3630 E 10th St · Greenville, NC 27858

$183,900

3 bd · 1.0 ba · 1,117 sqft · SingleFamily public records · 451 Days on market

Built 1961 0.70 ac lot Est $207k · 11% under

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Why this score? — see what drove the D+ 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 +13.3/30.0
• ARV discount +12.5/15.0
• DSCR +4.0/10.0
• Livability +3.9/5.0
• Rent growth +3.8/5.0
• Schools +3.6/10.0
• 1% rule +2.7/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Great investment opportunity this 3-bedroom 1 bathroom home is in the heart of Greenville, and only 2.6 miles from East Carolina University, The property is sitting on a 0.70-acre lot and the home is approximately 1,117 Sqft. The roof of the property was installed in approximately 2007-2009. The home does not have central heat and air and is currently being heated with a wall furnace, with a little bit of TLC this home would be a perfect investment property. Best offer's are to be submitted Monday 04/24/23 at 5:00pm.

Key facts

• Fresh paint
• New carpet
• New hvac

Tags

• REMODELED BRICK HOME
• NEW ROOF
• FRESH PAINT
• NEW APPLIANCES
• NEW CARPET
• NEW HVAC

Property features AI

Finance

• Other: Zoning: R6S
• HOA & community: No association amenities

Exterior

• Parking: Carport (1 space); Off-street parking
• Utilities: Public water; Sewer available; Water available
• Home design: Single-family residence; One story
• Construction: Brick veneer and frame construction; Shingle roof
• Exterior features: Front porch; Paved road frontage on a city street and state road; Irregular lot shape

Interior

• Bedrooms: 5 total rooms (includes bedrooms and living spaces)
• Flooring: Carpet
• Bathrooms: 1 full bathroom
• Heating & cooling: Central air conditioning; Electric forced-air heating
• Interior features: Electric water heater; Crawl space
• Laundry & utility: Washer hookup

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $184k.

Deal economics

• At list price, monthly cash flow is $-1 ($-18/yr) — negative.
• To cash-flow at today's rent, offer at most $184k (0.1% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $142k (22.7% below list).
• Recommended offer: $142k (22.7% below list) — sets the bar for 1% rule.
• Cap rate 6.3% vs local median 3.8% in Greenville — 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 77/100 on livability (#30 in NC, #2,977 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, health & safety A+; Watch: crime F, employment F.
• Pitt County Schools (rural): math 41% / reading 44% proficiency, ranked #100 of 178 in NC (top 56%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Eastern Elementary (math 48% / reading 50%, grade D, #459 of 1,410 statewide, top 33%, 768 students, 65% FRL); C M Eppes Middle (math 24% / reading 32%, grade F, #360 of 475 statewide, top 77%, 626 students, 99% FRL); Junius H Rose High (math 52% / reading 61%, grade C, #261 of 535 statewide, top 49%, 1,525 students, 50% FRL) — zoned schools average 71% FRL vs 56% district-wide (15 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents rising fast (+5.3%/yr); 291 active listings in the ZIP; 11 comparable units currently listed for rent nearby; rentals at typical pace (median 21d on market — plan ~3-4 weeks tenant-placement turnaround); 1,300 units permitted in Pitt County in 2024 (204 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $6k of value loss. Plan a longer hold.
• Pitt County population projected at +22% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 451 days — a 12% lower offer ($162k) is reasonable based on typical stale-listing flexibility.
• 10 sale attempts since 3y 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 $85k; list at $184k implies a 116% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 80% chance of damaging wind over 30y; extreme-heat days projected 7→17/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $142,188 (22.7% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 451 days. Have you received any prior offers? Is the seller open to a 23% concession, seller financing, or rate buy-down credit?
3. Built in 1961 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. 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?
7. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
8. 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.
9. 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.
10. 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: 0.77% ✗
• Cap rate: 6.28%
• Cash-on-cash: -0.03%
• DSCR: 1.00
• GRM: 10.8

CMA / ARV

• ARV (on-the-fly): $206,645
• Comps found: 3

Show comp detail 3 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3400 Governors Ln	0.38mi	2/2.0 (-1)	1,246 (+12%)	11mo	$229,900	$185	44
4111 Riverchase Dr	0.64mi	3/2.0	1,268 (+14%)	7mo	$240,000	$189	38
600 River Hill Dr	0.74mi	3/2.0	1,241 (+11%)	22mo	$214,200	$173	25

