805 S 11th St · Lillington, NC
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 4/10 · Minor
- Est. fire insurance / yr
- $906 – $1,684
Heat risk 7/10 · Major
- Hot days now (above 106°F)
- 7 days/yr
- Hot days in 30 yrs
- 17 days/yr
Wind risk 6/10 · Moderate
- Chance of severe wind over 30 yrs
- 70.0%
Air-quality risk 2/10 · Minimal
- Unhealthy air days now
- 1 days/yr
- Unhealthy air days in 30 yrs
- 1 days/yr
Risk factors via First Street. Map © Google.
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 +15.3/30.0
- ARV discount +15.0/15.0
- DSCR +4.7/10.0
- Livability +3.6/5.0
- 1% rule +3.1/10.0
- Schools +3.0/10.0
- Rent growth +2.5/5.0
- Condition / age +2.5/5.0
- Appreciation +0.0/10.0
$219,000
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
DEAL OF THE CENTURY! GAS PACK HEAT & CENTRAL AIR ON 1ST FLOOR. MODERN KIT. FAMILY ROOM WAS ORIGINALLY A BEDROOM BUT DOESN'T HAVE CLOSET. FREE-STANDING TUB, CRYSTAL & BRASS DOORKNOBS, BIG FRONT PORCH, AND ENCLOSED BACK PORCH! SECOND FLOOR HAS BASEBOARD HEAT & WINDOW UNIT AIR & CAN BE SHUT OFF FROM 1ST FLOOR. REFRIGERATOR, WASHER, DRYER & WIRED STORAGE BUILDING CONVEY.
Key facts
- Rental potential
- Flexible layout
- Conveniently located
Tags
Property features AI
Finance
- Other: Publicly maintained paved roads; City street and state road frontage; Property in Harnett County
- HOA & community: No association
Exterior
- Parking: 3 open parking spaces; Direct access parking and on-street parking available
- Utilities: Community water; Community sewer; Cable available and connected; Electricity available and connected; Natural gas available; Phone available and connected; Water connected; Sewer connected
- Home design: Site-built home; One-and-a-half story
- Construction: Aluminum siding and vinyl siding; Shingle roof; Brick/mortar and other foundation
- Exterior features: Front porch; Fenced yard with full chain link fencing (front and back); Shed(s) on property; Cleared and grassed vegetation
Interior
- Kitchen: Dishwasher; Electric oven; Electric range; Oven; Range; Refrigerator; Stainless steel appliances; Exhaust fan
- Bedrooms: 4 bedrooms total; 2 bedrooms on the main level
- Flooring: Carpet; Plank flooring; Tile flooring
- Bathrooms: 3 full bathrooms
- Heating & cooling: Floor furnace heating; Central air; Ceiling fans for cooling; Wall/window unit(s)
- Interior features: Ceiling fans; Chandelier; Kitchen/dining room combination; Living/dining room combination; Pantry; Tile countertops; Storm door(s)
- Laundry & utility: Washer/Dryer included; Laundry room on main level; Washer hookup; Electric dryer hookup; Laundry sink; Inside laundry
Neighborhood map
What this means for you Summary
Snapshot
- This is a 4-bed/2.0-bath single-family listed at $219k.
Deal economics
- At list price, monthly cash flow is $79 ($944/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 $177k (19.0% below list).
- Recommended offer: $177k (19.0% below list) — sets the bar for 1% rule.
- Cap rate 6.7% vs local median 4.0% in Lillington — 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 71/100 on livability (#101 in NC) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: employment C-, amenities F, commute F.
- Harnett County Schools (rural): math 31% / reading 39% proficiency, ranked #130 of 178 in NC (top 73%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
- Zoned schools: Lillington-Shawtown Elementary (math 23% / reading 30%, grade F, #1,073 of 1,410 statewide, top 77%, 694 students, 100% FRL); Harnett Central Middle (math 25% / reading 38%, grade F, #323 of 475 statewide, top 68%, 1,024 students, 63% FRL); Harnett Central High (math 43% / reading 51%, grade D-, #334 of 535 statewide, top 64%, 1,474 students, 56% FRL) — zoned schools average 73% FRL vs 51% district-wide (22 pts higher); higher-poverty schools than district average — tighter screening recommended.
- Market conditions: 829 active listings in the ZIP; 2,080 units permitted in Harnett County in 2024 (12 in 5+ unit buildings).
- This rent runs 32% of the median local income ($67k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $7k of value loss. Plan a longer hold.
- Harnett County population projected at +42% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
Negotiation context
- It's been on market 161 days — a 12% lower offer ($193k) is reasonable based on typical stale-listing flexibility.
- 9 sale attempts since 27y ago 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 $85k; list at $219k implies a 158% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Watch-outs: built in 1936 — expect roof / HVAC / electrical / plumbing capex.
