3633 Metric Dr · Hope Mills, NC 28348

$163,000

3 bd · 1.0 ba · 960 sqft · SingleFamily public records · 211 Days on market

Built 1978 0.25 ac lot Est $162k · at est.

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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 +18.3/30.0
• ARV discount +7.3/15.0
• DSCR +5.7/10.0
• 1% rule +4.8/10.0
• Rent growth +3.6/5.0
• Livability +3.4/5.0
• Schools +3.1/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

This home is located in the heart of Hope Mills NC, close to parks, shopping , schools, restaurants and so much more. The oversized bedrooms has room for everyone. The large back yard is a great place for cookouts and a great place to entertain.

Key facts

• Recent updates
• Covered carport
• New flooring

Tags

• INTERIOR PAINT
• FUNCTIONAL LAYOUT
• RECENT UPDATES
• NEW FLOORING
• EFFICIENT KITCHEN
• COVERED CARPORT

Property features AI

Exterior

• Parking: Attached carport with 1 covered space
• Security: Smoke detectors
• Utilities: Public water; Public sewer
• Home design: Residential single-family home; Level lot
• Construction: No fireplace; Above- and below-grade area measured in square feet
• Exterior features: Covered patio; Fenced backyard

Interior

• Kitchen: Refrigerator; Cooktop; Range; Dishwasher
• Bedrooms: Total rooms: 5
• Flooring: Tile; Vinyl
• Bathrooms: 1 full bathroom
• Heating & cooling: Heat pump heating; Central electric air conditioning; Ceiling fan cooling
• Interior features: Ceiling fans; Window coverings and blinds; Unfurnished
• Laundry & utility: Washer hookup in unit; Basement (other)

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $163k.

Deal economics

• At list price, monthly cash flow is $149 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $159k (2.4% below list).
• Recommended offer: $143k (12.0% below list) — sets the bar for market timing.
• Cap rate 7.4% vs local median 4.8% in Hope Mills — 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 (#234 in NC) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety B+; Watch: crime D-, amenities F, commute F.
• Cumberland County Schools (urban): math 32% / reading 41% proficiency, ranked #126 of 178 in NC (top 71%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Hope Mills Middle (math 27% / reading 34%, grade F, #331 of 475 statewide, top 70%, 514 students, 99% FRL); South View High (math 60% / reading 43%, grade D+, #299 of 535 statewide, top 56%, 1,502 students, 66% FRL) — zoned schools average 83% FRL vs 55% district-wide (28 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents rising fast (+4.3%/yr); 317 active listings in the ZIP; 9 comparable units currently listed for rent nearby; rentals leasing fast (median 14d on market — plan ~1-2 weeks tenant-placement turnaround); 1,125 units permitted in Cumberland County in 2024 (104 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.

Negotiation context

• It's been on market 211 days — a 12% lower offer ($143k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 3y ago; this cycle's ask has dropped $12k (7%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 80% chance of damaging wind over 30y; moderate wildfire risk; extreme-heat days projected 7→16/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $143,440 (12.0% below list)

Questions for the listing agent

1. It's been on market 211 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 1978 — 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 D-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. 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?
8. 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.
9. 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.
10. 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: 0.98% ✗
• Cap rate: 7.39%
• Cash-on-cash: 3.92%
• DSCR: 1.17
• GRM: 8.5

CMA / ARV

• ARV (on-the-fly): $162,240
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3613 Yorktown Rd	0.29mi	3/1.0	910 (-5%)	2mo	$164,900	$181	76
3656 Metric Dr	0.09mi	3/1.5	1,056 (+10%)	4mo	$195,000	$185	74
3660 Metric Dr	0.11mi	3/1.5	1,038 (+8%)	8mo	$189,900	$183	73
5936 Fairway Dr	0.32mi	3/1.0	1,025 (+7%)	5mo	$200,000	$195	70
3616 Metric Dr	0.06mi	3/1.5	1,101 (+15%)	5mo	$182,000	$165	66
3717 Colonial Cv	0.37mi	3/1.0	1,060 (+10%)	6mo	$179,500	$169	60
5915 Spinner Rd	0.50mi	3/1.5	1,038 (+8%)	3mo	$188,000	$181	59
3225 Glenmore St	0.33mi	3/1.0	1,099 (+14%)	3mo	$145,000	$132	58
3213 Old Oak Ln	0.35mi	3/2.0	1,053 (+10%)	11mo	$175,700	$167	54
6086 Lexington Dr	0.55mi	3/1.5	1,051 (+10%)	3mo	$160,000	$152	54
3737 Colonial Cv	0.45mi	3/1.0	1,060 (+10%)	11mo	$178,000	$168	53
5983 Richfield Ave	0.57mi	3/1.5	1,056 (+10%)	6mo	$173,000	$164	50

