127 Hubert Blvd · Piney Green, NC 28539

$63,000

3 bd · 2.0 ba · 900 sqft · Other · 6 Days on market

Built 2024

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Why this score? — see what drove the B 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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Schools +3.9/10.0
• Rent growth +3.2/5.0
• Livability +3.0/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

REGULAR PRICE: $79,999 | OWN IT NOW: $74,999! Brand-New 3-Bedroom, 2-Bath Manufactured Home - Move-In Ready! Don't miss this limited-time opportunity to own a brand-new manufactured home at an unbeatable value. Perfect for first-time homebuyers, families, or anyone looking for affordable homeownership, this 3-bedroom, 2-bath home offers modern design, comfort, and functionality - all at a price that's often less than renting Enjoy the convenience of on-site parking and a move-in-ready home that requires no renovations or updates - just bring your belongings and settle in. Limited-Time "Own It Now" Price: $74,999 Home Features: ✔ 3 Bedrooms | 2 Full Bathrooms ✔ Open-Concept Kitchen & Spacious Living Area ✔ Private Primary Suite ✔ Generous Closet Space in All Bedrooms ✔ On-Site Parking ✔ Brand-New Manufactured Home Financing Available: Monthly Payment as low as $1,022.05 * * * (Includes estimated lot rent, taxes & insurance) Flexible financing options available for qualified buyers This is your chance to secure affordable homeownership in a growing community with low monthly payments and minimal upfront cost. Homes at this price point and condition do not last long - schedule your private tour today and take the first step toward owning your new home!

Key facts

• Built 2024
• Listed 5 days

Tags

• FLOOD INSURANCE NOT REQUIRED
• NEW ASPHALT PARKING PAD
• PROFESSIONALLY SKIRTED
• CLEAN LIEN FREE TITLE
• CONNECTED TO ALL UTILITIES

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath other listed at $63k.

Deal economics

• At list price, monthly cash flow is $738 ($9k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $63k).
• Cap rate 20.3% vs local median 3.6% in Piney Green — 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 60/100 on livability (#524 in NC) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: crime D+, employment D+, schools F.
• Onslow County Schools (other): math 42% / reading 49% proficiency, ranked #84 of 178 in NC (top 47%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents rising (+2.6%/yr); 322 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 1,246 units permitted in Onslow County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $436 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
• At projected returns (-3.0% appreciation + 2.6% rent growth), your $18k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

• Only 6 days on market — expect competitive offers; lowballing is unlikely to land.
• 2 sale attempts 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; moderate 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 $63,000

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: 2.36% ✓
• Cap rate: 20.34%
• Cash-on-cash: 50.18%
• DSCR: 3.23
• GRM: 3.5

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 2.61% rent growth · sell at horizon

5-year hold

• IRR: 47.5%
• Equity multiple: 3.05×
• Total profit: $36,215
• Equity at exit: $9,394

10-year hold

• IRR: 53.0%
• Equity multiple: 6.09×
• Total profit: $89,759
• Equity at exit: $5,447

Cash invested: $17,640 (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 28539

• Home prices YoY: -23.9%
• Rents YoY: 2.6%
• Active inventory: 322
• Price-to-rent: 3.5×

Monthly cashflow live

• Estimated rent: $1,485 medium
• Mortgage (P&I): −$330
• Tax est. 1.5%: −$79 /mo · $945/yr
• Insurance: −$26
• HOA: −$0
• Vacancy / Maint / Mgmt: −$312
• Net cashflow: $738

Break-even live

Break-even rent $551

Max offer price $63,000

Occupancy floor 45%

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: $15,750
• Closing costs: $1,890
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
139 Hubert Blvd Hubert, NC	3.0	2.0	990	$1,051	$1.06	20d	1	0.16mi

Listing history 13 events

1. 2026-06-10
   days on market $63,000 Active 6 DOM
2. 2026-06-09
   days on market $63,000 Active 5 DOM
3. 2026-06-09
   days on market $63,000 Active 4 DOM
4. 2026-06-07
   remarks 694-char remark
5. 2026-06-07
   days on marketlisting id $63,000 Active 3 DOM
6. 2026-06-03
   days on market $63,000 Active 22 DOM
7. 2026-06-02
   days on market $63,000 Active 21 DOM
8. 2026-06-01
   days on market $63,000 Active 20 DOM
9. 2026-05-31
   days on market $63,000 Active 19 DOM
10. 2026-05-30
    days on market $63,000 Active 18 DOM
11. 2026-05-12
    listed $63,000 Active
12. 2026-04-27
    listed $79,999 Active 1299-char remark

