2910 Rose St · Greenville, NC 27858

$175,000

3 bd · 1.0 ba · 1,320 sqft · SingleFamily public records · 2 Days on market

Built 1955 0.29 ac lot Est $195k · 10% under

---

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 +13.0/30.0
• ARV discount +12.2/15.0
• DSCR +3.9/10.0
• Livability +3.9/5.0
• Rent growth +3.8/5.0
• Schools +3.6/10.0
• 1% rule +3.1/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Welcome to 2910 Rose Street! Nestled in the heart of Greenville, this home offers a convenient location close to East Carolina University, the hospital, shopping, and restaurants. Featuring 3 bedrooms, 2 full bathrooms, and a cozy family room. The kitchen provides ample cabinet space along with a breakfast nook. Step outside to enjoy the spacious deck overlooking the fenced-in backyard, ideal for entertaining and pets. A detached one-car garage adds additional storage and convenience. Crawlspace repairs have been completed and new ductwork installed beneath the home. Call today for your private showing!

Key facts

• New ductwork
• Spacious deck
• Convenient location

Tags

• CONVENIENT LOCATION
• SPACIOUS DECK
• FENCED-IN BACKYARD
• DETACHED GARAGE
• NEW DUCTWORK

Property features AI

Exterior

• Parking: Paved parking; 1 total parking space; 1-car garage
• Utilities: Public water; Sewer available; Water available
• Home design: Single-family residence; One-level / single-story; Entry level: 1
• Construction: Vinyl siding and frame construction
• Exterior features: Deck; Back yard fencing; Shingle roof; Storage structure; Public road is paved; Has a view

Interior

• Kitchen: Electric oven; Dishwasher; Microwave
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central air conditioning; Electric heating; Heat pump; Natural gas heating
• Interior features: Ceiling fans; Window coverings; Crawl space basement

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $175k.

Deal economics

• At list price, monthly cash flow is $-9 ($-110/yr) — negative.
• To cash-flow at today's rent, offer at most $173k (0.9% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $142k (18.7% below list).
• Recommended offer: $142k (18.7% below list) — sets the bar for 1% rule.
• Cap rate 6.2% vs local median 3.8% in Greenville — 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 77/100 on livability (#30 in NC, #2,977 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, health & safety A+; Watch: crime F, employment F.
• Pitt County Schools (rural): math 41% / reading 44% proficiency, ranked #100 of 178 in NC (top 56%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Eastern Elementary (math 48% / reading 50%, grade D, #459 of 1,410 statewide, top 33%, 768 students, 65% FRL); C M Eppes Middle (math 24% / reading 32%, grade F, #360 of 475 statewide, top 77%, 626 students, 99% FRL); Junius H Rose High (math 52% / reading 61%, grade C, #261 of 535 statewide, top 49%, 1,525 students, 50% FRL) — zoned schools average 71% FRL vs 56% district-wide (15 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents rising fast (+5.3%/yr); 291 active listings in the ZIP; 17 comparable units currently listed for rent nearby; rentals at typical pace (median 21d on market — plan ~3-4 weeks tenant-placement turnaround); 1,300 units permitted in Pitt County in 2024 (204 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 $5k of value loss. Plan a longer hold.
• Pitt County population projected at +22% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• Only 2 days on market — expect competitive offers; lowballing is unlikely to land.
• Current owner paid $134k; 31% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: built in 1955 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: severe wind risk, 80% 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 $142,362 (18.7% below list)

Questions for the listing agent

1. 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?
2. Built in 1955 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
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. 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?
6. 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.
7. 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.
8. 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: 0.81% ✗
• Cap rate: 6.23%
• Cash-on-cash: -0.22%
• DSCR: 0.99
• GRM: 10.2

CMA / ARV

• ARV (on-the-fly): $195,360
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
111 Alexander Cir	0.17mi	3/1.5	1,250 (-5%)	0mo	$182,000	$146	81
2804 Crockett Dr	0.08mi	3/2.0	1,350 (+2%)	12mo	$176,250	$131	79
103 John Ave	0.18mi	3/2.0	1,288 (-2%)	6mo	$160,000	$124	78
2304 Jefferson Dr	0.25mi	3/1.5	1,275 (-3%)	9mo	$172,000	$135	73
2815 Edwards St	0.16mi	3/2.0	1,393 (+6%)	8mo	$163,500	$117	73
2704 Tryon Dr	0.13mi	3/1.5	1,216 (-8%)	10mo	$180,000	$148	70
1310 Cotten Rd	0.53mi	3/1.0	1,364 (+3%)	1mo	$208,000	$152	69
109 John Ave	0.17mi	3/2.0	1,489 (+13%)	4mo	$260,000	$175	63
2603 Jackson Dr	0.28mi	3/2.0	1,150 (-13%)	1mo	$195,000	$170	61
110 Fletcher Pl	0.51mi	3/2.0	1,215 (-8%)	1mo	$224,900	$185	58
1306 Cotten Rd	0.53mi	3/1.0	1,153 (-13%)	9mo	$183,475	$159	47
1118 B Brownlea Dr	0.67mi	3/4.0	1,382 (+5%)	12mo	$192,500	$139	39

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 · 5.28% rent growth · sell at horizon

5-year hold

• IRR: -14.3%
• Equity multiple: 0.48×
• Total profit: $-25,624
• Equity at exit: $26,093

10-year hold

• IRR: -2.4%
• Equity multiple: 0.82×
• Total profit: $-8,802
• Equity at exit: $15,131

Cash invested: $49,000 (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 27858