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 · 4.28% rent growth · sell at horizon

5-year hold

• IRR: -8.7%
• Equity multiple: 0.67×
• Total profit: $-14,835
• Equity at exit: $24,304

10-year hold

• IRR: 2.3%
• Equity multiple: 1.18×
• Total profit: $8,089
• Equity at exit: $14,093

Cash invested: $45,640 (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 28348

• Home prices YoY: -14.0%
• Rents YoY: 4.3%
• Active inventory: 317
• Price-to-rent: 8.5×

Monthly cashflow live

• Estimated rent: $1,590 high
• Mortgage (P&I): −$855
• Tax from tax record: −$185 /mo · $2,215/yr
• Insurance: −$68
• HOA: −$0
• Vacancy / Maint / Mgmt: −$334
• Net cashflow: $149

Break-even live

Break-even rent $1,402

Max offer price $163,000

Occupancy floor 86%

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: $40,750
• Closing costs: $4,890
• Reserves months: —
• Total cash needed: —

Rent comps 9 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3636 Metric Dr Hope Mills, NC	3.0	1.5	1100	$1,400	$1.27	13d	1	0.03mi
1514 Aristo Pl Hope Mills, NC	2.0	2.0	1000	$1,050	$1.05	13d	1	0.65mi
3332 Kenmont Ln Unit E Hope Mills, NC	2.0	2.5	1100	$1,150	$1.05	23d	1	0.74mi
5693A Archer Rd Hope Mills, NC	2.0	1.5	874	$1,100	$1.26	13d	1	0.81mi
3511 Birchfield Ct Fayetteville, NC	2.0–3.0	2.0	1270	$1,685	$1.33	13d	5	0.82mi
3462 Marty Cir Hope Mills, NC	3.0	2.0	1120	$1,250	$1.12	23d	1	0.94mi
3916 Middle St Hope Mills, NC	2.0	1.0	905	$1,115	$1.23	13d	1	1.04mi
4240 High Stakes Cir Parkton, NC	1.0–3.0	1.0–2.0	1000	$1,625	$1.62	13d	9	1.28mi
3717 Damien Dr Hope Mills, NC	2.0	2.0	975	$1,280	$1.31	13d	3	1.49mi

Listing history 26 events

1. 2026-06-18
   days on market $163,000 Active 211 DOM
2. 2026-06-17
   price $163,000 Active 210 DOM
3. 2026-06-17
   days on market $167,000 Active 210 DOM
4. 2026-06-16
   days on market $167,000 Active 209 DOM
5. 2026-06-15
   days on market $167,000 Active 208 DOM
6. 2026-06-14
   days on market $167,000 Active 206 DOM
7. 2026-06-13
   days on market $167,000 Active 205 DOM
8. 2026-06-10
   days on market $167,000 Active 203 DOM
9. 2026-06-09
   days on market $167,000 Active 202 DOM
10. 2026-06-08
    days on market $167,000 Active 201 DOM
11. 2026-06-07
    remarks 376-char remark
12. 2026-06-07
    days on market $167,000 Active 200 DOM
13. 2026-06-03
    days on market $167,000 Active 196 DOM
14. 2026-06-02
    days on market $167,000 Active 195 DOM
15. 2026-06-01
    days on market $167,000 Active 194 DOM
16. 2026-05-31
    days on market $167,000 Active 193 DOM
17. 2026-05-30
    days on market $167,000 Active 192 DOM
18. 2026-02-17
    price $169,000
19. 2026-01-12
    price $171,000
20. 2025-12-04
    price $172,000
21. 2025-11-19
    listed $175,200 Active
22. 2023-03-30
    soldstatus $149,500
23. 2023-03-29
    soldstatus $149,500 Closed 245-char remark

    Show marketing remark (245 chars)

    This home is located in the heart of Hope Mills NC, close to parks, shopping , schools, restaurants and so much more. The oversized bedrooms has room for everyone. The large back yard is a great place for cookouts and a great place to entertain.