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 · 5.28% rent growth · sell at horizon

5-year hold

• IRR: -14.2%
• Equity multiple: 0.48×
• Total profit: $-26,626
• Equity at exit: $27,420

10-year hold

• IRR: -2.4%
• Equity multiple: 0.82×
• Total profit: $-9,240
• Equity at exit: $15,900

Cash invested: $51,492 (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 27858

• Rents YoY: 5.3%
• Active inventory: 291
• Price-to-rent: 10.8×

Monthly cashflow live

• Estimated rent: $1,422 high
• Mortgage (P&I): −$964
• Tax from tax record: −$84 /mo · $1,005/yr
• Insurance: −$77
• HOA: −$0
• Vacancy / Maint / Mgmt: −$299
• Net cashflow: $-1

Break-even live

Break-even rent $1,424

Max offer price $183,640

Occupancy floor 95%

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: $45,975
• Closing costs: $5,517
• Reserves months: —
• Total cash needed: —

Rent comps 11 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3535 E 10th St Greenville, NC	3.0–4.0	2.0–3.0	1280	$1,350	$1.05	13d	1	0.06mi
1215 Evolve WAY Greenville, NC	1.0–3.0	1.0–2.0	1021	$1,930	$1.89	13d	106	0.53mi
121 Harbor Pointe Ln Greenville, NC	1.0–2.0	1.0–1.5	675	$1,050	$1.56	21d	1	0.72mi
204 Eastbrook Dr Greenville, NC	2.0	1.0–1.5	882	$935	$1.06	21d	2	0.78mi
200 Verdant Dr Greenville, NC	1.0–2.0	1.0	725	$975	$1.34	21d	1	1.07mi
904 Verdant Dr Unit 904-B Greenville, NC	2.0	1.5	864	$950	$1.10	21d	1	1.12mi
3002 Kingston Cir Greenville, NC	1.0–2.0	1.0–1.5	799	$1,250	$1.56	21d	1	1.23mi
3027 Adams Blvd Greenville, NC	2.0	1.0	720	$825	$1.15	21d	1	1.28mi
2225 Locksley Woods Dr Unit C Greenville, NC	2.0	2.0	1367	$1,450	$1.06	21d	1	1.35mi
100 David Dr Unit E6 Greenville, NC	3.0	2.5	1492	$1,450	$0.97	13d	1	1.42mi
2414 Slay Dr Greenville, NC	3.0	1.0	1372	$1,650	$1.20	21d	1	1.47mi

Listing history 47 events

1. 2026-06-19
   days on market $183,900 Active 451 DOM
2. 2026-06-18
   days on market $183,900 Active 450 DOM
3. 2026-06-17
   days on market $183,900 Active 449 DOM
4. 2026-06-16
   days on market $183,900 Active 448 DOM
5. 2026-06-15
   days on market $183,900 Active 447 DOM
6. 2026-06-13
   days on market $183,900 Active 444 DOM
7. 2026-06-10
   days on market $183,900 Active 442 DOM
8. 2026-06-09
   days on market $183,900 Active 441 DOM
9. 2026-06-08
   days on market $183,900 Active 440 DOM
10. 2026-06-07
    days on market $183,900 Active 439 DOM
11. 2026-06-05
    days on market $183,900 Active 436 DOM
12. 2026-06-03
    days on market $183,900 Active 435 DOM
13. 2026-06-02
    days on market $183,900 Active 434 DOM
14. 2026-06-01
    days on market $183,900 Active 433 DOM
15. 2026-05-31
    days on market $183,900 Active 432 DOM
16. 2026-05-30
    days on market $183,900 Active 431 DOM
17. 2026-05-06
    price $183,900
18. 2026-04-24
    status Active
19. 2026-04-15
    historical
20. 2026-03-26
    status Active
21. 2026-03-26
    historical
22. 2026-02-21
    status Active
23. 2026-02-20
    historical
24. 2026-02-02
    status Active
25. 2026-01-31
    historical
26. 2026-01-16
    price $185,900
27. 2025-11-05
    price $186,900
28. 2025-10-02
    status Active
29. 2025-09-30
    historical
30. 2025-08-07
    price $187,900
31. 2025-05-30
    price $189,000
32. 2025-03-13
    listed $189,900 Active
33. 2025-01-02
    status Active
34. 2024-10-23
    status Active
35. 2024-08-08
    status Pending
36. 2024-08-08
    historical
37. 2024-08-08
    historical
38. 2024-06-14
    price $189,900
39. 2024-05-02
    price $194,900
40. 2024-03-10
    listed $199,900 Active
41. 2023-05-17
    soldstatus $85,000 Closed 522-char remark

