1311 Canyon Rock Ct Unit U105 · Raleigh, NC
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $473 – $860
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $906 – $1,684
Heat risk 7/10 · Major
- Hot days now (above 105°F)
- 7 days/yr
- Hot days in 30 yrs
- 18 days/yr
Wind risk 6/10 · Moderate
- Chance of severe wind over 30 yrs
- 57.0%
Air-quality risk 3/10 · Minor
- Unhealthy air days now
- 2 days/yr
- Unhealthy air days in 30 yrs
- 2 days/yr
Risk factors via First Street. Map © Google.
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).
- ARV discount +14.8/15.0
- Cash flow +8.7/30.0
- Schools +4.4/10.0
- Livability +4.2/5.0
- Condition / age +3.8/5.0
- 1% rule +3.5/10.0
- Rent growth +2.6/5.0
- DSCR +2.4/10.0
- Appreciation +0.0/10.0
$220,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks
Spacious town-home in Fieldstone Crossing subdivision. 3 large bedrooms and 2.5 bath. Master bedroom suite is very large with awesome bath and dual vanities. Laundry room on second floor. All appliances are in great working order, the fridge is less than a year old. New interior paint. Community pool included in the very low HOA dues. Perfect for owner occupants or investors seeking to add to their portfolio. Wells Fargo offers $10,000 you can use towards the down payment. (Document says it's non-refundable. ) They also offer $5000 towards closing costs. Both documents are attached to this listing.
Key facts
- Community pool
- Laundry room
- New interior paint
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/2.0-bath condo listed at $220k. Condition is rated good.
Deal economics
- At list price, monthly cash flow is $-185 ($-2k/yr) — negative.
- To cash-flow at today's rent, offer at most $193k (12.1% below list).
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $186k (15.3% below list).
- Recommended offer: $186k (15.3% below list) — sets the bar for 1% rule.
- Cap rate 5.3% vs local median 2.8% in Raleigh — 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 83/100 on livability (#10 in NC, #1,028 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, commute A+, housing A+; Watch: crime F.
- Wake County Schools (suburban): math 52% / reading 60% proficiency, ranked #35 of 178 in NC (top 20%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
- Zoned schools: Barwell Road Elementary (math 14% / reading 20%, grade F, #1,287 of 1,410 statewide, top 93%, 672 students, 88% FRL); Carnage Middle (math 63% / reading 69%, grade A-, #26 of 475 statewide, top 5%, 844 students, 32% FRL); South Garner High (math 45% / reading 50%, grade D, #331 of 535 statewide, top 62%, 1,824 students, 66% FRL) — zoned schools average 62% FRL vs 30% district-wide (32 pts higher); higher-poverty schools than district average — tighter screening recommended.
- Zoned-school proficiency averages 44% at this address vs 56% district-wide (-12 pts) — the specific schools serving this property underperform the Wake County Schools average; the district grade overstates school quality for this exact location.
- Market conditions: Rents flat; 922 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 75d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 70% of comp listings sitting > 30 days — soft ceiling on asking rent; 15,249 units permitted in Wake County in 2024 (5,568 in 5+ unit buildings).
- This rent runs 33% of the median local income ($68k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $7k of value loss. Plan a longer hold.
- Wake County population projected at +51% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
Negotiation context
- It's been on market 130 days — a 12% lower offer ($194k) is reasonable based on typical stale-listing flexibility.
- 2 sale attempts; this cycle's ask has dropped $20k (8%) from the opening price — seller is motivated, your offer sets the floor, not the list.
Risks & watch-outs
- Climate carrying-cost: major wind risk, 57% chance of damaging wind over 30y; extreme-heat days projected 7→18/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- 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?
- It's been on market 130 days. Have you received any prior offers? Is the seller open to a 15% concession, seller financing, or rate buy-down credit?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
- 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?
- 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?
- 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.
- 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.
- How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.