24. 2023-03-07
    status Pending 245-char remark

    Show marketing remark (245 chars)

    This home is located in the heart of Hope Mills NC, close to parks, shopping , schools, restaurants and so much more. The oversized bedrooms has room for everyone. The large back yard is a great place for cookouts and a great place to entertain.

25. 2023-02-28
    price $149,500 245-char remark

    Show marketing remark (245 chars)

    This home is located in the heart of Hope Mills NC, close to parks, shopping , schools, restaurants and so much more. The oversized bedrooms has room for everyone. The large back yard is a great place for cookouts and a great place to entertain.

26. 2023-01-15
    listed $155,000 Active 245-char remark

    Show marketing remark (245 chars)

    This home is located in the heart of Hope Mills NC, close to parks, shopping , schools, restaurants and so much more. The oversized bedrooms has room for everyone. The large back yard is a great place for cookouts and a great place to entertain.

ⓘ 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: $2,215 · $185/mo
• Projected year-2 tax: $2,215 · $185/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 5/10 Major
• 🌡 Heat 7/10 Severe 7 d/yr ≥106°F today · 16 d/yr by 30 yrs out
• 💨 Wind 8/10 Severe 80% chance of damaging wind over 30 yrs
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $19,083
• − Mortgage interest: −$9,131
• − Property taxes: −$2,215
• − Insurance: −$815
• − Repairs & maintenance: −$1,527
• − Management: −$1,527
• − Depreciation: −$4,742
• Taxable loss: −$872
• Est. tax savings @ 24.0%: +$209
• After-tax cash flow: $1,998/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: Cumberland County Schools
• NCES district ID: 3700011
• Math proficiency: 32% ▼ -2.00%
• Reading proficiency: 41% ▼ -1.00%
• Median HH income: $44,168
• Composite: 31.0/100
• National rank: #6096
• State rank: #126 of 178 in NC

Livability — Hope Mills

• Score: 67/100
• State rank: #234
• US rank: #10761

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Hope Mills, NC
• County: Cumberland County · 265,314 people
• City population: 39,196
• Metro: Fayetteville, NC
• Population (ZIP): 39,196
• Household income: $66,129
• Rent vs Own: 25.2% rent · 74.8% own
• Severe rent burden: 746.0

Population outlook (Cumberland County) Hauer SSP2

• Today (2025): 330,855 people
• By 2030: 333,523 · +0.8%
• By 2040: 335,583 · +1.4%
• By 2050: 335,325 · +1.4%
• By 2075: 342,853 · +3.6%
• By 2100: 340,698 · +3.0%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.67)
• Race & ethnicity: White 49% Black 27% Hispanic / Latino 13% Two or more races 11% Asian 2% Native American 2%
• Hispanic origin (detail): Mexican 4% Puerto Rican 5%
• Common ancestry: Romanian 2% Lithuanian 1% Serbian 1%
• Foreign-born: 5% · Canada, South Korea, Vietnam
• Languages at home: 90% English-only · Spanish 8% Other Indo-European 1%

Political lean MEDSL · Cumberland

• 2024 margin: D (+13.4) · D 56.1% · R 42.7% · Other 1.2%
• 2008→2024 swing: -4.3pp toward R · 2008: 17.7pp · 2024: 13.4pp
• All cycles: 2024: D+13.4 2020: D+16.6 2016: D+16.0 2012: D+19.7 2008: D+17.7

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -37.14%
• Current HPI: 228.3122
• Rent YoY: ▲ 4.28%
• Metro: Fayetteville, 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

+9.0% since first listed

9 events — show timeline

• 2026-02-17 Price Changed $169,000 LPRMLS
• 2026-01-12 Price Changed $171,000 LPRMLS
• 2025-12-04 Price Changed $172,000 LPRMLS
• 2025-11-19 Listed $175,200 LPRMLS
• 2023-03-30 Sold (Public Records) $149,500 Public Records
• 2023-03-29 Sold (MLS) $149,500 LPRMLS
• 2023-03-07 Pending — LPRMLS
• 2023-02-28 Price Changed $149,500 LPRMLS
• 2023-01-15 Listed $155,000 LPRMLS

Property tax history

+5.9%/yr

Latest (2025): $2,215 · +50.4% YoY. Source: county tax records.