- Climate carrying-cost: major wind risk, 70% 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.
Questions for the listing agent
- It's been on market 161 days. Have you received any prior offers? Is the seller open to a 19% concession, seller financing, or rate buy-down credit?
- Built in 1936 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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?
- 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.
- 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.
- 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
- 6.72%
- Cash-on-cash
- 1.54%
- DSCR
- 1.07
- GRM
- 10.3
CMA / ARV
- ARV (on-the-fly)
- $354,240
- Comps found
- 11
Show comp detail 11 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 411 W Killiegrey St | 0.22mi | 3/2.0 (-1) | 2,100 (-3%) | 8mo | $265,000 | $126 | 74 |
| 305 W Old Rd | 0.45mi | 3/2.0 (-1) | 2,208 (+2%) | 11mo | $310,000 | $140 | 61 |
| 1310 S 8th St | 0.43mi | 3/2.0 (-1) | 2,088 (-3%) | 13mo | $342,000 | $164 | 59 |
| 11 W Mcneill St | 0.42mi | 4/2.0 | 2,327 (+8%) | 14mo | $300,000 | $129 | 56 |
| 48 Rolling Waters Ct | 0.59mi | 4/2.0 | 2,103 (-3%) | 22mo | $339,000 | $161 | 49 |
| 410 E Mcneill St | 0.74mi | 4/3.0 | 2,088 (-3%) | 13mo | $295,000 | $141 | 45 |
| 49 Parkside Dr | 0.64mi | 4/2.0 | 1,922 (-11%) | 10mo | $335,000 | $174 | 44 |
| 11 Woodwater Cir | 0.68mi | 3/2.0 (-1) | 2,001 (-7%) | 12mo | $355,000 | $177 | 41 |
| 272 Woodwater Cir | 0.60mi | 4/2.0 | 1,927 (-11%) | 16mo | $348,000 | $181 | 40 |
| 78 Falls Of The Cape Dr | 0.68mi | 4/2.0 | 1,902 (-12%) | 10mo | $350,000 | $184 | 40 |
| 1202 S Main St | 0.39mi | 3/2.0 (-1) | 1,897 (-12%) | 23mo | $330,000 | $174 | 37 |
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
- IRR
- -13.9%
- Equity multiple
- 0.50×
- Total profit
- $-30,568
- Equity at exit
- $32,654
- IRR
- -5.1%
- Equity multiple
- 0.67×
- Total profit
- $-20,534
- Equity at exit
- $18,935
Cash invested: $61,320 (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
ZIP-level market 27546
- Home prices YoY
- -14.4%
- Active inventory
- 829
- Price-to-rent
- 10.3×
Monthly cashflow live
- Estimated rent
- $1,774 medium interval (Pro) →
- Mortgage (P&I)
- −$1,148
- Tax from tax record
- −$83 /mo · $1,000/yr
- Insurance
- −$91
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$373
- Net cashflow
- $79
Break-even live
Sensitivity live
| Price | -10% $203 | -5% $141 | +0% $79 | +5% $17 | +10% $-45 |
|---|---|---|---|---|---|
| Rent | -10% $-62 | -5% $9 | +0% $79 | +5% $149 | +10% $219 |
| Rate | -1.0pp $189 | -0.5pp $134 | base $79 | +0.5pp $22 | +1.0pp $-36 |
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
- $54,750
- Closing costs
- $6,570
- 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.
Listing history 40 events
-
2026-06-18days on market $219,000 Active 161 DOM
-
2026-06-17days on market $219,000 Active 160 DOM
-
2026-06-16days on market $219,000 Active 159 DOM
-
2026-06-15days on market $219,000 Active 158 DOM
-
2026-06-14days on market $219,000 Active 156 DOM
-
2026-06-10days on market $219,000 Active 153 DOM
-
2026-06-09days on market $219,000 Active 152 DOM
-
2026-06-08days on market $219,000 Active 151 DOM
-
2026-06-07days on market $219,000 Active 150 DOM
-
2026-06-05days on market $219,000 Active 147 DOM
-
2026-06-03days on market $219,000 Active 146 DOM
-
2026-06-02days on market $219,000 Active 145 DOM
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2026-06-01days on market $219,000 Active 144 DOM
-
2026-05-31days on market $219,000 Active 143 DOM
-
2026-05-30days on market $219,000 Active 142 DOM
-
2026-01-08$219,000 Active
-
2025-12-11historical
-
2025-10-05price $240,000
-
2025-09-12price $245,000
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2025-07-20price $249,000
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2025-05-25price $259,000
-
2025-05-16price $74,900 399-char remark
Show marketing remark (399 chars)
DEAL OF THE CENTURY! GAS PACK HEAT & CENTRAL AIR ON 1ST FLOOR. MODERN KIT. FAMILY ROOM WAS ORIGINALLY A BEDROOM BUT DOESN'T HAVE CLOSET. FREE-STANDING TUB, CRYSTAL & BRASS DOORKNOBS, BIG FRONT PORCH, AND ENCLOSED BACK PORCH! SECOND FLOOR HAS BASEBOARD HEAT & WINDOW UNIT AIR & CAN BE SHUT OFF FROM 1ST FLOOR. REFRIGERATOR, WASHER, DRYER & WIRED STORAGE BUILDING CONVEY.
