CashFlowRE
Sign in Sign up
582 Ohmer Dr
D+ Composite 49.14
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 +20.7/30.0
  • DSCR +6.6/10.0
  • 1% rule +5.3/10.0
  • ARV discount +4.0/15.0
  • Livability +3.8/5.0
  • Rent growth +3.3/5.0
  • Schools +3.1/10.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$139,999

582 Ohmer Dr · Fayetteville, NC 28314
3 bd · 2.0 ba · 1,248 sqft · Manufactured public records · 47 Days on market
Built 1985 0.35 ac lot Est $130k · 8% over

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Manufactured Home on . 35 acre lot located on a Cul-de-sac~Buyers and Investors GREAT Opportunity to put your Stamp on this Home and Move In or Start Rental Potential~Open Concept Kitchen and Family Room w/ Eat in Area~Separate Formal Dining Room~Master Bedroom w/ Master Bathroom to include a Large Tub/Shower Surround and Walk in Closet~2 Guest Bedrooms w/ Great Closet Space and Guest Bathroom on Separate Wing of Home~Large Lot w/ Mature Trees~Covered Back Porch Area Perfect for Hosting those Spring/Summer BBQ's~Detachable Double Car Garage w/ Side Door Entry~Single Car Detachable Garage w/ Ramp~Roof June 2020, HVAC (Trane System) August 2015, Garage Roof 2010, Garage Door Opener Installed 2014~Schedule Your Showing Today!

Key facts

  • 0.35 acre lot
  • 2 garage spots
  • Built 1985

Property features AI

Exterior

  • Parking: Detached 2-car garage; 2 covered parking spaces
  • Utilities: Public water; Septic tank and holding tank for sewer
  • Home design: Manufactured home; Residential property
  • Construction: Vinyl siding
  • Exterior features: Located on a cul-de-sac

Interior

  • Kitchen: Refrigerator included
  • Bedrooms: Total of 5 rooms (bedroom count not explicitly stated)
  • Flooring: Laminate flooring; Vinyl flooring
  • Bathrooms: 2 full bathrooms
  • Heating & cooling: Central electric air conditioning; Ceiling fans
  • Interior features: Ceiling fans; Eat-in kitchen; Walk-in closet(s); Window coverings and blinds
  • Laundry & utility: In-unit laundry on the main level

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/2.0-bath manufactured listed at $140k.

Deal economics

  • At list price, monthly cash flow is $190 ($2k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($1k rent vs $140k).
  • Recommended offer: $136k (3.0% below list) — sets the bar for market timing.
  • Cap rate 7.9% vs local median 4.8% in Fayetteville — 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 75/100 on livability (#45 in NC, #4,031 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: crime F, employment D-.
  • 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: Cliffdale Elementary (math 19% / reading 27%, grade F, #1,168 of 1,410 statewide, top 83%, 658 students, 100% FRL); Anne Chesnutt Middle (math 22% / reading 42%, grade F, #317 of 475 statewide, top 68%, 443 students, 99% FRL); Westover High (math 42% / reading 39%, grade F, #387 of 535 statewide, top 73%, 1,202 students, 100% FRL) — zoned schools average 100% FRL vs 55% district-wide (45 pts higher); higher-poverty schools than district average — tighter screening recommended.
  • Market conditions: Rents rising (+3.1%/yr); 435 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 22d on market — plan ~3-4 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 $968 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.

Negotiation context

  • It's been on market 47 days — a 3% lower offer ($136k) is reasonable based on typical stale-listing flexibility.
  • 2 sale attempts since 3y ago; this cycle's ask has dropped $8k (5%) from the opening price — seller is motivated, your offer sets the floor, not the list.
  • Current owner paid $95k; 48% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

  • Climate carrying-cost: major wind risk, 74% chance of damaging wind over 30y; extreme-heat days projected 7→15/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $135,799 (3.0% below list)

Questions for the listing agent

  1. It's been on market 47 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
  2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  3. 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?
  4. 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?
  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
1.03%
Cap rate
7.92%
Cash-on-cash
5.81%
DSCR
1.26
GRM
8.1

CMA / ARV

ARV (on-the-fly)
$129,792
Comps found
1
Show comp detail 1 sale within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
582 Ohmer Dr 0.00mi 3/2.0 1,248 (0%) 1mo $130,000 $104 99

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 · 3.11% rent growth · sell at horizon

5-year hold
IRR
-7.2%
Equity multiple
0.73×
Total profit
$-10,428
Equity at exit
$20,874
10-year hold
IRR
2.5%
Equity multiple
1.18×
Total profit
$7,175
Equity at exit
$12,105

Cash invested: $39,200 (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.

