1203 Ridge Ave · Eden, NC 27288

$48,500

5 bd · 3.0 ba · 1,660 sqft · SingleFamily public records · 126 Days on market

Built 1917 0.32 ac lot

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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
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Livability +3.4/5.0
• Schools +3.3/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

INVESTOR OPPORTUNITY with serious upside. Existing triplex setup featuring separate meters, individual entrances, and each unit configured with its own kitchen, laundry, and bedroom areas. Corner lot with two driveways, approx. 2,746 heated sq ft, in-ground pool, and .32 acres. Full renovation project sold strictly as-is. Use caution: floors have collapsed in multiple areas and power and water are currently off. Incredible potential to restore as a triplex income property or convert back into a spacious single-family home. Bring your flashlight, your contractor, and your vision.

Key facts

• In-ground pool
• Individual entrances
• Triplex setup

Tags

• TRIPLEX SETUP
• SEPARATE METERS
• INDIVIDUAL ENTRANCES
• IN-GROUND POOL
• FULL RENOVATION PROJECT

Property features AI

Finance

• HOA & community: No homeowners association; Subdivision: Draper Development

Exterior

• Parking: Attached garage (1 garage space); Driveway and paved parking
• Utilities: Public water; Public sewer; Water heater: None indicated
• Home design: Single-story house; Stick/site built residential property; Built in 1917; Existing structure; Public maintained road
• Construction: Vinyl siding
• Exterior features: Corner lot; City lot; No fencing; Private in-ground pool

Interior

• Bedrooms: Primary on main
• Flooring: Tile flooring; Vinyl flooring; Wood flooring
• Bathrooms: 3 full bathrooms
• Heating & cooling: Cooling: Other; Heating: See remarks
• Interior features: Primary bedroom located on the main level; Ceiling fans

What this means for you Summary

Snapshot

• This is a 5-bed/3.0-bath single-family listed at $48k.

Deal economics

• At list price, monthly cash flow is $784 ($9k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $48k).
• Recommended offer: $43k (12.0% below list) — sets the bar for market timing.
• Cap rate 25.7% vs local median 4.3% in Eden — 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 67/100 on livability (#224 in NC) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: crime D-, amenities F, commute F.
• Rockingham County Schools (rural): math 38% / reading 40% proficiency, ranked #120 of 178 in NC (top 67%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Central Elementary (math 39% / reading 36%, grade F, #766 of 1,410 statewide, top 55%, 585 students, 100% FRL); J E Holmes Middle (math 31% / reading 37%, grade F, #294 of 475 statewide, top 63%, 627 students, 99% FRL); John M Morehead High (math 22% / reading 47%, grade F, #427 of 535 statewide, top 81%, 814 students, 64% FRL) — zoned schools average 87% FRL vs 52% district-wide (36 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: 208 active listings in the ZIP; 344 units permitted in Rockingham County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $335 of loan paydown is wiped out by about $1k of value loss. Plan a longer hold.
• Rockingham County population projected at -22% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $14k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

• It's been on market 126 days — a 12% lower offer ($43k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 9y ago; this cycle's ask has dropped $41k (46%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $38k; 26% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: built in 1917 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: extreme-heat days projected 7→18/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $42,680 (12.0% below list)

Questions for the listing agent

1. It's been on market 126 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1917 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
6. Crime grade is D 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. 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.
8. 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.
9. 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: 2.98% ✓
• Cap rate: 25.70%
• Cash-on-cash: 69.30%
• DSCR: 4.08
• GRM: 2.8

CMA / ARV

• ARV (on-the-fly): $200,860
• Comps found: 2

Show comp detail 2 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
126 N High St	0.60mi	4/2.0 (-1)	1,722 (+4%)	16mo	$208,000	$121	44
1605 E Meadow Rd	0.65mi	4/1.0 (-1)	1,792 (+8%)	16mo	$177,000	$99	30

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: 68.8%
• Equity multiple: 4.10×
• Total profit: $42,124
• Equity at exit: $7,232

10-year hold

• IRR: 72.9%
• Equity multiple: 8.45×
• Total profit: $101,139
• Equity at exit: $4,193

Cash invested: $13,580 (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 27288