    Show marketing remark (522 chars)

    Great investment opportunity this 3-bedroom 1 bathroom home is in the heart of Greenville, and only 2.6 miles from East Carolina University, The property is sitting on a 0.70-acre lot and the home is approximately 1,117 Sqft. The roof of the property was installed in approximately 2007-2009. The home does not have central heat and air and is currently being heated with a wall furnace, with a little bit of TLC this home would be a perfect investment property. Best offer's are to be submitted Monday 04/24/23 at 5:00pm.

42. 2023-05-17
    soldstatus $85,000

    Show marketing remark (522 chars)

    Great investment opportunity this 3-bedroom 1 bathroom home is in the heart of Greenville, and only 2.6 miles from East Carolina University, The property is sitting on a 0.70-acre lot and the home is approximately 1,117 Sqft. The roof of the property was installed in approximately 2007-2009. The home does not have central heat and air and is currently being heated with a wall furnace, with a little bit of TLC this home would be a perfect investment property. Best offer's are to be submitted Monday 04/24/23 at 5:00pm.

43. 2023-04-26
    status Pending 522-char remark

    Show marketing remark (522 chars)

    Great investment opportunity this 3-bedroom 1 bathroom home is in the heart of Greenville, and only 2.6 miles from East Carolina University, The property is sitting on a 0.70-acre lot and the home is approximately 1,117 Sqft. The roof of the property was installed in approximately 2007-2009. The home does not have central heat and air and is currently being heated with a wall furnace, with a little bit of TLC this home would be a perfect investment property. Best offer's are to be submitted Monday 04/24/23 at 5:00pm.

44. 2023-04-25
    status Pending 522-char remark

    Show marketing remark (522 chars)

    Great investment opportunity this 3-bedroom 1 bathroom home is in the heart of Greenville, and only 2.6 miles from East Carolina University, The property is sitting on a 0.70-acre lot and the home is approximately 1,117 Sqft. The roof of the property was installed in approximately 2007-2009. The home does not have central heat and air and is currently being heated with a wall furnace, with a little bit of TLC this home would be a perfect investment property. Best offer's are to be submitted Monday 04/24/23 at 5:00pm.

45. 2023-04-20
    listed $60,000 Active 522-char remark

    Show marketing remark (522 chars)

    Great investment opportunity this 3-bedroom 1 bathroom home is in the heart of Greenville, and only 2.6 miles from East Carolina University, The property is sitting on a 0.70-acre lot and the home is approximately 1,117 Sqft. The roof of the property was installed in approximately 2007-2009. The home does not have central heat and air and is currently being heated with a wall furnace, with a little bit of TLC this home would be a perfect investment property. Best offer's are to be submitted Monday 04/24/23 at 5:00pm.

46. 2023-03-24
    historical $60,000 522-char remark

    Show marketing remark (522 chars)

    Great investment opportunity this 3-bedroom 1 bathroom home is in the heart of Greenville, and only 2.6 miles from East Carolina University, The property is sitting on a 0.70-acre lot and the home is approximately 1,117 Sqft. The roof of the property was installed in approximately 2007-2009. The home does not have central heat and air and is currently being heated with a wall furnace, with a little bit of TLC this home would be a perfect investment property. Best offer's are to be submitted Monday 04/24/23 at 5:00pm.