Investment metrics
- 1% rule
- 0.85% ✗
- Cap rate
- 5.29%
- Cash-on-cash
- -3.60%
- DSCR
- 0.84
- GRM
- 9.8
CMA / ARV
- ARV (median comp)
- $262,801
- List price
- $220,000
- Delta
- -16.29%
- Verdict
- UNDERPRICED
- Comps
- 20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 4318 Bethel Park Dr | 0.49mi | 3/2.5 | 1,608 (-5%) | 1mo | $287,000 | $178 | 66 |
| 4803 Tanglewood Oaks St | 0.20mi | 3/2.5 | 1,353 (-20%) | 0mo | $180,000 | $133 | 64 |
| 5209 Heelands Ct | 0.18mi | 3/2.5 | 2,097 (+23%) | 1mo | $321,000 | $153 | 64 |
| 205 Rattan Bay Dr | 1.42mi | 3/2.5 | 1,686 (-1%) | 1mo | $320,000 | $190 | 61 |
| 216 Cross Current Ln | 1.41mi | 3/2.5 | 1,666 (-2%) | 0mo | $285,000 | $171 | 60 |
| 5220 Bowes Meadow Ct #17 | 1.40mi | 3/2.0 | 1,770 (+4%) | 0mo | $449,000 | $254 | 58 |
| 2028 Abbeyhill Dr #101 | 1.06mi | 3/2.0 | 1,770 (+4%) | 0mo | $510,000 | $288 | 58 |
| 5503 Fieldcross Ct | 0.53mi | 3/2.5 | 1,301 (-24%) | 0mo | $230,000 | $177 | 48 |
| 1005 Kavkaz St | 0.57mi | 3/2.0 | 1,422 (-16%) | 1mo | $305,000 | $214 | 48 |
| 2433 Fleming Stone Ln #39 | 1.34mi | 3/2.0 | 1,880 (+11%) | 1mo | $520,000 | $277 | 47 |
| 2436 Flemingstone Ln #43 | 1.35mi | 3/2.5 | 2,015 (+18%) | 0mo | $525,000 | $261 | 38 |
| 1510 Mark Massengill Dr | 0.98mi | 4/2.0 (+1) | 1,308 (-23%) | 1mo | $273,000 | $209 | 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 · 0.2% rent growth · sell at horizon
- IRR
- -25.8%
- Equity multiple
- 0.15×
- Total profit
- $-52,403
- Equity at exit
- $32,803
- IRR
- -36.3%
- Equity multiple
- -0.30×
- Total profit
- $-80,129
- Equity at exit
- $19,022
Cash invested: $61,600 (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
ZIP-level market 27610
- Rents YoY
- 0.2%
- Active inventory
- 922
- Price-to-rent
- 9.8×
Monthly cashflow live
- Estimated rent
- $1,863 high interval (Pro) →
- Mortgage (P&I)
- −$1,154
- Tax est. 1.5%
- −$275 /mo · $3,300/yr
- Insurance
- −$92
- HOA
- −$136
- Lot rent
- −$0
- Vacancy / Maint / Mgmt
- −$391
- Net cashflow
- $-185
Break-even live
Sensitivity live
| Price | -10% $-33 | -5% $-109 | +0% $-185 | +5% $-261 | +10% $-337 |
|---|---|---|---|---|---|
| Rent | -10% $-332 | -5% $-258 | +0% $-185 | +5% $-111 | +10% $-37 |
| Rate | -1.0pp $-74 | -0.5pp $-129 | base $-185 | +0.5pp $-242 | +1.0pp $-300 |
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
- $55,000
- Closing costs
- $6,600
- Club membership (one-time)
- —
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 1401 Stone Manor Dr Raleigh, NC | 3.0 | 2.5 | 1617 | $1,675 | $1.04 | 67d | 1 | 0.02mi |
| 1306 Garden Stone Dr Unit DR-1 Raleigh, NC | 3.0 | 2.5 | 1433 | $1,645 | $1.15 | 117d | 1 | 0.05mi |
| 1255 Garden Stone Dr Raleigh, NC | 3.0 | 2.5 | 1700 | $1,795 | $1.06 | 75d | 1 | 0.08mi |
| 1253 Garden Stone Dr Raleigh, NC | 3.0 | 3.0 | 1600 | $1,795 | $1.12 | 119d | 1 | 0.08mi |
| 1211 Canyon Rock Ct Raleigh, NC | 3.0 | 2.5 | 1696 | $1,595 | $0.94 | 7d | 1 | 0.09mi |
| 1233 Garden Stone Dr Raleigh, NC | 3.0 | 2.5 | 1650 | $1,695 | $1.03 | 119d | 1 | 0.10mi |
| 5104 Twisted Willow Way Raleigh, NC | 3.0 | 2.5 | 1144 | $1,600 | $1.40 | 10d | 1 | 0.11mi |
| 5105 Jimmy Ridge Pl Raleigh, NC | 2.0 | 2.5 | 1140 | $1,475 | $1.29 | 72d | 1 | 0.16mi |
| 5105 Jimmy Ridge Pl Raleigh, NC | 2.0 | 2.5 | 1140 | $1,400 | $1.23 | 10d | 1 | 0.16mi |
| 1508 Eva Mae Dr #101 Raleigh, NC | 3.0 | 2.5 | 1250 | $1,695 | $1.36 | 10d | 1 | 0.23mi |
| 1508 Eva Mae Dr Raleigh, NC | 3.0 | 3.0 | 1250 | $1,695 | $1.36 | 10d | 1 | 0.23mi |