• Home prices YoY: -26.5%
• Active inventory: 208
• Price-to-rent: 2.8×

Monthly cashflow live

• Estimated rent: $1,444 medium
• Mortgage (P&I): −$254
• Tax from tax record: −$82 /mo · $987/yr
• Insurance: −$20
• HOA: −$0
• Vacancy / Maint / Mgmt: −$303
• Net cashflow: $784

Break-even live

Break-even rent $452

Max offer price $48,500

Occupancy floor 41%

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: $12,125
• Closing costs: $1,455
• Reserves months: —
• Total cash needed: —

Listing history 44 events

1. 2026-06-16
   status $48,500 Pending 126 DOM
2. 2026-06-15
   days on market $48,500 Active 126 DOM
3. 2026-06-14
   days on market $48,500 Active 124 DOM
4. 2026-06-13
   days on market $48,500 Active 123 DOM
5. 2026-06-10
   days on market $48,500 Active 121 DOM
6. 2026-06-09
   days on market $48,500 Active 120 DOM
7. 2026-06-09
   price $48,500 Active 119 DOM
8. 2026-06-08
   days on market $49,900 Active 119 DOM
9. 2026-06-07
   days on market $49,900 Active 118 DOM
10. 2026-06-03
    days on market $49,900 Active 114 DOM
11. 2026-06-02
    days on market $49,900 Active 113 DOM
12. 2026-06-01
    days on market $49,900 Active 112 DOM
13. 2026-05-31
    days on market $49,900 Active 111 DOM
14. 2026-05-31
    days on market $49,900 Active 110 DOM
15. 2026-05-16
    price $49,900 585-char remark

    Show marketing remark (585 chars)

    INVESTOR OPPORTUNITY with serious upside. Existing triplex setup featuring separate meters, individual entrances, and each unit configured with its own kitchen, laundry, and bedroom areas. Corner lot with two driveways, approx. 2,746 heated sq ft, in-ground pool, and .32 acres. Full renovation project sold strictly as-is. Use caution: floors have collapsed in multiple areas and power and water are currently off. Incredible potential to restore as a triplex income property or convert back into a spacious single-family home. Bring your flashlight, your contractor, and your vision.

16. 2026-05-16
    price $49,900

    Show marketing remark (585 chars)

    INVESTOR OPPORTUNITY with serious upside. Existing triplex setup featuring separate meters, individual entrances, and each unit configured with its own kitchen, laundry, and bedroom areas. Corner lot with two driveways, approx. 2,746 heated sq ft, in-ground pool, and .32 acres. Full renovation project sold strictly as-is. Use caution: floors have collapsed in multiple areas and power and water are currently off. Incredible potential to restore as a triplex income property or convert back into a spacious single-family home. Bring your flashlight, your contractor, and your vision.

17. 2026-05-12
    price $55,900 585-char remark

    Show marketing remark (585 chars)

    INVESTOR OPPORTUNITY with serious upside. Existing triplex setup featuring separate meters, individual entrances, and each unit configured with its own kitchen, laundry, and bedroom areas. Corner lot with two driveways, approx. 2,746 heated sq ft, in-ground pool, and .32 acres. Full renovation project sold strictly as-is. Use caution: floors have collapsed in multiple areas and power and water are currently off. Incredible potential to restore as a triplex income property or convert back into a spacious single-family home. Bring your flashlight, your contractor, and your vision.

18. 2026-05-12
    price $55,900

    Show marketing remark (585 chars)

    INVESTOR OPPORTUNITY with serious upside. Existing triplex setup featuring separate meters, individual entrances, and each unit configured with its own kitchen, laundry, and bedroom areas. Corner lot with two driveways, approx. 2,746 heated sq ft, in-ground pool, and .32 acres. Full renovation project sold strictly as-is. Use caution: floors have collapsed in multiple areas and power and water are currently off. Incredible potential to restore as a triplex income property or convert back into a spacious single-family home. Bring your flashlight, your contractor, and your vision.

19. 2026-04-27
    price $59,900 585-char remark

    Show marketing remark (585 chars)

    INVESTOR OPPORTUNITY with serious upside. Existing triplex setup featuring separate meters, individual entrances, and each unit configured with its own kitchen, laundry, and bedroom areas. Corner lot with two driveways, approx. 2,746 heated sq ft, in-ground pool, and .32 acres. Full renovation project sold strictly as-is. Use caution: floors have collapsed in multiple areas and power and water are currently off. Incredible potential to restore as a triplex income property or convert back into a spacious single-family home. Bring your flashlight, your contractor, and your vision.