47. 1998-03-01
    soldstatus $23,500

ⓘ 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: $1,005 · $84/mo
• Projected year-2 tax: $1,508 · $126/mo
• Expected delta: +$503/yr (+$42/mo · 50.1%)

ⓘ 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 ≥107°F today · 17 d/yr by 30 yrs out
• 💨 Wind 8/10 Severe 80% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $17,063
• − Mortgage interest: −$10,301
• − Property taxes: −$1,005
• − Insurance: −$920
• − Repairs & maintenance: −$1,365
• − Management: −$1,365
• − Depreciation: −$5,350
• Taxable loss: −$3,243
• Est. tax savings @ 24.0%: +$778
• After-tax cash flow: $761/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: Pitt County Schools
• NCES district ID: 3700012
• Math proficiency: 41% ▬ 0.00%
• Reading proficiency: 44% ▲ 2.00%
• Median HH income: $40,631
• Composite: 35.67/100
• National rank: #4877
• State rank: #100 of 178 in NC

Livability — Greenville

• Score: 77/100
• State rank: #30
• US rank: #2977

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Greenville, NC
• County: Pitt County · 142,592 people
• City population: 115,121
• Metro: Greenville, NC
• Population (ZIP): 58,774
• Household income: $59,713
• Rent vs Own: 57.1% rent · 42.9% own
• Severe rent burden: 4499.0

Population outlook (Pitt County) Hauer SSP2

• Today (2025): 194,585 people
• By 2030: 203,756 · +4.7%
• By 2040: 220,807 · +13.5%
• By 2050: 236,614 · +21.6%
• By 2075: 275,940 · +41.8%
• By 2100: 300,058 · +54.2%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (67%)
• Race & ethnicity: White 67% Black 20% Hispanic / Latino 6% Two or more races 5% Asian 2%
• Hispanic origin (detail): Mexican 4% Puerto Rican 1%
• Common ancestry: Serbian 3% Italian 2% Slovak 2%
• Foreign-born: 5% · Canada, South Korea
• Languages at home: 93% English-only · Spanish 5% Other Asian/Pacific 1%

Political lean MEDSL · Pitt

• 2024 margin: Lean D (+6.0) · D 52.5% · R 46.5% · Other 1.1%
• 2008→2024 swing: -2.8pp toward R · 2008: 8.8pp · 2024: 6.0pp
• All cycles: 2024: D+6.0 2020: D+9.4 2016: D+7.4 2012: D+6.7 2008: D+8.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -217.60%
• Current HPI: 175.2236
• Rent YoY: ▲ 5.28%
• Metro: Greenville, 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

+682.6% since first listed

31 events — show timeline

• 2026-05-06 Price Changed $183,900 Hive MLS
• 2026-04-24 Relisted — Hive MLS
• 2026-04-15 Listing Removed — Hive MLS
• 2026-03-26 Relisted — Hive MLS
• 2026-03-26 Listing Removed — Hive MLS
• 2026-02-21 Relisted — Hive MLS
• 2026-02-20 Listing Removed — Hive MLS
• 2026-02-02 Relisted — Hive MLS
• 2026-01-31 Listing Removed — Hive MLS
• 2026-01-16 Price Changed $185,900 Hive MLS
• 2025-11-05 Price Changed $186,900 Hive MLS
• 2025-10-02 Relisted — Hive MLS
• 2025-09-30 Listing Removed — Hive MLS
• 2025-08-07 Price Changed $187,900 Hive MLS
• 2025-05-30 Price Changed $189,000 Hive MLS
• 2025-03-13 Listed $189,900 Hive MLS
• 2025-01-02 Relisted — Hive MLS
• 2024-10-23 Relisted — Hive MLS
• 2024-08-08 Pending — Hive MLS
• 2024-08-08 Listing Removed — Hive MLS
• 2024-08-08 Listing Removed — Hive MLS
• 2024-06-14 Price Changed $189,900 Hive MLS
• 2024-05-02 Price Changed $194,900 Hive MLS
• 2024-03-10 Listed $199,900 Hive MLS
• 2023-05-17 Sold (Public Records) $85,000 Public Records
• 2023-05-17 Sold (MLS) $85,000 Hive MLS
• 2023-04-26 Pending — Hive MLS
• 2023-04-25 Pending — Hive MLS
• 2023-04-20 Listed $60,000 Hive MLS
• 2023-03-24 Coming Soon $60,000 Hive MLS
• 1998-03-01 Sold (Public Records) $23,500 Public Records

Property tax history

+5.8%/yr

Latest (2025): $1,005 · +1.2% YoY. Source: county tax records.