725 Everett St · Burlington, NC 27215

$150,000

2 bd · 1.5 ba · 1,535 sqft · SingleFamily public records · 7 Days on market

Built 1921 0.27 ac lot Est $244k · 39% under

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Why this score? — see what drove the C+ 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 +24.1/30.0
• ARV discount +15.0/15.0
• DSCR +7.8/10.0
• 1% rule +5.2/10.0
• Livability +3.5/5.0
• Rent growth +3.2/5.0
• Schools +3.0/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Calling all Rehabbers and Investors! There's beauty in this Burlington beast just waiting to be unleashed! Built in 1921, this two bed/two bath property is ready for its next adventure. Open kitchen and dining flow easily into the living area and out onto the sitting porch. Two car, detached garage and ample parking on a corner lot make this one special...

Key facts

• Ample parking
• Sitting porch
• Open kitchen

Tags

• OPEN KITCHEN
• SITTING PORCH
• DETACHED GARAGE
• AMPLE PARKING
• CORNER LOT

Property features AI

Finance

• Other: Property in Alamance County; public maintained road access
• HOA & community: No homeowners association

Exterior

• Parking: Attached 2-car garage; Additional open parking for about 4 vehicles
• Utilities: Public water; Public sewer
• Home design: Site-built single-story home
• Construction: Vinyl siding
• Exterior features: Shingle roof; Lot approximately 0.27 acre with dimensions 111 x 104 x 117 x 98

Interior

• Bedrooms: 2 bedrooms (both on the main level)
• Flooring: Carpet; Linoleum
• Bathrooms: 2 full bathrooms
• Heating & cooling: No heating system specified; Central air conditioning
• Interior features: Carpet and linoleum flooring

What this means for you Summary

Snapshot

• This is a 2-bed/1.5-bath single-family listed at $150k.

Deal economics

• At list price, monthly cash flow is $298 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $150k).
• Cap rate 8.7% vs local median 3.6% in Burlington — 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 (#123 in NC) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: commute D+, schools F, crime F.
• Alamance-Burlington Schools (rural): math 30% / reading 40% proficiency, ranked #133 of 178 in NC (top 75%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents rising (+2.6%/yr); 312 active listings in the ZIP; 7 comparable units currently listed for rent nearby; rentals at typical pace (median 21d on market — plan ~3-4 weeks tenant-placement turnaround); 2,466 units permitted in Alamance County in 2024 (403 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 $4k of value loss. Plan a longer hold.
• Alamance County population projected at +19% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• Only 7 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 $60k; list at $150k implies a 150% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1921 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: moderate wind risk, 21% 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.

Recommended offer $150,000

Questions for the listing agent

1. Built in 1921 — 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: 1.02% ✓
• Cap rate: 8.67%
• Cash-on-cash: 8.51%
• DSCR: 1.38
• GRM: 8.2

CMA / ARV

• ARV (on-the-fly): $244,065
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
614 Tucker St	0.18mi	3/2.0 (+1)	1,657 (+8%)	9mo	$80,000	$48	64
907 Kilby St	0.14mi	3/1.5 (+1)	1,375 (-10%)	9mo	$245,100	$178	64
738 Everett St	0.07mi	3/2.0 (+1)	1,400 (-9%)	14mo	$245,000	$175	63
719 Center Ave	0.25mi	3/1.5 (+1)	1,329 (-13%)	1mo	$285,000	$214	60
516 S Flanner St	0.28mi	2/1.0	1,345 (-12%)	16mo	$200,000	$149	51
1535 Farningham Ln	0.42mi	3/2.5 (+1)	1,408 (-8%)	8mo	$250,000	$178	51
118 N Anthony St	0.62mi	3/2.0 (+1)	1,481 (-4%)	16mo	$220,000	$149	44
116 E Kime St	0.58mi	2/1.0	1,312 (-14%)	3mo	$209,000	$159	44
409 S Flanner St	0.38mi	2/1.0	1,348 (-12%)	20mo	$95,000	$70	43
724 Scott St	0.45mi	3/1.5 (+1)	1,360 (-11%)	17mo	$167,500	$123	40
405 S Anthony St	0.42mi	3/1.0 (+1)	1,358 (-12%)	19mo	$145,000	$107	38
825 Graham St	0.75mi	3/2.0 (+1)	1,398 (-9%)	14mo	$250,000	$179	32

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 · 2.61% rent growth · sell at horizon

5-year hold

• IRR: -3.8%
• Equity multiple: 0.86×
• Total profit: $-5,997
• Equity at exit: $22,365

10-year hold

• IRR: 5.4%
• Equity multiple: 1.39×
• Total profit: $16,538
• Equity at exit: $12,969

Cash invested: $42,000 (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 27215

