519 N Staley St · Liberty, NC 27298

$200,000

2 bd · 1.0 ba · 870 sqft · SingleFamily public records · 1 Days on market

Built 1950 0.40 ac lot Est $172k · 16% over

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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 +15.5/30.0
• DSCR +4.8/10.0
• Livability +3.7/5.0
• Schools +3.6/10.0
• 1% rule +3.3/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• ARV discount +0.3/15.0
• Appreciation +0.0/10.0

Listing remarks MLS

Adorable home located in Liberty, NC! Located minutes from Toyota plant and Wolfspeed. Home has recently been painted on the outside, new roof, new exterior doors, trees trimmed and new sheetrock work in the home. Interior of the home needs some TLC but will be a blank canvas for you to make your own. Come take a look and bring an offer. Do not miss this opportunity to own your own home! Owner/Broker

Key facts

• Custom cabinetry
• Fully renovated
• Quartz countertops

Tags

• FULLY RENOVATED
• OPEN-CONCEPT LAYOUT
• COZY ELECTRIC FIREPLACE
• CUSTOM CABINETRY
• QUARTZ COUNTERTOPS
• BRAND-NEW APPLIANCES

Property features AI

Finance

• Other: Approximately 0.4 acre lot
• HOA & community: No homeowners association; Subdivision: Liberty Heights

Exterior

• Parking: Driveway with gravel parking; No garage
• Utilities: Public water; Public sewer; Electric water heater
• Home design: Residential stick/site-built house; One story; Built in 1950; Living room fireplace
• Construction: Aluminum siding; Crawl space foundation
• Exterior features: City lot; Publicly maintained road; Accessible parking

Interior

• Kitchen: Oven; Built-in refrigerator; Dishwasher; Exhaust fan; Range hood
• Bedrooms: Primary bedroom on the main level
• Flooring: Wood flooring
• Bathrooms: One full bathroom
• Heating & cooling: Heat pump; Natural gas heating; Central air conditioning
• Interior features: Primary bedroom on the main level; Pulldown attic stairs; Built-in features; Ceiling fan(s)
• Laundry & utility: Washer hookup; Dryer connection; Electric water heater

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $200k.

Deal economics

• At list price, monthly cash flow is $81 ($966/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 $165k (17.5% below list).
• Recommended offer: $165k (17.5% below list) — sets the bar for 1% rule.
• Cap rate 6.8% vs local median 4.1% in Liberty — 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 74/100 on livability (#56 in NC, #4,472 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: amenities F, commute F, employment F.
• Randolph County School System (rural): math 43% / reading 43% proficiency, ranked #94 of 178 in NC (top 53%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Liberty Elementary School (math 42% / reading 37%, grade F, #694 of 1,410 statewide, top 53%, 415 students, 77% FRL); Northeastern Randolph Middle School (math 36% / reading 39%, grade F, #256 of 475 statewide, top 55%, 481 students, 61% FRL); Providence Grove High School (math 47% / reading 52%, grade D, #311 of 535 statewide, top 60%, 653 students, 51% FRL).
• Market conditions: 80 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 789 units permitted in Randolph County in 2024 (168 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.
• Randolph County population projected to shrink 10% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.

Negotiation context

• Only 1 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.
• Current owner paid $110k; list at $200k implies a 82% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1950 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: moderate wind risk, 25% 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 $165,000 (17.5% below list)

Questions for the listing agent

1. Built in 1950 — 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. 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?
4. 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?
5. 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.
6. 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.
7. 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: 0.83% ✗
• Cap rate: 6.78%
• Cash-on-cash: 1.73%
• DSCR: 1.08
• GRM: 10.1

CMA / ARV

• ARV (on-the-fly): $172,260
• Comps found: 2

Show comp detail 2 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
228 Pickett Cir	0.26mi	2/1.0	835 (-4%)	7mo	$165,000	$198	75
437 Smith St	0.12mi	2/1.0	794 (-9%)	19mo	$80,000	$101	64

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: -13.6%
• Equity multiple: 0.51×
• Total profit: $-27,354
• Equity at exit: $29,821

10-year hold

• IRR: -4.8%
• Equity multiple: 0.69×
• Total profit: $-17,513
• Equity at exit: $17,292

Cash invested: $56,000 (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 27298

• Home prices YoY: -12.8%
• Active inventory: 80
• Price-to-rent: 10.1×

Monthly cashflow live

• Estimated rent: $1,650 medium
• Mortgage (P&I): −$1,049
• Tax from tax record: −$91 /mo · $1,090/yr
• Insurance: −$83
• HOA: −$0
• Vacancy / Maint / Mgmt: −$346
• Net cashflow: $81

Break-even live

Break-even rent $1,548

Max offer price $200,000

Occupancy floor 90%

Sensitivity live

Price	-10% $194	-5% $137	+0% $81	+5% $24	+10% $-33
Rent	-10% $-50	-5% $15	+0% $81	+5% $146	+10% $211
Rate	-1.0pp $181	-0.5pp $131	base $81	+0.5pp $29	+1.0pp $-24

