pumped in 2021. New roof, HVAC, stove & vent hood, dishwasher. Newer water heater, 2019. PROPERTY 2---8633 Durant Nixon (2017 Fleetwood Clayton single wide, 16' x 76'). 3BR 2BA. Septic pumped in 2019. Each home is on separate electric and septic. CASH ONLY (lenders will not finance 2 homes on one parcel).

  6. 2022-07-21
    status Pending 610-char remark
    Show marketing remark (610 chars)

    TWO HOMES WITH 4 ACRES! PERFECT for INVESTORS & MULTI-GENERATIONAL FAMILIES. Convenient to Goodyear and I-295. PROPERTY 1---8637 Durant Nixon (1996, 24' x 44'). 3BR 2BA plus 2 added on "storage rooms" that were previously used by owner as bedrooms but are not included in sq ft. Septic pumped in 2021. New roof, HVAC, stove & vent hood, dishwasher. Newer water heater, 2019. PROPERTY 2---8633 Durant Nixon (2017 Fleetwood Clayton single wide, 16' x 76'). 3BR 2BA. Septic pumped in 2019. Each home is on separate electric and septic. CASH ONLY (lenders will not finance 2 homes on one parcel).

  7. 2022-06-24
    price $155,000 610-char remark
    Show marketing remark (610 chars)

    TWO HOMES WITH 4 ACRES! PERFECT for INVESTORS & MULTI-GENERATIONAL FAMILIES. Convenient to Goodyear and I-295. PROPERTY 1---8637 Durant Nixon (1996, 24' x 44'). 3BR 2BA plus 2 added on "storage rooms" that were previously used by owner as bedrooms but are not included in sq ft. Septic pumped in 2021. New roof, HVAC, stove & vent hood, dishwasher. Newer water heater, 2019. PROPERTY 2---8633 Durant Nixon (2017 Fleetwood Clayton single wide, 16' x 76'). 3BR 2BA. Septic pumped in 2019. Each home is on separate electric and septic. CASH ONLY (lenders will not finance 2 homes on one parcel).

  8. 2022-06-24
    status Active 610-char remark
    Show marketing remark (610 chars)

    TWO HOMES WITH 4 ACRES! PERFECT for INVESTORS & MULTI-GENERATIONAL FAMILIES. Convenient to Goodyear and I-295. PROPERTY 1---8637 Durant Nixon (1996, 24' x 44'). 3BR 2BA plus 2 added on "storage rooms" that were previously used by owner as bedrooms but are not included in sq ft. Septic pumped in 2021. New roof, HVAC, stove & vent hood, dishwasher. Newer water heater, 2019. PROPERTY 2---8633 Durant Nixon (2017 Fleetwood Clayton single wide, 16' x 76'). 3BR 2BA. Septic pumped in 2019. Each home is on separate electric and septic. CASH ONLY (lenders will not finance 2 homes on one parcel).

  9. 2022-05-14
    historical 610-char remark
    Show marketing remark (610 chars)

    TWO HOMES WITH 4 ACRES! PERFECT for INVESTORS & MULTI-GENERATIONAL FAMILIES. Convenient to Goodyear and I-295. PROPERTY 1---8637 Durant Nixon (1996, 24' x 44'). 3BR 2BA plus 2 added on "storage rooms" that were previously used by owner as bedrooms but are not included in sq ft. Septic pumped in 2021. New roof, HVAC, stove & vent hood, dishwasher. Newer water heater, 2019. PROPERTY 2---8633 Durant Nixon (2017 Fleetwood Clayton single wide, 16' x 76'). 3BR 2BA. Septic pumped in 2019. Each home is on separate electric and septic. CASH ONLY (lenders will not finance 2 homes on one parcel).

  10. 2022-05-07
    listed $165,000 610-char remark
    Show marketing remark (621 chars)

    TWO HOMES WITH 4 ACRES! PERFECT for INVESTORS & MULTI-GENERATIONAL FAMILIES. Convenient to Goodyear and I-295. PROPERTY 1---8637 Durant Nixon (1996, 24' x 44'). 3BR 2BA plus 2 added on "storage rooms" that were previously used by owner as bedrooms but are not included in sq ft. Septic pumped in 2021. New roof, HVAC, stove & vent hood, dishwasher. Newer water heater, 2019. PROPERTY 2---8633 Durant Nixon (2017 Fleetwood Clayton single wide, 16' x 76'). 3BR 2BA. Septic pumped in 2019. Each home is on separate electric and septic. CASH ONLY (lenders will not finance 2 homes on one parcel).