| 1208 Haybrook Ln Raleigh, NC | 3.0 | 3.0 | 1300 | $1,695 | $1.30 | 119d | 1 | 0.26mi |
| 1208 Haybrook Ln Unit 102 Raleigh, NC | 3.0 | 2.5 | 1300 | $1,695 | $1.30 | 119d | 1 | 0.26mi |
| 1216 Haybrook Ln Raleigh, NC | 3.0 | 3.0 | 1250 | $1,695 | $1.36 | 88d | 1 | 0.28mi |
| 1216 Haybrook Ln #102 Raleigh, NC | 3.0 | 2.5 | 1250 | $1,695 | $1.36 | 88d | 1 | 0.28mi |
| 1608 Maybrook Dr Raleigh, NC | 3.0 | 2.5 | 1680 | $2,000 | $1.19 | 72d | 1 | 0.32mi |
| 1609 Maybrook Dr Raleigh, NC | 3.0 | 2.0 | 1262 | $1,855 | $1.47 | 10d | 1 | 0.35mi |
| 1822 Eva Mae Dr Raleigh, NC | 4.0 | 2.5 | 1600 | $1,895 | $1.18 | 10d | 1 | 0.36mi |
| 4319 Bethel Park Dr Raleigh, NC | 3.0 | 2.5 | 1600 | $1,795 | $1.12 | 77d | 1 | 0.45mi |
| 4317 Bethel Park Dr Raleigh, NC | 3.0 | 2.5 | 1608 | $1,800 | $1.12 | 119d | 1 | 0.46mi |
| 2607 Dwight Pl Raleigh, NC | 3.0 | 2.5 | 1207 | $1,500 | $1.24 | 7d | 1 | 0.50mi |
| 1405 Cricket Ridge Dr Raleigh, NC | 4.0 | 2.5 | 1937 | $2,100 | $1.08 | 10d | 1 | 0.51mi |
| 2538 Crescent Forest Dr Raleigh, NC | 4.0 | 3.0 | 2042 | $1,925 | $0.94 | 88d | 1 | 0.54mi |
| 5505 Drum Inlet Pl Raleigh, NC | 3.0 | 2.0 | 1108 | $1,695 | $1.53 | 75d | 1 | 0.57mi |
| 2112 Walnut Bluffs Ln Raleigh, NC | 3.0 | 2.5 | 1189 | $1,495 | $1.26 | 108d | 1 | 0.59mi |
| 5513 Bringle Ct Raleigh, NC | 3.0 | 1.5 | 1155 | $1,500 | $1.30 | 119d | 1 | 0.60mi |
| 5633 Fieldcross Ct Raleigh, NC | 3.0 | 2.5 | 1280 | $1,850 | $1.45 | 10d | 1 | 0.60mi |
| 1549 Pebble Ridge Dr Raleigh, NC | 3.0 | 2.5 | 2215 | $2,310 | $1.04 | 64d | 1 | 0.61mi |
| 5410 Talserwood Dr Raleigh, NC | 3.0 | 1.5 | 1111 | $1,650 | $1.49 | 116d | 1 | 0.63mi |
| 1916 Ranch Mill Cir Raleigh, NC | 3.0 | 2.0 | 1237 | $1,650 | $1.33 | 67d | 1 | 0.67mi |
| 5616 Bringle Ct Raleigh, NC | 2.0 | 1.5 | 1300 | $1,800 | $1.38 | 119d | 1 | 0.68mi |
| 725 Kavkaz St Raleigh, NC | 3.0 | 2.5 | 1754 | $2,000 | $1.14 | 7d | 1 | 0.70mi |
| 1637 Brownairs Ln Raleigh, NC | 3.0 | 2.5 | 1233 | $1,825 | $1.48 | 67d | 1 | 0.74mi |
| 1615 Moineau Ln Raleigh, NC | 4.0 | 2.5 | 1739 | $1,980 | $1.14 | 75d | 1 | 0.79mi |
| 2728 Maybrook Crossing Dr Raleigh, NC | 3.0 | 2.5 | 1709 | $1,960 | $1.15 | 75d | 1 | 0.88mi |
| 2540 Bluffs View Dr Raleigh, NC | 1.0–3.0 | 1.0–2.0 | 993 | $1,752 | $1.76 | 1d | 33 | 0.88mi |
| 2540 Bluffs View Dr Raleigh, NC | 1.0–3.0 | 1.0–2.0 | 993 | $1,752 | $1.76 | 119d | 1 | 0.88mi |
| 2816 Erinridge Rd Raleigh, NC | 4.0 | 3.0 | 1522 | $2,195 | $1.44 | 119d | 1 | 0.98mi |
| 2809 Erinridge Rd Raleigh, NC | 3.0 | 2.0 | 1390 | $1,799 | $1.29 | 67d | 1 | 0.98mi |
| 1527 Tom Gipson Dr Raleigh, NC | 3.0 | 2.0 | 1112 | $1,700 | $1.53 | 64d | 1 | 0.98mi |
Property features AI
Finance
- Other
- Zoning: R-10
- HOA & community
- Fieldstone Crossing HOAHOA fee approximately $136 per monthHOA covers water, maintenance of grounds, pest control, road maintenance and storm water maintenanceCommunity pool
Exterior
- Parking
- Open parking with about 20 spaces
- Utilities
- Public waterPublic sewer
- Home design
- TownhouseThree or more levelsUnit U105
- Construction
- Vinyl sidingShingle roofSlab foundationBuilt/structured as a townhouseLiving area approximately 1,700
- Exterior features
- Public maintained asphalt city street frontageCommunity pool
Interior
- Bedrooms
- 3 bedrooms (unit U105)
- Flooring
- CarpetLinoleum
- Bathrooms
- 2 full bathrooms
- Heating & cooling
- Central heating (electric heat pump)Central air (electric heat pump)Ceiling fan(s)