20. 2026-04-27
    price $59,900

    Show marketing remark (585 chars)

    INVESTOR OPPORTUNITY with serious upside. Existing triplex setup featuring separate meters, individual entrances, and each unit configured with its own kitchen, laundry, and bedroom areas. Corner lot with two driveways, approx. 2,746 heated sq ft, in-ground pool, and .32 acres. Full renovation project sold strictly as-is. Use caution: floors have collapsed in multiple areas and power and water are currently off. Incredible potential to restore as a triplex income property or convert back into a spacious single-family home. Bring your flashlight, your contractor, and your vision.

21. 2026-04-18
    price $63,500 585-char remark

    Show marketing remark (585 chars)

    INVESTOR OPPORTUNITY with serious upside. Existing triplex setup featuring separate meters, individual entrances, and each unit configured with its own kitchen, laundry, and bedroom areas. Corner lot with two driveways, approx. 2,746 heated sq ft, in-ground pool, and .32 acres. Full renovation project sold strictly as-is. Use caution: floors have collapsed in multiple areas and power and water are currently off. Incredible potential to restore as a triplex income property or convert back into a spacious single-family home. Bring your flashlight, your contractor, and your vision.

22. 2026-04-18
    price $63,500

    Show marketing remark (585 chars)

    INVESTOR OPPORTUNITY with serious upside. Existing triplex setup featuring separate meters, individual entrances, and each unit configured with its own kitchen, laundry, and bedroom areas. Corner lot with two driveways, approx. 2,746 heated sq ft, in-ground pool, and .32 acres. Full renovation project sold strictly as-is. Use caution: floors have collapsed in multiple areas and power and water are currently off. Incredible potential to restore as a triplex income property or convert back into a spacious single-family home. Bring your flashlight, your contractor, and your vision.

23. 2026-04-17
    status Active 585-char remark

    Show marketing remark (585 chars)

    INVESTOR OPPORTUNITY with serious upside. Existing triplex setup featuring separate meters, individual entrances, and each unit configured with its own kitchen, laundry, and bedroom areas. Corner lot with two driveways, approx. 2,746 heated sq ft, in-ground pool, and .32 acres. Full renovation project sold strictly as-is. Use caution: floors have collapsed in multiple areas and power and water are currently off. Incredible potential to restore as a triplex income property or convert back into a spacious single-family home. Bring your flashlight, your contractor, and your vision.

24. 2026-04-17
    status Active

    Show marketing remark (585 chars)

    INVESTOR OPPORTUNITY with serious upside. Existing triplex setup featuring separate meters, individual entrances, and each unit configured with its own kitchen, laundry, and bedroom areas. Corner lot with two driveways, approx. 2,746 heated sq ft, in-ground pool, and .32 acres. Full renovation project sold strictly as-is. Use caution: floors have collapsed in multiple areas and power and water are currently off. Incredible potential to restore as a triplex income property or convert back into a spacious single-family home. Bring your flashlight, your contractor, and your vision.

25. 2026-04-16
    status Pending Accepting Backup Offers 585-char remark

    Show marketing remark (585 chars)

    INVESTOR OPPORTUNITY with serious upside. Existing triplex setup featuring separate meters, individual entrances, and each unit configured with its own kitchen, laundry, and bedroom areas. Corner lot with two driveways, approx. 2,746 heated sq ft, in-ground pool, and .32 acres. Full renovation project sold strictly as-is. Use caution: floors have collapsed in multiple areas and power and water are currently off. Incredible potential to restore as a triplex income property or convert back into a spacious single-family home. Bring your flashlight, your contractor, and your vision.

26. 2026-04-16
    status Pending Accepting Backup Offers

    Show marketing remark (585 chars)

    INVESTOR OPPORTUNITY with serious upside. Existing triplex setup featuring separate meters, individual entrances, and each unit configured with its own kitchen, laundry, and bedroom areas. Corner lot with two driveways, approx. 2,746 heated sq ft, in-ground pool, and .32 acres. Full renovation project sold strictly as-is. Use caution: floors have collapsed in multiple areas and power and water are currently off. Incredible potential to restore as a triplex income property or convert back into a spacious single-family home. Bring your flashlight, your contractor, and your vision.