• Rents YoY: 5.3%
• Active inventory: 291
• Price-to-rent: 10.2×

Monthly cashflow live

• Estimated rent: $1,424 high
• Mortgage (P&I): −$918
• Tax from tax record: −$143 /mo · $1,718/yr
• Insurance: −$73
• HOA: −$0
• Vacancy / Maint / Mgmt: −$299
• Net cashflow: $-9

Break-even live

Break-even rent $1,435

Max offer price $173,387

Occupancy floor 96%

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: $43,750
• Closing costs: $5,250
• Reserves months: —
• Total cash needed: —

Rent comps 17 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
204 Eastbrook Dr Greenville, NC	2.0	1.0–1.5	882	$935	$1.06	21d	2	0.42mi
3002 Kingston Cir Greenville, NC	1.0–2.0	1.0–1.5	799	$1,250	$1.56	21d	1	0.45mi
2414 Slay Dr Greenville, NC	3.0	1.0	1372	$1,650	$1.20	21d	1	0.46mi
2201 E 10th St Greenville, NC	2.0	1.0	1000	$875	$0.88	21d	1	0.56mi
100 David Dr Unit E6 Greenville, NC	3.0	2.5	1492	$1,450	$0.97	13d	1	0.61mi
1119 Brownlea Dr Greenville, NC	3.0	3.0	1382	$1,600	$1.16	21d	1	0.63mi
2631 Cypress View Dr Greenville, NC	3.0	3.0	1354	$1,178	$0.87	21d	1	0.65mi
334 Brownlea Dr Unit 6G Greenville, NC	3.0	3.0	1205	$1,095	$0.91	13d	1	0.87mi
330 Brownlea Dr Unit 5F Greenville, NC	3.0	3.0	1205	$1,095	$0.91	13d	1	0.87mi
2235 Locksley Woods Dr Unit E Greenville, NC	3.0	2.0	1546	$1,600	$1.03	21d	1	0.94mi
2225 Locksley Woods Dr Unit C Greenville, NC	2.0	2.0	1367	$1,450	$1.06	21d	1	0.98mi
205 Wyndham Cir Unit B Greenville, NC	2.0	2.0	940	$1,045	$1.11	21d	1	1.18mi
3535 E 10th St Greenville, NC	3.0–4.0	2.0–3.0	1280	$1,350	$1.05	13d	1	1.20mi
301 Maple St Greenville, NC	3.0	2.0	1230	$1,800	$1.46	21d	1	1.22mi
114 N Meade St Unit B Greenville, NC	3.0	1.5	931	$1,350	$1.45	21d	1	1.37mi
1798 Scarborough Rd Greenville, NC	3.0	2.0	1208	$1,800	$1.49	21d	1	1.40mi
115 Stancill Dr Unit B Greenville, NC	3.0	1.0	1090	$1,500	$1.38	21d	1	1.42mi

Listing history 3 events

1. 2026-05-23
   status Pending
2. 2026-05-20
   listed $175,000 Active
3. 2007-05-01
   soldstatus $134,000

ⓘ 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: $1,718 · $143/mo
• Projected year-2 tax: $1,718 · $143/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 1/10 Low
• 🌡 Heat 8/10 Severe 7 d/yr ≥107°F today · 17 d/yr by 30 yrs out
• 💨 Wind 8/10 Severe 80% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $17,083
• − Mortgage interest: −$9,803
• − Property taxes: −$1,718
• − Insurance: −$875
• − Repairs & maintenance: −$1,367
• − Management: −$1,367
• − Depreciation: −$5,091
• Taxable loss: −$3,136
• Est. tax savings @ 24.0%: +$753
• After-tax cash flow: $643/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: Pitt County Schools
• NCES district ID: 3700012
• Math proficiency: 41% ▬ 0.00%
• Reading proficiency: 44% ▲ 2.00%
• Median HH income: $40,631
• Composite: 35.67/100
• National rank: #4877
• State rank: #100 of 178 in NC

Livability — Greenville

• Score: 77/100
• State rank: #30
• US rank: #2977

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Greenville, NC
• County: Pitt County · 142,592 people
• City population: 115,121
• Metro: Greenville, NC
• Population (ZIP): 58,774
• Household income: $59,713
• Rent vs Own: 57.1% rent · 42.9% own
• Severe rent burden: 4499.0

Population outlook (Pitt County) Hauer SSP2

• Today (2025): 194,585 people
• By 2030: 203,756 · +4.7%
• By 2040: 220,807 · +13.5%
• By 2050: 236,614 · +21.6%
• By 2075: 275,940 · +41.8%
• By 2100: 300,058 · +54.2%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (67%)
• Race & ethnicity: White 67% Black 20% Hispanic / Latino 6% Two or more races 5% Asian 2%
• Hispanic origin (detail): Mexican 4% Puerto Rican 1%
• Common ancestry: Serbian 3% Italian 2% Slovak 2%
• Foreign-born: 5% · Canada, South Korea
• Languages at home: 93% English-only · Spanish 5% Other Asian/Pacific 1%

Political lean MEDSL · Pitt

• 2024 margin: Lean D (+6.0) · D 52.5% · R 46.5% · Other 1.1%
• 2008→2024 swing: -2.8pp toward R · 2008: 8.8pp · 2024: 6.0pp
• All cycles: 2024: D+6.0 2020: D+9.4 2016: D+7.4 2012: D+6.7 2008: D+8.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -217.60%
• Current HPI: 175.2236
• Rent YoY: ▲ 5.28%
• Metro: Greenville, 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

+30.6% since first listed

3 events — show timeline

• 2026-05-23 Pending — Hive MLS
• 2026-05-20 Listed $175,000 Hive MLS
• 2007-05-01 Sold (Public Records) $134,000 Public Records

Property tax history

+3.1%/yr

Latest (2025): $1,718 · +0.7% YoY. Source: county tax records.