- Interior features
- Updated/remodeled conditionCarpet flooringLinoleum flooringCeiling fans
HOA detail $136/mo · $1,632/yr condo
- Likely covers
- pool
- Assessments
- None detected in remarks — confirm with the listing agent.
Listing history 50 events
-
2026-09-24days on market $220,000 Active 130 DOM
-
2026-09-22days on market $220,000 Active 128 DOM
-
2026-09-21days on market $220,000 Active 127 DOM
-
2026-09-20days on market $220,000 Active 126 DOM
-
2026-09-19days on market $220,000 Active 125 DOM
-
2026-09-18days on market $220,000 Active 124 DOM
-
2026-09-17days on market $220,000 Active 123 DOM
-
2026-09-16days on market $220,000 Active 122 DOM
-
2026-09-15days on market $220,000 Active 121 DOM
-
2026-09-14days on market $220,000 Active 120 DOM
-
2026-09-13days on market $220,000 Active 119 DOM
-
2026-09-12days on market $220,000 Active 118 DOM
-
2026-09-11days on market $220,000 Active 117 DOM
-
2026-09-05statusdays on market $220,000 Active 111 DOM
-
2026-08-20status $220,000 Pending 110 DOM
-
2026-08-19days on market $220,000 Active 110 DOM
-
2026-08-18days on market $220,000 Active 109 DOM
-
2026-08-17days on market $220,000 Active 108 DOM
-
2026-08-16days on market $220,000 Active 107 DOM
-
2026-08-15days on market $220,000 Active 106 DOM
-
2026-08-14days on market $220,000 Active 105 DOM
-
2026-08-13pricedays on market $220,000 Active 104 DOM
-
2026-08-12days on market $225,000 Active 103 DOM
-
2026-08-11days on market $225,000 Active 102 DOM
-
2026-08-10days on market $225,000 Active 101 DOM
-
2026-08-09days on market $225,000 Active 100 DOM
-
2026-08-08days on market $225,000 Active 99 DOM
-
2026-08-07days on market $225,000 Active 98 DOM
-
2026-08-06days on market $225,000 Active 97 DOM
-
2026-08-05days on market $225,000 Active 96 DOM
-
2026-08-03days on market $225,000 Active 94 DOM
-
2026-07-31days on market $225,000 Active 91 DOM
-
2026-07-30days on market $225,000 Active 89 DOM
-
2026-07-28days on market $225,000 Active 88 DOM
-
2026-07-26remarks 605-char remark
-
2026-07-26days on market $225,000 Active 86 DOM
-
2026-07-24days on market $225,000 Active 84 DOM
-
2026-07-23days on market $225,000 Active 83 DOM
-
2026-07-22days on market $225,000 Active 82 DOM
-
2026-07-21days on market $225,000 Active 81 DOM
-
2026-07-20days on market $225,000 Active 80 DOM
-
2026-07-18days on market $225,000 Active 78 DOM
-
2026-07-18days on market $225,000 Active 77 DOM
-
2026-07-16days on market $225,000 Active 76 DOM
-
2026-07-15days on market $225,000 Active 75 DOM
-
2026-07-14days on market $225,000 Active 74 DOM
-
2026-07-13pricedays on market $225,000 Active 73 DOM
-
2026-07-13days on market $235,000 Active 72 DOM
-
2026-07-11days on market $235,000 Active 71 DOM
-
2026-07-10days on market $235,000 Active 70 DOM
ⓘ 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 1/10 Low
- Heat 7/10 Severe 7 d/yr ≥105°F today · 18 d/yr by 30 yrs out
- Wind 6/10 Major 57% chance of damaging wind over 30 yrs
- Air quality 3/10 Moderate 2 unhealthy d/yr today · 2 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $22,356
- − Mortgage interest
- −$12,323
- − Property taxes
- −$3,300
- − Insurance
- −$1,100
- − Repairs & maintenance
- −$1,788
- − Management
- −$1,788
- − HOA
- −$1,632
- − Depreciation
- −$6,400
- Taxable loss
- −$5,977
- Est. tax savings @ 24.0%
- +$1,434
- After-tax cash flow
- $-781/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.