27. 2026-04-14
    status Pending

    Show marketing remark (585 chars)

    INVESTOR OPPORTUNITY with serious upside. Existing triplex setup featuring separate meters, individual entrances, and each unit configured with its own kitchen, laundry, and bedroom areas. Corner lot with two driveways, approx. 2,746 heated sq ft, in-ground pool, and .32 acres. Full renovation project sold strictly as-is. Use caution: floors have collapsed in multiple areas and power and water are currently off. Incredible potential to restore as a triplex income property or convert back into a spacious single-family home. Bring your flashlight, your contractor, and your vision.

28. 2026-04-14
    status Pending 585-char remark

    Show marketing remark (585 chars)

    INVESTOR OPPORTUNITY with serious upside. Existing triplex setup featuring separate meters, individual entrances, and each unit configured with its own kitchen, laundry, and bedroom areas. Corner lot with two driveways, approx. 2,746 heated sq ft, in-ground pool, and .32 acres. Full renovation project sold strictly as-is. Use caution: floors have collapsed in multiple areas and power and water are currently off. Incredible potential to restore as a triplex income property or convert back into a spacious single-family home. Bring your flashlight, your contractor, and your vision.

29. 2026-03-31
    historical Due Diligence Period

    Show marketing remark (585 chars)

    INVESTOR OPPORTUNITY with serious upside. Existing triplex setup featuring separate meters, individual entrances, and each unit configured with its own kitchen, laundry, and bedroom areas. Corner lot with two driveways, approx. 2,746 heated sq ft, in-ground pool, and .32 acres. Full renovation project sold strictly as-is. Use caution: floors have collapsed in multiple areas and power and water are currently off. Incredible potential to restore as a triplex income property or convert back into a spacious single-family home. Bring your flashlight, your contractor, and your vision.

30. 2026-03-31
    historical Due Diligence Period 585-char remark

    Show marketing remark (585 chars)

    INVESTOR OPPORTUNITY with serious upside. Existing triplex setup featuring separate meters, individual entrances, and each unit configured with its own kitchen, laundry, and bedroom areas. Corner lot with two driveways, approx. 2,746 heated sq ft, in-ground pool, and .32 acres. Full renovation project sold strictly as-is. Use caution: floors have collapsed in multiple areas and power and water are currently off. Incredible potential to restore as a triplex income property or convert back into a spacious single-family home. Bring your flashlight, your contractor, and your vision.

31. 2026-03-21
    price $65,000 585-char remark

    Show marketing remark (585 chars)

    INVESTOR OPPORTUNITY with serious upside. Existing triplex setup featuring separate meters, individual entrances, and each unit configured with its own kitchen, laundry, and bedroom areas. Corner lot with two driveways, approx. 2,746 heated sq ft, in-ground pool, and .32 acres. Full renovation project sold strictly as-is. Use caution: floors have collapsed in multiple areas and power and water are currently off. Incredible potential to restore as a triplex income property or convert back into a spacious single-family home. Bring your flashlight, your contractor, and your vision.

32. 2026-03-21
    price $65,000

    Show marketing remark (585 chars)

    INVESTOR OPPORTUNITY with serious upside. Existing triplex setup featuring separate meters, individual entrances, and each unit configured with its own kitchen, laundry, and bedroom areas. Corner lot with two driveways, approx. 2,746 heated sq ft, in-ground pool, and .32 acres. Full renovation project sold strictly as-is. Use caution: floors have collapsed in multiple areas and power and water are currently off. Incredible potential to restore as a triplex income property or convert back into a spacious single-family home. Bring your flashlight, your contractor, and your vision.

33. 2026-03-05
    price $68,500 585-char remark

    Show marketing remark (585 chars)

    INVESTOR OPPORTUNITY with serious upside. Existing triplex setup featuring separate meters, individual entrances, and each unit configured with its own kitchen, laundry, and bedroom areas. Corner lot with two driveways, approx. 2,746 heated sq ft, in-ground pool, and .32 acres. Full renovation project sold strictly as-is. Use caution: floors have collapsed in multiple areas and power and water are currently off. Incredible potential to restore as a triplex income property or convert back into a spacious single-family home. Bring your flashlight, your contractor, and your vision.

