330 Villa St · Rocky Mount, NC 27804

$114,900

3 bd · 2.5 ba · 1,446 sqft · SingleFamily public records · 22 Days on market

Built 1926 6,970 sqft lot Est $120k · at est.

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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
• DSCR +10.0/10.0
• ARV discount +9.4/15.0
• 1% rule +8.4/10.0
• Livability +3.5/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.2/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Charming home close to downtown Rocky Mount. Large level lot, covered rocking chair front porch. 3 bedrooms, 2 full baths. Home needs some repairs and updates but a worthy project for a sweat equity homeowner or investment property. NC Disclosure not required, survey not available, seller required addenda comes after offer is negotiated. Home to be sold strictly as-is. * Utilities are not on and will not be turned on for inspections. Agents please read agent remarks before contacting LA.

Key facts

• Large level lot
• 6,970 sq ft lot
• Built 1926

Tags

• LARGE LEVEL LOT
• CLOSE TO DOWNTOWN ROCKY MOUNT

Property features AI

Finance

• HOA & community: No homeowners association

Exterior

• Utilities: Public water; Public sewer
• Home design: Single-story house; Site-built construction
• Construction: Construction materials: see remarks; Built as a site-built house
• Exterior features: Shingle roof; Lot approximately 0.16 acres

Interior

• Bedrooms: 3 bedrooms (all on the main level)
• Flooring: Vinyl
• Bathrooms: 2 full bathrooms
• Heating & cooling: Cooling present (type listed as Other); Heating: see remarks
• Interior features: Vinyl flooring

What this means for you Summary

Snapshot

• This is a 3-bed/2.5-bath single-family listed at $115k.

Deal economics

• At list price, monthly cash flow is $502 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $115k).
• Recommended offer: $113k (1.5% below list) — sets the bar for market timing.
• Cap rate 11.5% vs local median 4.5% in Rocky Mount — 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 70/100 on livability (#134 in NC) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: crime F, amenities F, employment F.
• Nash-Rocky Mount Schools (rural): math 20% / reading 32% proficiency, ranked #155 of 178 in NC (top 87%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Zoned schools: Rocky Mount Middle (math 7% / reading 26%, grade F, #449 of 475 statewide, top 96%, 407 students, 97% FRL) — zoned schools average 97% FRL vs 59% district-wide (37 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents soft (-0.2%/yr); 392 active listings in the ZIP; 500 units permitted in Nash County in 2024 (0 in 5+ unit buildings).
• This rent runs 30% of the median local income ($61k/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 $794 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• Nash County population projected at -12% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (-3.0% appreciation + 0.0% rent growth), your $32k cash investment doubles in ~9 years — after that, you're playing with house money.

Negotiation context

• It's been on market 22 days — a 2% lower offer ($113k) is reasonable based on typical stale-listing flexibility.
• 10 sale attempts since 7y ago; this cycle's ask has dropped $15k (12%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1926 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major wind risk, 69% 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 $113,176 (1.5% below list)

Questions for the listing agent

1. Built in 1926 — 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. 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?
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: 1.34% ✓
• Cap rate: 11.54%
• Cash-on-cash: 18.73%
• DSCR: 1.83
• GRM: 6.2

CMA / ARV

• ARV (on-the-fly): $120,018
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
522 S Vyne St	0.29mi	2/1.0 (-1)	1,440 (-0%)	6mo	$55,000	$38	70
216 S Tillery St	0.18mi	3/1.0	1,324 (-8%)	4mo	$74,500	$56	68
923 Belvedere St	0.59mi	3/1.5	1,502 (+4%)	4mo	$125,000	$83	58
733 Cedarbrook Dr	0.44mi	3/1.0	1,322 (-9%)	2mo	$84,000	$64	58
517 Henry St	0.64mi	3/1.5	1,420 (-2%)	8mo	$62,500	$44	57
625 W Raleigh Blvd	0.43mi	3/1.0	1,332 (-8%)	7mo	$30,000	$23	55
708 Cedarbrook Dr	0.45mi	3/1.5	1,315 (-9%)	6mo	$159,900	$122	54
514 S Vyne St	0.29mi	4/3.0 (+1)	1,650 (+14%)	4mo	$205,000	$124	53
1205 W West Haven Blvd	0.64mi	3/1.5	1,362 (-6%)	8mo	$273,000	$200	50
1148 Sunset Ave	0.58mi	3/1.0	1,643 (+14%)	1mo	$149,000	$91	44
736 Cedarbrook Dr	0.47mi	4/2.0 (+1)	1,260 (-13%)	8mo	$168,500	$134	43
617 Pender St	0.72mi	3/1.0	1,232 (-15%)	8mo	$42,000	$34	29

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 · 0.0% rent growth · sell at horizon

5-year hold

• IRR: 7.3%
• Equity multiple: 1.27×
• Total profit: $8,831
• Equity at exit: $17,132

10-year hold

• IRR: 13.9%
• Equity multiple: 1.97×
• Total profit: $31,336
• Equity at exit: $9,934