• Rents YoY: 2.6%
• Active inventory: 312
• Price-to-rent: 8.2×

Monthly cashflow live

• Estimated rent: $1,528 high
• Mortgage (P&I): −$787
• Tax from tax record: −$61 /mo · $727/yr
• Insurance: −$62
• HOA: −$0
• Vacancy / Maint / Mgmt: −$321
• Net cashflow: $298

Break-even live

Break-even rent $1,151

Max offer price $150,000

Occupancy floor 76%

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: $37,500
• Closing costs: $4,500
• Reserves months: —
• Total cash needed: —

Rent comps 7 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2076 Legacy Park Trl Burlington, NC	1.0–3.0	1.0–2.0	1025	$1,575	$1.54	21d	22	0.41mi
830 Oxford Ln Burlington, NC	3.0	1.5	1137	$1,495	$1.31	13d	1	0.48mi
1352 Snow Ct Burlington, NC	3.0	2.0	1250	$1,625	$1.30	13d	1	0.57mi
116 Stagg St Burlington, NC	3.0	2.0	1550	$2,050	$1.32	21d	1	1.03mi
1907 Trail Five Burlington, NC	3.0	2.0	1100	$1,695	$1.54	21d	1	1.09mi
910 N Main St Unit A Burlington, NC	2.0	2.0	1100	$1,395	$1.27	13d	1	1.21mi
2008 S Mebane St Burlington, NC	2.0–3.0	1.5–2.0	1121	$1,200	$1.07	21d	1	1.44mi

Listing history 7 events

1. 2026-06-19
   days on market $150,000 Active 7 DOM
2. 2026-06-18
   days on market $150,000 Active 6 DOM
3. 2026-06-17
   days on market $150,000 Active 5 DOM
4. 2026-06-16
   days on market $150,000 Active 4 DOM
5. 2026-06-15
   days on market $150,000 Active 3 DOM
6. 2026-06-13
   remarks 548-char remark
7. 2026-06-13
   listed $150,000 Active 1 DOM

ⓘ 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: $727 · $61/mo
• Projected year-2 tax: $1,230 · $102/mo
• Expected delta: +$503/yr (+$42/mo · 69.2%)

ⓘ 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 1/10 Low
• 🌡 Heat 5/10 Major 7 d/yr ≥104°F today · 18 d/yr by 30 yrs out
• 💨 Wind 5/10 Major 21% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $18,340
• − Mortgage interest: −$8,402
• − Property taxes: −$727
• − Insurance: −$750
• − Repairs & maintenance: −$1,467
• − Management: −$1,467
• − Depreciation: −$4,364
• Taxable income: $1,163
• Est. tax owed @ 24.0%: −$279
• After-tax cash flow: $3,293/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: Alamance-Burlington Schools
• NCES district ID: 3700030
• Math proficiency: 30% ▼ -6.00%
• Reading proficiency: 40% ▲ 2.00%
• Median HH income: $43,359
• Composite: 29.68/100
• National rank: #6460
• State rank: #133 of 178 in NC

Livability — Burlington

• Score: 70/100
• State rank: #123
• US rank: #7396

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Burlington, NC
• County: Alamance County · 173,369 people
• City population: 88,508
• Metro: Burlington, NC
• Population (ZIP): 47,102
• Household income: $68,825
• Rent vs Own: 40.3% rent · 59.7% own
• Severe rent burden: 1497.0

Population outlook (Alamance County) Hauer SSP2

• Today (2025): 173,381 people
• By 2030: 180,609 · +4.2%
• By 2040: 194,327 · +12.1%
• By 2050: 206,158 · +18.9%
• By 2075: 235,665 · +35.9%
• By 2100: 258,626 · +49.2%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Majority White (64%)
• Race & ethnicity: White 64% Black 20% Hispanic / Latino 10% Two or more races 5% Asian 3%
• Hispanic origin (detail): Mexican 5% Puerto Rican 1%
• Common ancestry: Slovak 3% Serbian 3% Italian 2%
• Foreign-born: 8% · Canada, Vietnam
• Languages at home: 88% English-only · Spanish 8% Other Indo-European 1% Other Asian/Pacific 1%

Political lean MEDSL · Alamance

• 2024 margin: Lean R (+8.2) · D 45.4% · R 53.5% · Other 1.1%
• 2008→2024 swing: +1.1pp toward D · 2008: -9.2pp · 2024: -8.2pp
• All cycles: 2024: R+8.2 2020: R+8.4 2016: R+12.9 2012: R+14.1 2008: R+9.2

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -263.87%
• Current HPI: 224.3392
• Rent YoY: ▲ 2.61%
• Metro: Burlington, 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

+150.0% since first listed

3 events — show timeline

• 2026-06-12 Listed $150,000 Triad MLS
• 2026-06-12 Listed $150,000 TMLS
• 1995-03-24 Sold (Public Records) $60,000 Public Records

Property tax history

+4.3%/yr

Latest (2025): $727 · +2.6% YoY. Source: county tax records.