ZIP-level market 28314

Home prices YoY
-15.7%
Rents YoY
3.1%
Active inventory
435
Price-to-rent
8.1×

Monthly cashflow live

Estimated rent
$1,436 high interval (Pro) →
Mortgage (P&I)
$734
Tax from tax record
$152 /mo · $1,826/yr
Insurance
$58
HOA
$0
Vacancy / Maint / Mgmt
$302
Net cashflow
$190

Break-even live

Break-even rent $1,196
Max offer price $139,999
Occupancy floor 82%

Sensitivity live

Price -10% $269 -5% $229 +0% $190 +5% $150 +10% $111
Rent -10% $76 -5% $133 +0% $190 +5% $247 +10% $303
Rate -1.0pp $260 -0.5pp $225 base $190 +0.5pp $154 +1.0pp $117

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
$35,000
Closing costs
$4,200
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 40 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
698 Bartons Landing Pl #5 Fayetteville, NC 2.0 2.0 1136 $1,100 $0.97 24d 1 0.25mi
663 Bartons Landing Pl Unit 2 Fayetteville, NC 2.0 2.0 1150 $1,200 $1.04 15d 1 0.28mi
672 Bartons Landing Pl Fayetteville, NC 2.0 2.0 1145 $1,100 $0.96 15d 1 0.35mi
567 Cutchen Ln Fayetteville, NC 1.0–3.0 1.0–2.0 975 $1,425 $1.46 15d 61 0.36mi
679 Bartons Landing Pl Unit 6 Fayetteville, NC 2.0 2.0 1145 $1,200 $1.05 24d 1 0.41mi
679 Bartons Landing Pl Fayetteville, NC 2.0 2.0 1145 $1,150 $1.00 24d 1 0.41mi
3500 Carlson Bay Ct Fayetteville, NC 1.0–3.0 1.0–2.0 850 $1,350 $1.59 15d 4 0.49mi
1131 Capeharbor Ct Fayetteville, NC 2.0 2.0 1100 $1,345 $1.22 15d 14 0.49mi
540 Auburndale Ln Fayetteville, NC 3.0 2.0 1100 $1,600 $1.45 15d 1 0.52mi
6517 Portsmouth Dr Fayetteville, NC 3.0 1.5 1125 $1,250 $1.11 24d 1 0.53mi
495 Stiles Pl Fayetteville, NC 3.0 2.0 1300 $1,250 $0.96 15d 1 0.53mi
6793 Candlewood Dr Fayetteville, NC 3.0 2.0 1240 $1,475 $1.19 15d 1 0.58mi
6407 Wallaby Ct Fayetteville, NC 2.0 1.5 1100 $1,200 $1.09 15d 1 0.67mi
202 Bertram Pl Fayetteville, NC 3.0 2.0 1175 $1,300 $1.11 15d 1 0.71mi
7298 Ryan St Fayetteville, NC 4.0 1.5 1315 $1,400 $1.06 24d 1 0.81mi