34. 2026-03-05
    price $68,500

    Show marketing remark (585 chars)

    INVESTOR OPPORTUNITY with serious upside. Existing triplex setup featuring separate meters, individual entrances, and each unit configured with its own kitchen, laundry, and bedroom areas. Corner lot with two driveways, approx. 2,746 heated sq ft, in-ground pool, and .32 acres. Full renovation project sold strictly as-is. Use caution: floors have collapsed in multiple areas and power and water are currently off. Incredible potential to restore as a triplex income property or convert back into a spacious single-family home. Bring your flashlight, your contractor, and your vision.

35. 2026-02-26
    price $79,900 585-char remark

    Show marketing remark (585 chars)

    INVESTOR OPPORTUNITY with serious upside. Existing triplex setup featuring separate meters, individual entrances, and each unit configured with its own kitchen, laundry, and bedroom areas. Corner lot with two driveways, approx. 2,746 heated sq ft, in-ground pool, and .32 acres. Full renovation project sold strictly as-is. Use caution: floors have collapsed in multiple areas and power and water are currently off. Incredible potential to restore as a triplex income property or convert back into a spacious single-family home. Bring your flashlight, your contractor, and your vision.

36. 2026-02-26
    price $79,900

    Show marketing remark (585 chars)

    INVESTOR OPPORTUNITY with serious upside. Existing triplex setup featuring separate meters, individual entrances, and each unit configured with its own kitchen, laundry, and bedroom areas. Corner lot with two driveways, approx. 2,746 heated sq ft, in-ground pool, and .32 acres. Full renovation project sold strictly as-is. Use caution: floors have collapsed in multiple areas and power and water are currently off. Incredible potential to restore as a triplex income property or convert back into a spacious single-family home. Bring your flashlight, your contractor, and your vision.

37. 2026-02-05
    listed $89,900 Active 585-char remark

    Show marketing remark (585 chars)

    INVESTOR OPPORTUNITY with serious upside. Existing triplex setup featuring separate meters, individual entrances, and each unit configured with its own kitchen, laundry, and bedroom areas. Corner lot with two driveways, approx. 2,746 heated sq ft, in-ground pool, and .32 acres. Full renovation project sold strictly as-is. Use caution: floors have collapsed in multiple areas and power and water are currently off. Incredible potential to restore as a triplex income property or convert back into a spacious single-family home. Bring your flashlight, your contractor, and your vision.

38. 2026-02-05
    listed $89,900 Active

    Show marketing remark (585 chars)

    INVESTOR OPPORTUNITY with serious upside. Existing triplex setup featuring separate meters, individual entrances, and each unit configured with its own kitchen, laundry, and bedroom areas. Corner lot with two driveways, approx. 2,746 heated sq ft, in-ground pool, and .32 acres. Full renovation project sold strictly as-is. Use caution: floors have collapsed in multiple areas and power and water are currently off. Incredible potential to restore as a triplex income property or convert back into a spacious single-family home. Bring your flashlight, your contractor, and your vision.

39. 2025-02-17
    soldstatus $38,500 Closed 265-char remark

    Show marketing remark (265 chars)

    INVESTOR ALERT!! This property is set up as a triplex and each of the units are separately metered, with individual entrances, laundry rooms, kitchens, and bedrooms. Located at a corner lot with 2 driveways. This property has the potential to be a great investment!

40. 2025-02-08
    status Pending 265-char remark

    Show marketing remark (265 chars)

    INVESTOR ALERT!! This property is set up as a triplex and each of the units are separately metered, with individual entrances, laundry rooms, kitchens, and bedrooms. Located at a corner lot with 2 driveways. This property has the potential to be a great investment!

41. 2025-01-27
    historical Due Diligence Period 265-char remark

    Show marketing remark (265 chars)

    INVESTOR ALERT!! This property is set up as a triplex and each of the units are separately metered, with individual entrances, laundry rooms, kitchens, and bedrooms. Located at a corner lot with 2 driveways. This property has the potential to be a great investment!

42. 2025-01-23
    listed $49,900 Active 265-char remark

    Show marketing remark (265 chars)

    INVESTOR ALERT!! This property is set up as a triplex and each of the units are separately metered, with individual entrances, laundry rooms, kitchens, and bedrooms. Located at a corner lot with 2 driveways. This property has the potential to be a great investment!