    Show marketing remark (1299 chars)

    REGULAR PRICE: $79,999 | OWN IT NOW: $74,999! Brand-New 3-Bedroom, 2-Bath Manufactured Home - Move-In Ready! Don't miss this limited-time opportunity to own a brand-new manufactured home at an unbeatable value. Perfect for first-time homebuyers, families, or anyone looking for affordable homeownership, this 3-bedroom, 2-bath home offers modern design, comfort, and functionality - all at a price that's often less than renting Enjoy the convenience of on-site parking and a move-in-ready home that requires no renovations or updates - just bring your belongings and settle in. Limited-Time "Own It Now" Price: $74,999 Home Features: ✔ 3 Bedrooms | 2 Full Bathrooms ✔ Open-Concept Kitchen & Spacious Living Area ✔ Private Primary Suite ✔ Generous Closet Space in All Bedrooms ✔ On-Site Parking ✔ Brand-New Manufactured Home Financing Available: Monthly Payment as low as $1,022.05 * * * (Includes estimated lot rent, taxes & insurance) Flexible financing options available for qualified buyers This is your chance to secure affordable homeownership in a growing community with low monthly payments and minimal upfront cost. Homes at this price point and condition do not last long - schedule your private tour today and take the first step toward owning your new home!

13. 2023-08-01
    soldstatus $1,200,000

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

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 5/10 Major
• 🌡 Heat 8/10 Severe 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 2/10 Low 1 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $17,818
• − Mortgage interest: −$3,529
• − Property taxes: −$945
• − Insurance: −$315
• − Repairs & maintenance: −$1,425
• − Management: −$1,425
• − Depreciation: −$1,833
• Taxable income: $8,346
• Est. tax owed @ 24.0%: −$2,003
• After-tax cash flow: $6,849/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: Onslow County Schools
• NCES district ID: 3703450
• Math proficiency: 42% ▲ 6.00%
• Reading proficiency: 49% ▲ 5.00%
• Median HH income: $46,076
• Composite: 38.66/100
• National rank: #4148
• State rank: #84 of 178 in NC

Livability — Piney Green

• Score: 60/100
• State rank: #524
• US rank: #19401

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Onslow County · 164,453 people
• Metro: Jacksonville, NC
• Population (ZIP): 18,351
• Household income: $66,976
• Rent vs Own: 23.8% rent · 76.2% own
• Severe rent burden: 602.0

Population outlook (Onslow County) Hauer SSP2

• Today (2025): 189,789 people
• By 2030: 194,463 · +2.5%
• By 2040: 193,629 · +2.0%
• By 2050: 193,248 · +1.8%
• By 2075: 196,995 · +3.8%
• By 2100: 201,513 · +6.2%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (82%)
• Race & ethnicity: White 82% Two or more races 7% Hispanic / Latino 6% Black 6% Asian 1%
• Hispanic origin (detail): Mexican 3% Puerto Rican 2%
• Common ancestry: Slovak 3% Romanian 3% Lithuanian 2%
• Foreign-born: 3% · Canada
• Languages at home: 93% English-only · Spanish 3% Other Asian/Pacific 1% Other Indo-European 1%

Political lean MEDSL · Onslow

• 2024 margin: Solid R (+35.9) · D 31.5% · R 67.5% · Other 1.0%
• 2008→2024 swing: -14.5pp toward R · 2008: -21.5pp · 2024: -35.9pp
• All cycles: 2024: R+35.9 2020: R+30.2 2016: R+34.6 2012: R+27.0 2008: R+21.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -58.68%
• Current HPI: 186.871
• Rent YoY: ▲ 2.61%
• Metro: Jacksonville, 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
▸Metals / Steel	1	$35B
▸Utilities	1	$30B
▸Industrial Machinery	1	$19B

Price history

-94.8% since first listed

3 events — show timeline

• 2026-05-12 Listed $63,000 FSBO.com
• 2026-04-27 Listed $79,999 Zillow
• 2023-08-01 Sold (Public Records) $1,200,000 Public Records

Property tax history

+3.2%/yr

Latest (2025): $5,834 · +0.0% YoY. Source: county tax records.