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2025-03-25price $274,997
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2025-03-06$287,500 Active
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2019-07-18soldstatus $85,000
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2019-07-18soldstatus $85,000
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2019-07-18soldstatus $85,000
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2019-07-18soldstatus $85,000
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2019-03-29$96,500
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2019-03-29$96,500
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2019-03-29$96,500
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2010-05-19historical
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2009-12-01$85,000
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2005-10-15historical
-
2005-05-09$84,900
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2000-04-20price $390,000 399-char remark
Show marketing remark (399 chars)
DEAL OF THE CENTURY! GAS PACK HEAT & CENTRAL AIR ON 1ST FLOOR. MODERN KIT. FAMILY ROOM WAS ORIGINALLY A BEDROOM BUT DOESN'T HAVE CLOSET. FREE-STANDING TUB, CRYSTAL & BRASS DOORKNOBS, BIG FRONT PORCH, AND ENCLOSED BACK PORCH! SECOND FLOOR HAS BASEBOARD HEAT & WINDOW UNIT AIR & CAN BE SHUT OFF FROM 1ST FLOOR. REFRIGERATOR, WASHER, DRYER & WIRED STORAGE BUILDING CONVEY.
-
2000-04-20soldstatus $76,900 399-char remark
Show marketing remark (399 chars)
DEAL OF THE CENTURY! GAS PACK HEAT & CENTRAL AIR ON 1ST FLOOR. MODERN KIT. FAMILY ROOM WAS ORIGINALLY A BEDROOM BUT DOESN'T HAVE CLOSET. FREE-STANDING TUB, CRYSTAL & BRASS DOORKNOBS, BIG FRONT PORCH, AND ENCLOSED BACK PORCH! SECOND FLOOR HAS BASEBOARD HEAT & WINDOW UNIT AIR & CAN BE SHUT OFF FROM 1ST FLOOR. REFRIGERATOR, WASHER, DRYER & WIRED STORAGE BUILDING CONVEY.
-
2000-04-20soldstatus $76,900 399-char remark
Show marketing remark (399 chars)
DEAL OF THE CENTURY! GAS PACK HEAT & CENTRAL AIR ON 1ST FLOOR. MODERN KIT. FAMILY ROOM WAS ORIGINALLY A BEDROOM BUT DOESN'T HAVE CLOSET. FREE-STANDING TUB, CRYSTAL & BRASS DOORKNOBS, BIG FRONT PORCH, AND ENCLOSED BACK PORCH! SECOND FLOOR HAS BASEBOARD HEAT & WINDOW UNIT AIR & CAN BE SHUT OFF FROM 1ST FLOOR. REFRIGERATOR, WASHER, DRYER & WIRED STORAGE BUILDING CONVEY.
-
1999-10-13$74,900 399-char remark
Show marketing remark (399 chars)
DEAL OF THE CENTURY! GAS PACK HEAT & CENTRAL AIR ON 1ST FLOOR. MODERN KIT. FAMILY ROOM WAS ORIGINALLY A BEDROOM BUT DOESN'T HAVE CLOSET. FREE-STANDING TUB, CRYSTAL & BRASS DOORKNOBS, BIG FRONT PORCH, AND ENCLOSED BACK PORCH! SECOND FLOOR HAS BASEBOARD HEAT & WINDOW UNIT AIR & CAN BE SHUT OFF FROM 1ST FLOOR. REFRIGERATOR, WASHER, DRYER & WIRED STORAGE BUILDING CONVEY.
-
1999-10-13$74,900 399-char remark
Show marketing remark (399 chars)
DEAL OF THE CENTURY! GAS PACK HEAT & CENTRAL AIR ON 1ST FLOOR. MODERN KIT. FAMILY ROOM WAS ORIGINALLY A BEDROOM BUT DOESN'T HAVE CLOSET. FREE-STANDING TUB, CRYSTAL & BRASS DOORKNOBS, BIG FRONT PORCH, AND ENCLOSED BACK PORCH! SECOND FLOOR HAS BASEBOARD HEAT & WINDOW UNIT AIR & CAN BE SHUT OFF FROM 1ST FLOOR. REFRIGERATOR, WASHER, DRYER & WIRED STORAGE BUILDING CONVEY.