Cash invested: $32,172 (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 27804

• Rents YoY: -0.2%
• Active inventory: 392
• Price-to-rent: 6.2×

Monthly cashflow live

• Estimated rent: $1,540 medium
• Mortgage (P&I): −$603
• Tax from tax record: −$64 /mo · $764/yr
• Insurance: −$48
• HOA: −$0
• Vacancy / Maint / Mgmt: −$323
• Net cashflow: $502

Break-even live

Break-even rent $904

Max offer price $114,900

Occupancy floor 62%

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: $28,725
• Closing costs: $3,447
• Reserves months: —
• Total cash needed: —

Listing history 50 events

1. 2026-06-19
   days on market $114,900 Active 22 DOM
2. 2026-06-18
   days on market $114,900 Active 21 DOM
3. 2026-06-17
   pricedays on market $114,900 Active 20 DOM
4. 2026-06-16
   days on market $124,900 Active 19 DOM
5. 2026-06-15
   days on market $124,900 Active 18 DOM
6. 2026-06-14
   days on market $124,900 Active 16 DOM
7. 2026-06-13
   days on market $124,900 Active 15 DOM
8. 2026-06-10
   days on market $124,900 Active 13 DOM
9. 2026-06-09
   days on market $124,900 Active 12 DOM
10. 2026-06-08
    days on market $124,900 Active 11 DOM
11. 2026-06-07
    days on market $124,900 Active 10 DOM
12. 2026-06-03
    days on market $124,900 Active 6 DOM
13. 2026-06-02
    days on market $124,900 Active 5 DOM
14. 2026-06-01
    days on market $124,900 Active 4 DOM
15. 2026-05-31
    days on market $124,900 Active 3 DOM
16. 2026-05-30
    days on market $124,900 Active 2 DOM
17. 2026-05-29
    price $124,900 492-char remark

    Show marketing remark (492 chars)

    Charming home close to downtown Rocky Mount. Large level lot, covered rocking chair front porch. 3 bedrooms, 2 full baths. Home needs some repairs and updates but a worthy project for a sweat equity homeowner or investment property. NC Disclosure not required, survey not available, seller required addenda comes after offer is negotiated. Home to be sold strictly as-is. * Utilities are not on and will not be turned on for inspections. Agents please read agent remarks before contacting LA.

18. 2026-05-29
    price $124,900

    Show marketing remark (492 chars)

    Charming home close to downtown Rocky Mount. Large level lot, covered rocking chair front porch. 3 bedrooms, 2 full baths. Home needs some repairs and updates but a worthy project for a sweat equity homeowner or investment property. NC Disclosure not required, survey not available, seller required addenda comes after offer is negotiated. Home to be sold strictly as-is. * Utilities are not on and will not be turned on for inspections. Agents please read agent remarks before contacting LA.

19. 2026-05-28
    listed $129,900 Active
20. 2026-05-26
    listed $129,900 Active 492-char remark

    Show marketing remark (492 chars)

    Charming home close to downtown Rocky Mount. Large level lot, covered rocking chair front porch. 3 bedrooms, 2 full baths. Home needs some repairs and updates but a worthy project for a sweat equity homeowner or investment property. NC Disclosure not required, survey not available, seller required addenda comes after offer is negotiated. Home to be sold strictly as-is. * Utilities are not on and will not be turned on for inspections. Agents please read agent remarks before contacting LA.

21. 2024-07-04
    historical
22. 2024-07-03
    price $142,000
23. 2024-06-25
    price $144,500
24. 2024-06-18
    listed $150,000 Active
25. 2022-11-23
    historical
26. 2022-11-23
    soldstatus $118,000 Closed
27. 2022-11-23
    soldstatus $118,000 Closed
28. 2022-11-23
    soldstatus $118,000
29. 2022-11-23
    soldstatus $118,000
30. 2022-11-22
    status Pending
31. 2022-10-04
    status Pending
32. 2022-10-04
    status Pending
33. 2022-10-04
    price $119,500
34. 2022-10-03
    price $119,500
35. 2022-09-26
    price $124,500
36. 2022-09-26
    price $124,500
37. 2022-09-19
    price $129,500
38. 2022-09-19
    price $129,500
39. 2022-09-07
    price $137,500
40. 2022-09-06
    price $137,500
41. 2022-08-30
    price $142,500
42. 2022-08-30
    price $142,500
43. 2022-08-19
    price $148,500
44. 2022-08-19
    price $148,500
45. 2022-08-17
    listed $158,500 Active
46. 2022-08-17
    listed $119,500
47. 2022-08-16
    listed $158,500 Active
48. 2022-06-02
    soldstatus $70,000 Closed
49. 2022-06-02
    soldstatus $70,000
50. 2022-05-31
    soldstatus $70,000

ⓘ 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: $764 · $64/mo
• Projected year-2 tax: $942 · $79/mo
• Expected delta: +$178/yr (+$15/mo · 23.4%)