Condition & rehab AI · 12 photos
This well-maintained townhome in Fieldstone Crossing subdivision is move-in ready with minimal updates needed to enhance its value.
Value-add opportunities
- Both Paint touch-ups — Enhances curb appeal and interior aesthetics ↑
- Both New flooring — Improves living space and adds value ↑
- Both Kitchen updates — Modernizes the kitchen and adds value ↑
- Both Bathroom updates — Enhances functionality and adds value ↑
ⓘ Rehab cost is a screening estimate — Cosmetic scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.
Zoned Schools
Schools (NCES district)
- District
- Wake County Schools
- NCES district ID
- 3704720
- Math proficiency
- 52% ▲ 2.00%
- Reading proficiency
- 60% ▲ 4.00%
- Median HH income
- $67,509
- Composite
- 49.41/100
- National rank
- #2010
- State rank
- #35 of 178 in NC
Livability — Raleigh
- Score
- 83/100
- State rank
- #10
- US rank
- #1028
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Raleigh, NC
- County
- Wake County · 1,293,152 people
- City population
- 569,344
- Metro
- Raleigh-Cary, NC
- Population (ZIP)
- 81,419
- Household income
- $67,932
- Rent vs Own
- Severe rent burden
- 16% of renters
Population outlook (Wake County) Hauer SSP2
- Today (2025)
- 1,293,152 people
- By 2030
- 1,428,223 · +10.4%
- By 2040
- 1,698,188 · +31.3%
- By 2050
- 1,955,807 · +51.2%
- By 2075
- 2,520,273 · +94.9%
- By 2100
- 2,893,335 · +123.7%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Diverse neighborhood (Simpson 0.59)
- Race & ethnicity
- Black 59% Hispanic / Latino 20% White 15% Two or more races 8% Asian 1%
- Hispanic origin (detail)
- Mexican 10% Puerto Rican 1% Dominican 1%
- Common ancestry
- Lithuanian 1% Slovak 1% Serbian 1%
- Foreign-born
- 14% · Canada
- Languages at home
- 77% English-only · Spanish 18% Arabic 1% French/Haitian/Cajun 1%
Political lean MEDSL · Wake
- 2024 margin
- Strong D (+25.5) · D 61.9% · R 36.4% · Other 1.7%
- 2008→2024 swing
- +11.1pp toward D · 2008: 14.4pp · 2024: 25.5pp
- All cycles
- 2024: D+25.5 2020: D+26.4 2016: D+20.5 2012: D+10.2 2008: D+14.4
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -131.88%
- Current HPI
- 237.704
- Rent YoY
- ▲ 0.20%
- Metro
- Raleigh-Cary, 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 |
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| Retail | 2 | $95B |
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| Industrial Conglomerate | 1 | $38B |
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| Metals / Steel | 1 | $35B |
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| Utilities | 1 | $30B |
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| Industrial Machinery | 1 | $19B |
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Price history
+2.2% since first listed5 events — show timeline
- 2026-06-13 Price Changed $235,000 TMLS
- 2026-05-01 Listed $240,000 TMLS
- 2026-03-08 Listing Removed — TMLS
- 2026-02-12 Price Changed $225,000 TMLS
- 2026-01-08 Listed $230,000 TMLS
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…