944 Lark Dr Fayetteville, NC 3.0 2.0 1100 $1,395 $1.27 15d 1 0.81mi
420 Mangum Ct Fayetteville, NC 3.0 2.0 1127 $1,550 $1.38 24d 1 0.82mi
338 Milburn Dr Fayetteville, NC 3.0 1.5 1128 $1,550 $1.37 24d 1 0.83mi
5831 Waters Edge Dr Fayetteville, NC 3.0 2.0 1344 $1,545 $1.15 24d 1 0.84mi
605 S Reilly Rd Fayetteville, NC 1.0–3.0 1.0–2.0 992 $1,349 $1.36 15d 1 0.86mi
7252 Ainsley St Fayetteville, NC 3.0 1.0 1265 $1,299 $1.03 24d 1 0.86mi
625 Marshtree Ln Fayetteville, NC 2.0–3.0 2.0 1170 $1,275 $1.09 15d 2 0.94mi
621 Marshtree Ln #305 Fayetteville, NC 2.0 2.0 1140 $1,500 $1.32 24d 1 0.96mi
5761 Waterwood Dr Fayetteville, NC 3.0 2.0 1452 $1,600 $1.10 22d 1 1.01mi
6309 Lynette Cir Fayetteville, NC 3.0 1.5 1014 $1,300 $1.28 24d 1 1.02mi
812 Crescent Commons Way Fayetteville, NC 1.0–2.0 1.0–2.0 963 $1,385 $1.44 15d 10 1.05mi
916 Glen Reilly Dr Fayetteville, NC 3.0 2.0 1071 $1,400 $1.31 24d 1 1.05mi
3325 Oak Forest Dr Fayetteville, NC 1.0–3.0 1.0–2.0 1112 $1,745 $1.57 15d 66 1.09mi
5713 Waterwood Dr Fayetteville, NC 3.0 2.0 1440 $1,650 $1.15 22d 1 1.09mi
6340 Ginger Cir Fayetteville, NC 3.0 1.5 1052 $1,400 $1.33 24d 1 1.13mi
6734 Winchester St Fayetteville, NC 3.0 2.0 1068 $3,195 $2.99 15d 1 1.15mi
3119 Wisteria Ln Unit 102 Fayetteville, NC 3.0 2.0 1415 $1,550 $1.10 15d 1 1.19mi
3330 Harbour Pointe Pl #12 Fayetteville, NC 3.0 2.0 1401 $1,700 $1.21 15d 1 1.20mi
3374 Starboard Way Fayetteville, NC 3.0 2.5 1481 $2,150 $1.45 15d 1 1.23mi
6132 Dandy Loop Rd Fayetteville, NC 3.0 1.0 1456 $1,325 $0.91 24d 1 1.23mi
6848 Torrance Ln Fayetteville, NC 3.0 2.5 1290 $3,295 $2.55 15d 1 1.24mi
6855 Shawcross Ln Fayetteville, NC 3.0 2.0 1100 $1,495 $1.36 24d 1 1.25mi
1001 Brookhollow Dr #4 Fayetteville, NC 3.0 2.0 1311 $1,550 $1.18 24d 1 1.29mi
244 Wickford Ct Unit 6 Fayetteville, NC 2.0 1.5 1141 $995 $0.87 24d 1 1.30mi
1002 Brookhollow Dr #5 Fayetteville, NC 3.0 2.0 1311 $1,290 $0.98 22d 1 1.32mi