ⓘ 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 2/10 Low
• 🌡 Heat 8/10 Severe 7 d/yr ≥107°F today · 16 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 69% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $18,475
• − Mortgage interest: −$6,436
• − Property taxes: −$764
• − Insurance: −$574
• − Repairs & maintenance: −$1,478
• − Management: −$1,478
• − Depreciation: −$3,343
• Taxable income: $4,402
• Est. tax owed @ 24.0%: −$1,057
• After-tax cash flow: $4,970/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: Nash-Rocky Mount Schools
• NCES district ID: 3703270
• Math proficiency: 20% ▼ -3.00%
• Reading proficiency: 32% ▲ 1.00%
• Median HH income: $41,553
• Composite: 22.04/100
• National rank: #8198
• State rank: #155 of 178 in NC

Livability — Rocky Mount

• Score: 70/100
• State rank: #134
• US rank: #7692

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Rocky Mount, NC
• County: Nash County · 50,768 people
• City population: 70,300
• Metro: Rocky Mount, NC
• Population (ZIP): 30,713
• Household income: $61,359
• Rent vs Own: 46.0% rent · 54.0% own
• Severe rent burden: 710.0

Population outlook (Nash County) Hauer SSP2

• Today (2025): 91,107 people
• By 2030: 89,193 · -2.1%
• By 2040: 84,959 · -6.7%
• By 2050: 80,517 · -11.6%
• By 2075: 72,941 · -19.9%
• By 2100: 63,602 · -30.2%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.59)
• Race & ethnicity: Black 52% White 38% Hispanic / Latino 6% Two or more races 3% Asian 1%
• Hispanic origin (detail): Mexican 2%
• Common ancestry: Lithuanian 1% Italian 1% Slovak 1%
• Foreign-born: 4% · Canada
• Languages at home: 94% English-only · Spanish 5% Other Indo-European 1%

Political lean MEDSL · Nash

• 2024 margin: Toss-up / Even · D 48.7% · R 50.5%
• 2008→2024 swing: -0.4pp no change · 2008: -1.3pp · 2024: -1.8pp
• All cycles: 2024: R+1.8 2020: D+0.2 2016: R+0.2 2012: D+0.9 2008: R+1.3

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -142.83%
• Current HPI: 183.0082
• Rent YoY: ▼ -0.17%
• Metro: Rocky Mount, 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

+127.5% since first listed

42 events — show timeline

• 2026-05-29 Price Changed $124,900 Hive MLS
• 2026-05-29 Price Changed $124,900 TMLS
• 2026-05-28 Listed $129,900 TMLS
• 2026-05-26 Listed $129,900 Hive MLS
• 2024-07-04 Listing Removed — TMLS
• 2024-07-03 Price Changed $142,000 TMLS
• 2024-06-25 Price Changed $144,500 TMLS
• 2024-06-18 Listed $150,000 TMLS
• 2022-11-23 Listing Removed — Hive MLS
• 2022-11-23 Sold (Public Records) $118,000 Public Records
• 2022-11-23 Sold (MLS) $118,000 AMLSNC
• 2022-11-23 Sold (MLS) $118,000 TMLS
• 2022-11-23 Sold (MLS) $118,000 Hive MLS
• 2022-11-22 Pending — TMLS
• 2022-10-04 Pending — TMLS
• 2022-10-04 Pending — Hive MLS
• 2022-10-04 Price Changed $119,500 TMLS
• 2022-10-03 Price Changed $119,500 Hive MLS
• 2022-09-26 Price Changed $124,500 TMLS
• 2022-09-26 Price Changed $124,500 Hive MLS
• 2022-09-19 Price Changed $129,500 TMLS
• 2022-09-19 Price Changed $129,500 Hive MLS
• 2022-09-07 Price Changed $137,500 TMLS
• 2022-09-06 Price Changed $137,500 Hive MLS
• 2022-08-30 Price Changed $142,500 TMLS
• 2022-08-30 Price Changed $142,500 Hive MLS
• 2022-08-19 Price Changed $148,500 TMLS
• 2022-08-19 Price Changed $148,500 Hive MLS
• 2022-08-17 Listed $119,500 AMLSNC
• 2022-08-17 Listed $158,500 TMLS
• 2022-08-16 Listed $158,500 Hive MLS
• 2022-06-02 Sold (MLS) $70,000 AMLSNC
• 2022-06-02 Sold (MLS) $70,000 TMLS
• 2022-05-31 Sold (Public Records) $70,000 Public Records
• 2022-05-10 Contingent — TMLS
• 2022-04-21 Relisted — TMLS
• 2022-04-19 Listing Removed — TMLS
• 2022-04-11 Contingent — TMLS
• 2022-02-07 Listed $89,900 AMLSNC
• 2022-02-07 Listed $89,900 TMLS
• 2020-08-11 Sold (MLS) $40,000 Hive MLS
• 2019-10-23 Listed $54,900 Hive MLS

Property tax history

+8.3%/yr

Latest (2025): $764 · +100.0% YoY. Source: county tax records.