  11. 2022-05-07
    listed $155,000 621-char remark
    Show marketing remark (621 chars)

    TWO HOMES WITH 4 ACRES! PERFECT for INVESTORS & MULTI-GENERATIONAL FAMILIES. Convenient to Goodyear and I-295. PROPERTY 1---8637 Durant Nixon (1996, 24' x 44'). 3BR 2BA plus 2 added on "storage rooms" that were previously used by owner as bedrooms but are not included in sq ft. Septic pumped in 2021. New roof, HVAC, stove & vent hood, dishwasher. Newer water heater, 2019. PROPERTY 2---8633 Durant Nixon (2017 Fleetwood Clayton single wide, 16' x 76'). 3BR 2BA. Septic pumped in 2019. Each home is on separate electric and septic. CASH ONLY (lenders will not finance 2 homes on one parcel).

  12. 1990-02-05
    soldstatus $8,500

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast NC · Resets to sale price

Current annual tax
$1,147 · $96/mo
Projected year-2 tax
$1,632 · $136/mo
Expected delta
+$485/yr (+$40/mo · 42.3%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

  • 🌊 Flood 3/10 Moderate FEMA zone X (unshaded) · 20% chance over 30 yrs
  • 🔥 Wildfire 6/10 Major
  • 🌡 Heat 6/10 Major 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

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$23,628
− Mortgage interest
−$11,147
− Property taxes
−$1,147
− Insurance
−$995
− Repairs & maintenance
−$1,890
− Management
−$1,890
− Depreciation
−$5,789
Taxable income
$769
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$185
After-tax cash flow
$3,817/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
Cumberland County Schools
NCES district ID
3700011
Math proficiency
32% ▼ -2.00%
Reading proficiency
41% ▼ -1.00%
Median HH income
$44,168
Composite
31.0/100
National rank
#6096
State rank
#126 of 178 in NC

Livability — Linden

Score
64/100
State rank
#344
US rank
#13788

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Population (ZIP)
5,747

Population outlook (Cumberland County) Hauer SSP2

Today (2025)
330,855 people
By 2030
333,523 · +0.8%
By 2040
335,583 · +1.4%
By 2050
335,325 · +1.4%
By 2075
342,853 · +3.6%
By 2100
340,698 · +3.0%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Majority White (64%)
Race & ethnicity
White 64% Black 19% Hispanic / Latino 11% Two or more races 7% Native American 1% Asian 1%
Hispanic origin (detail)
Mexican 2% Puerto Rican 4%
Common ancestry
Lithuanian 3% Italian 2% Serbian 2%
Foreign-born
3% · Canada, Jamaica
Languages at home
90% English-only · Spanish 7% Other Indo-European 1% Russian/Polish/Slavic 1%

Political lean MEDSL · Cumberland

2024 margin
D (+13.4) · D 56.1% · R 42.7% · Other 1.2%
2008→2024 swing
-4.3pp toward R · 2008: 17.7pp · 2024: 13.4pp
All cycles
2024: D+13.4 2020: D+16.6 2016: D+16.0 2012: D+19.7 2008: D+17.7

Not yet ingested

Civics

Market trends

HPI YoY
▲ 40.02%
Current HPI
289.2973
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

+2241.2% since first listed
12 events — show timeline
  • 2026-04-20 Pending LPRMLS
  • 2026-03-27 Listed $199,000 LPRMLS
  • 2022-09-15 Sold (Public Records) $155,000 Public Records
  • 2022-09-15 Sold (MLS) $155,000 LPRMLS
  • 2022-09-15 Sold (MLS) $155,000 TMLS
  • 2022-07-21 Pending TMLS
  • 2022-06-24 Price Changed $155,000 TMLS
  • 2022-06-24 Relisted TMLS
  • 2022-05-14 Listing Removed TMLS
  • 2022-05-07 Listed $155,000 LPRMLS
  • 2022-05-07 Listed $165,000 TMLS
  • 1990-02-05 Sold (Public Records) $8,500 Public Records

Property tax history

+12.4%/yr

Latest (2025): $1,147 · -10.8% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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