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2755 Coronada Pkwy
B+ Composite 76.95
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
  • ARV discount +15.0/15.0
  • DSCR +10.0/10.0
  • 1% rule +9.9/10.0
  • Livability +3.8/5.0
  • Schools +3.1/10.0
  • Rent growth +2.7/5.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$99,900

2755 Coronada Pkwy · Fayetteville, NC 28306
3 bd · 2.0 ba · 975 sqft · SingleFamily public records · 4 Days on market
Built 1969 0.26 ac lot Est $167k · 40% under

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks

Just minutes from Cape Fear Valley Hospital, great INVESTOR OPPORTUNITY! Beautiful brick ranch floor plan, 3 bedrooms 1.5 bathrooms. Great spacious lot in a prime location! Sold AS IS!

Key facts

  • Spacious lot
  • Prime location
  • 0.26 acre lot

Tags

BRICK RANCH FLOOR PLANSPACIOUS LOTPRIME LOCATION

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/2.0-bath single-family listed at $100k.

Deal economics

  • At list price, monthly cash flow is $454 ($5k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($1k rent vs $100k).
  • Cap rate 11.7% vs local median 4.9% in Fayetteville — 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 75/100 on livability (#45 in NC, #4,031 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: crime F, employment D-.
  • 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: Douglas Byrd Middle (math 13% / reading 30%, grade F, #422 of 475 statewide, top 89%, 935 students, 100% FRL); Douglas Byrd High (math 22% / reading 42%, grade F, #445 of 535 statewide, top 84%, 940 students, 99% FRL) — zoned schools average 99% FRL vs 55% district-wide (45 pts higher); higher-poverty schools than district average — tighter screening recommended.
  • Market conditions: Rents flat; 401 active listings in the ZIP; 11 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 1,125 units permitted in Cumberland County in 2024 (104 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $691 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
  • At projected returns (-3.0% appreciation + 0.9% rent growth), your $28k cash investment doubles in ~8 years — after that, you're playing with house money.

Negotiation context

  • Only 4 days on market — expect competitive offers; lowballing is unlikely to land.

Risks & watch-outs

  • Climate carrying-cost: major wind risk, 78% chance of damaging wind over 30y; extreme-heat days projected 7→16/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $99,900

Questions for the listing agent

  1. Built in 1969 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  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
1.49%
Cap rate
11.74%
Cash-on-cash
19.47%
DSCR
1.87
GRM
5.6

CMA / ARV

ARV (on-the-fly)
$166,725
Comps found
4
Show comp detail 4 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
3205 Bolton St 0.73mi 3/1.0 960 (-2%) 10mo $133,000 $139 52
2111 Dillon Dr 0.60mi 3/1.0 1,025 (+5%) 14mo $175,000 $171 48
718 W Mountain Dr 0.70mi 3/1.0 874 (-10%) 14mo $110,000 $126 35
2138 Dillon Dr 0.70mi 3/1.0 1,052 (+8%) 19mo $180,000 $171 34

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 · 0.9% rent growth · sell at horizon

5-year hold
IRR
9.0%
Equity multiple
1.35×
Total profit
$9,675
Equity at exit
$14,895
10-year hold
IRR
16.3%
Equity multiple
2.20×
Total profit
$33,701
Equity at exit
$8,638

Cash invested: $27,972 (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 28306

Home prices YoY
-17.7%
Rents YoY
0.9%
Active inventory
401
Price-to-rent
5.6×

Monthly cashflow live

Estimated rent
$1,486 high interval (Pro) →
Mortgage (P&I)
$524
Tax from tax record
$155 /mo · $1,860/yr
Insurance
$42
HOA
$0
Vacancy / Maint / Mgmt
$312
Net cashflow
$454

Break-even live

Break-even rent $912
Max offer price $99,900
Occupancy floor 64%

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
$24,975
Closing costs
$2,997
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 11 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
29 Briar Cir Fayetteville, NC 1.0–2.0 1.0–1.5 765 $1,283 $1.68 14d 36 0.47mi
2123 Burnett Ave Fayetteville, NC 3.0 2.0 1100 $1,600 $1.45 23d 1 0.76mi
1347 Levy Dr Fayetteville, NC 3.0 1.0 999 $1,000 $1.00 23d 1 0.97mi
3918 Donna St Fayetteville, NC 3.0 1.0 1000 $1,350 $1.35 23d 1 1.23mi
1805 Wayne Ln Fayetteville, NC 3.0 1.0 975 $2,400 $2.46 23d 1 1.25mi
3526 Furman Dr Fayetteville, NC 3.0 1.5 1050 $1,500 $1.43 23d 1 1.28mi
1100 Marlborough Rd Fayetteville, NC 2.0 2.0 1025 $1,198 $1.17 21d 5 1.33mi
1100 Marlborough Rd Fayetteville, NC 2.0 2.0 1025 $1,198 $1.17 14d 5 1.33mi
1031 Ancestry Dr Fayetteville, NC 2.0 2.0 950 $935 $0.98 23d 1 1.47mi
479 McBain Dr Fayetteville, NC 2.0 1.0 858 $1,200 $1.40 23d 1 1.49mi
1005 Ancestry Dr #2 Fayetteville, NC 2.0 2.0 950 $995 $1.05 14d 1 1.50mi

Listing history 2 events

  1. 2026-04-06
    status Pending
  2. 2026-04-02
    listed $99,900 Active

ⓘ 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
$1,860 · $155/mo
Projected year-2 tax
$1,860 · $155/mo
Expected delta
$0/yr ($0/mo · 0.0%)

ⓘ 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 8/10 Severe 7 d/yr ≥106°F today · 16 d/yr by 30 yrs out
  • 💨 Wind 7/10 Severe 78% 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
$17,836
− Mortgage interest
−$5,596
− Property taxes
−$1,860
− Insurance
−$500
− Repairs & maintenance
−$1,427
− Management
−$1,427
− Depreciation
−$2,906
Taxable income
$4,121
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$989
After-tax cash flow
$4,456/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 — Fayetteville

Score
75/100
State rank
#45
US rank
#4031

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Fayetteville, NC
County
Cumberland County · 265,314 people
City population
39,196
Metro
Fayetteville, NC
Population (ZIP)
43,042
Household income
$67,544
Rent vs Own
34.3% rent · 65.7% own
Severe rent burden
1386.0

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
Diverse neighborhood (Simpson 0.68)
Race & ethnicity
White 44% Black 33% Hispanic / Latino 13% Two or more races 8% Asian 4% Native American 2%
Hispanic origin (detail)
Mexican 5% Puerto Rican 5%
Common ancestry
Italian 2% Slovak 1% Serbian 1%
Foreign-born
8% · Canada, South Korea, Jamaica
Languages at home
87% English-only · Spanish 9% Other Indo-European 1% French/Haitian/Cajun 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
▼ -51.69%
Current HPI
239.7281
Rent YoY
▲ 0.90%
Metro
Fayetteville, NC
State GDP YoY
▲ 3.28%
F500 in state
26

Industry mix (Fortune 500 HQ in NC)

Industry F500 HQs Revenue

Price history

2 events — show timeline
  • 2026-04-06 Pending LPRMLS
  • 2026-04-02 Listed $99,900 LPRMLS

Property tax history

+8.1%/yr

Latest (2025): $1,860 · +62.8% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…