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: $50,000
• Closing costs: $6,000
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
315 E Dameron Ave Liberty, NC	3.0	1.0	1050	$1,650	$1.57	14d	1	0.97mi

Listing history 8 events

1. 2026-05-08
   status Pending
2. 2026-05-07
   listed $200,000 Active
3. 2025-11-01
   soldstatus $110,000 Closed 403-char remark

   Show marketing remark (403 chars)

   Adorable home located in Liberty, NC! Located minutes from Toyota plant and Wolfspeed. Home has recently been painted on the outside, new roof, new exterior doors, trees trimmed and new sheetrock work in the home. Interior of the home needs some TLC but will be a blank canvas for you to make your own. Come take a look and bring an offer. Do not miss this opportunity to own your own home! Owner/Broker

4. 2025-10-31
   soldstatus $110,000
5. 2025-10-09
   status Pending 403-char remark

   Show marketing remark (403 chars)

   Adorable home located in Liberty, NC! Located minutes from Toyota plant and Wolfspeed. Home has recently been painted on the outside, new roof, new exterior doors, trees trimmed and new sheetrock work in the home. Interior of the home needs some TLC but will be a blank canvas for you to make your own. Come take a look and bring an offer. Do not miss this opportunity to own your own home! Owner/Broker

6. 2025-10-01
   historical Due Diligence Period 403-char remark

   Show marketing remark (403 chars)

   Adorable home located in Liberty, NC! Located minutes from Toyota plant and Wolfspeed. Home has recently been painted on the outside, new roof, new exterior doors, trees trimmed and new sheetrock work in the home. Interior of the home needs some TLC but will be a blank canvas for you to make your own. Come take a look and bring an offer. Do not miss this opportunity to own your own home! Owner/Broker

7. 2025-08-21
   listed $129,900 Active 403-char remark

   Show marketing remark (403 chars)

   Adorable home located in Liberty, NC! Located minutes from Toyota plant and Wolfspeed. Home has recently been painted on the outside, new roof, new exterior doors, trees trimmed and new sheetrock work in the home. Interior of the home needs some TLC but will be a blank canvas for you to make your own. Come take a look and bring an offer. Do not miss this opportunity to own your own home! Owner/Broker

8. 2001-09-19
   soldstatus $39,500

ⓘ 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: $1,090 · $91/mo
• Projected year-2 tax: $1,640 · $137/mo
• Expected delta: +$550/yr (+$46/mo · 50.4%)

ⓘ 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 5/10 Major 7 d/yr ≥103°F today · 17 d/yr by 30 yrs out
• 💨 Wind 5/10 Major 25% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $19,800
• − Mortgage interest: −$11,203
• − Property taxes: −$1,090
• − Insurance: −$1,000
• − Repairs & maintenance: −$1,584
• − Management: −$1,584
• − Depreciation: −$5,818
• Taxable loss: −$2,479
• Est. tax savings @ 24.0%: +$595
• After-tax cash flow: $1,561/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: Randolph County School System
• NCES district ID: 3703780
• Math proficiency: 43% ▲ 1.00%
• Reading proficiency: 43% ▲ 2.00%
• Median HH income: $43,490
• Composite: 36.37/100
• National rank: #4686
• State rank: #94 of 178 in NC

Livability — Liberty

• Score: 74/100
• State rank: #56
• US rank: #4472

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Liberty, NC
• Population (ZIP): 10,507

Population outlook (Randolph County) Hauer SSP2

• Today (2025): 142,640 people
• By 2030: 140,911 · -1.2%
• By 2040: 135,692 · -4.9%
• By 2050: 128,575 · -9.9%
• By 2075: 111,507 · -21.8%
• By 2100: 93,376 · -34.5%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (76%)
• Race & ethnicity: White 76% Hispanic / Latino 15% Two or more races 10% Black 7%
• Hispanic origin (detail): Mexican 12%
• Common ancestry: Slovak 4% Lithuanian 2% Serbian 1%
• Foreign-born: 7% · Canada
• Languages at home: 90% English-only · Spanish 9% French/Haitian/Cajun 1%

Political lean MEDSL · Randolph

• 2024 margin: Solid R (+57.2) · D 21.0% · R 78.3%
• 2008→2024 swing: -15.0pp toward R · 2008: -42.3pp · 2024: -57.2pp
• All cycles: 2024: R+57.2 2020: R+56.3 2016: R+56.7 2012: R+50.2 2008: R+42.3

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -37.90%
• Current HPI: 257.7834
• 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

+406.3% since first listed

8 events — show timeline

• 2026-05-08 Pending — Triad MLS
• 2026-05-07 Listed $200,000 Triad MLS
• 2025-11-01 Sold (MLS) $110,000 Triad MLS
• 2025-10-31 Sold (Public Records) $110,000 Public Records
• 2025-10-09 Pending — Triad MLS
• 2025-10-01 Contingent — Triad MLS
• 2025-08-21 Listed $129,900 Triad MLS
• 2001-09-19 Sold (Public Records) $39,500 Public Records

Property tax history

+7.0%/yr

Latest (2025): $1,090 · +7.0% YoY. Source: county tax records.