ⓘ 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
- $1,000 · $83/mo
- Projected year-2 tax
- $1,796 · $150/mo
- Expected delta
- +$796/yr (+$66/mo · 79.6%)
ⓘ 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 4/10 Moderate
- Heat 7/10 Severe 7 d/yr ≥106°F today · 17 d/yr by 30 yrs out
- Wind 6/10 Major 70% chance of damaging wind over 30 yrs
- Air quality 2/10 Low 1 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
- $21,292
- − Mortgage interest
- −$12,267
- − Property taxes
- −$1,000
- − Insurance
- −$1,095
- − Repairs & maintenance
- −$1,703
- − Management
- −$1,703
- − Depreciation
- −$6,371
- Taxable loss
- −$2,848
- Est. tax savings @ 24.0%
- +$684
- After-tax cash flow
- $1,627/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
- Harnett County Schools
- NCES district ID
- 3702010
- Math proficiency
- 31% ▼ -2.00%
- Reading proficiency
- 39% ▼ -1.00%
- Median HH income
- $45,400
- Composite
- 29.88/100
- National rank
- #6397
- State rank
- #130 of 178 in NC
Livability — Lillington
- Score
- 71/100
- State rank
- #101
- US rank
- #6653
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Lillington, NC
- County
- Harnett County · 125,715 people
- City population
- 21,419
- Metro
- Fayetteville, NC
- Population (ZIP)
- 21,419
- Household income
- $66,746
- Rent vs Own
- Severe rent burden
- 642.0
Population outlook (Harnett County) Hauer SSP2
- Today (2025)
- 153,758 people
- By 2030
- 166,581 · +8.3%
- By 2040
- 192,741 · +25.4%
- By 2050
- 218,332 · +42.0%
- By 2075
- 275,422 · +79.1%
- By 2100
- 313,511 · +103.9%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Diverse neighborhood (Simpson 0.55)
- Race & ethnicity
- White 64% Black 16% Hispanic / Latino 14% Two or more races 9% Asian 1%
- Hispanic origin (detail)
- Mexican 8% Puerto Rican 3%
- Common ancestry
- Slovak 3% Serbian 2% Italian 2%
- Foreign-born
- 5% · Canada, Jamaica, China
- Languages at home
- 90% English-only · Spanish 9%
Political lean MEDSL · Harnett
- 2024 margin
- Strong R (+25.1) · D 36.9% · R 62.0% · Other 1.1%
- 2008→2024 swing
- -8.4pp toward R · 2008: -16.7pp · 2024: -25.1pp
- All cycles
- 2024: R+25.1 2020: R+22.4 2016: R+24.1 2012: R+19.4 2008: R+16.7
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -33.35%
- Current HPI
- 198.2885
- Rent YoY
- —
- 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 |
|
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| Retail | 2 | $95B |
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| Industrial Conglomerate | 1 | $38B |
|
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| Metals / Steel | 1 | $35B |
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| Utilities | 1 | $30B |
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| Industrial Machinery | 1 | $19B |
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Price history
+192.4% since first listed25 events — show timeline
- 2026-01-08 Listed $219,000 TMLS
- 2025-12-11 Listing Removed — TMLS
- 2025-10-05 Price Changed $240,000 TMLS
- 2025-09-12 Price Changed $245,000 TMLS
- 2025-07-20 Price Changed $249,000 TMLS
- 2025-05-25 Price Changed $259,000 TMLS
- 2025-05-16 Price Changed $74,900 TMLS
- 2025-03-25 Price Changed $274,997 TMLS
- 2025-03-06 Listed $287,500 TMLS
- 2019-07-18 Sold (Public Records) $85,000 Public Records
- 2019-07-18 Sold (MLS) $85,000 LPRMLS
- 2019-07-18 Sold (MLS) $85,000 AMLSNC
- 2019-07-18 Sold (MLS) $85,000 TMLS
- 2019-03-29 Listed $96,500 LPRMLS
- 2019-03-29 Listed $96,500 AMLSNC
- 2019-03-29 Listed $96,500 TMLS
- 2010-05-19 Listing Removed — TMLS
- 2009-12-01 Listed $85,000 TMLS
- 2005-10-15 Listing Removed — TMLS
- 2005-05-09 Listed $84,900 TMLS
- 2000-04-20 Sold (MLS) $76,900 AMLSNC
- 2000-04-20 Sold (MLS) $76,900 TMLS
- 2000-04-20 Price Changed $390,000 TMLS
- 1999-10-13 Listed $74,900 AMLSNC
- 1999-10-13 Listed $74,900 TMLS
Property tax history
-3.1%/yrLatest (2025): $1,000 · +0.0% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…