43. 2017-08-19
    soldstatus $17,500 Sold
44. 2017-07-24
    listed $22,900 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: $987 · $82/mo
• Projected year-2 tax: $987 · $82/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 6/10 Major 7 d/yr ≥104°F today · 18 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 8% 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: $17,332
• − Mortgage interest: −$2,717
• − Property taxes: −$987
• − Insurance: −$242
• − Repairs & maintenance: −$1,387
• − Management: −$1,387
• − Depreciation: −$1,411
• Taxable income: $9,202
• Est. tax owed @ 24.0%: −$2,208
• After-tax cash flow: $7,202/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: Rockingham County Schools
• NCES district ID: 3703990
• Math proficiency: 38% ▼ -2.00%
• Reading proficiency: 40% ▲ 1.00%
• Median HH income: $38,914
• Composite: 32.6/100
• National rank: #5673
• State rank: #120 of 178 in NC

Livability — Eden

• Score: 67/100
• State rank: #224
• US rank: #10535

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Eden, NC
• County: Rockingham County · 22,926 people
• City population: 22,926
• Metro: Greensboro-High Point, NC
• Population (ZIP): 22,926
• Household income: $52,594
• Rent vs Own: 37.8% rent · 62.2% own
• Severe rent burden: 860.0

Population outlook (Rockingham County) Hauer SSP2

• Today (2025): 87,103 people
• By 2030: 83,763 · -3.8%
• By 2040: 76,082 · -12.7%
• By 2050: 68,106 · -21.8%
• By 2075: 52,531 · -39.7%
• By 2100: 39,871 · -54.2%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (67%)
• Race & ethnicity: White 67% Black 23% Hispanic / Latino 6% Two or more races 5% Native American 1%
• Hispanic origin (detail): Mexican 4%
• Common ancestry: Serbian 2% Slovak 2% Lithuanian 1%
• Foreign-born: 3% · Canada
• Languages at home: 94% English-only · Spanish 5% German/W. Germanic 1%

Political lean MEDSL · Rockingham

• 2024 margin: Solid R (+35.9) · D 31.7% · R 67.6%
• 2008→2024 swing: -19.9pp toward R · 2008: -16.0pp · 2024: -35.9pp
• All cycles: 2024: R+35.9 2020: R+32.0 2016: R+30.0 2012: R+21.3 2008: R+16.0

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -66.28%
• Current HPI: 183.5709
• Rent YoY: —
• Metro: Greensboro-High Point, 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

+117.9% since first listed

30 events — show timeline

• 2026-05-16 Price Changed $49,900 Triad MLS
• 2026-05-16 Price Changed $49,900 Triad MLS
• 2026-05-12 Price Changed $55,900 Triad MLS
• 2026-05-12 Price Changed $55,900 Triad MLS
• 2026-04-27 Price Changed $59,900 Triad MLS
• 2026-04-27 Price Changed $59,900 Triad MLS
• 2026-04-18 Price Changed $63,500 Triad MLS
• 2026-04-18 Price Changed $63,500 Triad MLS
• 2026-04-17 Relisted — Triad MLS
• 2026-04-17 Relisted — Triad MLS
• 2026-04-16 Pending — Triad MLS
• 2026-04-16 Pending — Triad MLS
• 2026-04-14 Pending — Triad MLS
• 2026-04-14 Pending — Triad MLS
• 2026-03-31 Contingent — Triad MLS
• 2026-03-31 Contingent — Triad MLS
• 2026-03-21 Price Changed $65,000 Triad MLS
• 2026-03-21 Price Changed $65,000 Triad MLS
• 2026-03-05 Price Changed $68,500 Triad MLS
• 2026-03-05 Price Changed $68,500 Triad MLS
• 2026-02-26 Price Changed $79,900 Triad MLS
• 2026-02-26 Price Changed $79,900 Triad MLS
• 2026-02-05 Listed $89,900 Triad MLS
• 2026-02-05 Listed $89,900 Triad MLS
• 2025-02-17 Sold (MLS) $38,500 Triad MLS
• 2025-02-08 Pending — Triad MLS
• 2025-01-27 Contingent — Triad MLS
• 2025-01-23 Listed $49,900 Triad MLS
• 2017-08-19 Sold (MLS) $17,500 Triad MLS
• 2017-07-24 Listed $22,900 Triad MLS

Property tax history

+3.3%/yr

Latest (2025): $987 · +0.0% YoY. Source: county tax records.