Listing history 9 events

  1. 2026-05-12
    status Pending
  2. 2026-04-23
    price $139,999
  3. 2026-03-26
    listed $148,000 Active
  4. 2023-05-26
    soldstatus $94,750 Closed 732-char remark
    Show marketing remark (732 chars)

    Manufactured Home on . 35 acre lot located on a Cul-de-sac~Buyers and Investors GREAT Opportunity to put your Stamp on this Home and Move In or Start Rental Potential~Open Concept Kitchen and Family Room w/ Eat in Area~Separate Formal Dining Room~Master Bedroom w/ Master Bathroom to include a Large Tub/Shower Surround and Walk in Closet~2 Guest Bedrooms w/ Great Closet Space and Guest Bathroom on Separate Wing of Home~Large Lot w/ Mature Trees~Covered Back Porch Area Perfect for Hosting those Spring/Summer BBQ's~Detachable Double Car Garage w/ Side Door Entry~Single Car Detachable Garage w/ Ramp~Roof June 2020, HVAC (Trane System) August 2015, Garage Roof 2010, Garage Door Opener Installed 2014~Schedule Your Showing Today!

  5. 2023-05-25
    soldstatus $95,000
  6. 2023-04-24
    status Pending 732-char remark
    Show marketing remark (732 chars)

    Manufactured Home on . 35 acre lot located on a Cul-de-sac~Buyers and Investors GREAT Opportunity to put your Stamp on this Home and Move In or Start Rental Potential~Open Concept Kitchen and Family Room w/ Eat in Area~Separate Formal Dining Room~Master Bedroom w/ Master Bathroom to include a Large Tub/Shower Surround and Walk in Closet~2 Guest Bedrooms w/ Great Closet Space and Guest Bathroom on Separate Wing of Home~Large Lot w/ Mature Trees~Covered Back Porch Area Perfect for Hosting those Spring/Summer BBQ's~Detachable Double Car Garage w/ Side Door Entry~Single Car Detachable Garage w/ Ramp~Roof June 2020, HVAC (Trane System) August 2015, Garage Roof 2010, Garage Door Opener Installed 2014~Schedule Your Showing Today!

  7. 2023-02-04
    listed $98,500 Active 732-char remark
    Show marketing remark (732 chars)

    Manufactured Home on . 35 acre lot located on a Cul-de-sac~Buyers and Investors GREAT Opportunity to put your Stamp on this Home and Move In or Start Rental Potential~Open Concept Kitchen and Family Room w/ Eat in Area~Separate Formal Dining Room~Master Bedroom w/ Master Bathroom to include a Large Tub/Shower Surround and Walk in Closet~2 Guest Bedrooms w/ Great Closet Space and Guest Bathroom on Separate Wing of Home~Large Lot w/ Mature Trees~Covered Back Porch Area Perfect for Hosting those Spring/Summer BBQ's~Detachable Double Car Garage w/ Side Door Entry~Single Car Detachable Garage w/ Ramp~Roof June 2020, HVAC (Trane System) August 2015, Garage Roof 2010, Garage Door Opener Installed 2014~Schedule Your Showing Today!

  8. 2002-12-31
    soldstatus $88,000
  9. 1999-04-08
    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
$1,826 · $152/mo
Projected year-2 tax
$1,826 · $152/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 7/10 Severe 7 d/yr ≥107°F today · 15 d/yr by 30 yrs out
  • 💨 Wind 6/10 Major 74% chance of damaging wind over 30 yrs
  • 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$17,234
− Mortgage interest
−$7,842
− Property taxes
−$1,826
− Insurance
−$700
− Repairs & maintenance
−$1,379
− Management
−$1,379
− Depreciation
−$4,073
Taxable income
$35
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$8
After-tax cash flow
$2,270/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 — Fayetteville

Score
75/100
State rank
#45
US rank
#4031

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Fayetteville, NC
County
Cumberland County · 265,314 people
City population
226,118
Metro
Fayetteville, NC
Population (ZIP)
55,834
Household income
$62,249
Rent vs Own
52.6% rent · 47.4% own
Severe rent burden
2511.0

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
Black 49% White 25% Hispanic / Latino 16% Two or more races 11% Asian 3%
Hispanic origin (detail)
Mexican 5% Puerto Rican 6% Dominican 1%
Common ancestry
Slovak 1% Romanian 1% Lithuanian 1%
Foreign-born
9% · Canada, South Korea
Languages at home
84% English-only · Spanish 10% Korean 1% Other Asian/Pacific 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
▼ -43.20%
Current HPI
231.873
Rent YoY
▲ 3.11%
Metro
Fayetteville, NC
State GDP YoY
▲ 3.28%
F500 in state
26

Industry mix (Fortune 500 HQ in NC)

Industry F500 HQs Revenue

Price history

+100.0% since first listed
9 events — show timeline
  • 2026-05-12 Pending LPRMLS
  • 2026-04-23 Price Changed $139,999 LPRMLS
  • 2026-03-26 Listed $148,000 LPRMLS
  • 2023-05-26 Sold (MLS) $94,750 LPRMLS
  • 2023-05-25 Sold (Public Records) $95,000 Public Records
  • 2023-04-24 Pending LPRMLS
  • 2023-02-04 Listed $98,500 LPRMLS
  • 2002-12-31 Sold (Public Records) $88,000 Public Records
  • 1999-04-08 Sold (Public Records) $70,000 Public Records

Property tax history

+6.4%/yr

Latest (2025): $1,826 · +49.9% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…