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805 S 11th St
D+ Composite 49.59
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

805 S 11th St · Lillington, NC 27546
4 bd · 2.0 ba · 2,160 sqft · SingleFamily public records · 161 Days on market
Built 1936 5,663 sqft lot Est $354k · 38% under

🖨 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

FLEXIBLE LAYOUTMULTI-GENERATIONAL LIVINGRENTAL POTENTIALCONVENIENTLY LOCATED

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

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 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.
Recommended offer $177,430 (19.0% below list)

Questions for the listing agent

  1. 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?
  2. Built in 1936 — 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 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?
  6. 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?
  7. 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.
  8. 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.
  9. 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

5-year hold
IRR
-13.9%
Equity multiple
0.50×
Total profit
$-30,568
Equity at exit
$32,654
10-year hold
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
10-day notice; preempted; landlord-favorable but court speed varies.

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

Break-even rent $1,675
Max offer price $219,000
Occupancy floor 91%

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

  1. 2026-06-18
    days on market $219,000 Active 161 DOM
  2. 2026-06-17
    days on market $219,000 Active 160 DOM
  3. 2026-06-16
    days on market $219,000 Active 159 DOM
  4. 2026-06-15
    days on market $219,000 Active 158 DOM
  5. 2026-06-14
    days on market $219,000 Active 156 DOM
  6. 2026-06-10
    days on market $219,000 Active 153 DOM
  7. 2026-06-09
    days on market $219,000 Active 152 DOM
  8. 2026-06-08
    days on market $219,000 Active 151 DOM
  9. 2026-06-07
    days on market $219,000 Active 150 DOM
  10. 2026-06-05
    days on market $219,000 Active 147 DOM
  11. 2026-06-03
    days on market $219,000 Active 146 DOM
  12. 2026-06-02
    days on market $219,000 Active 145 DOM
  13. 2026-06-01
    days on market $219,000 Active 144 DOM
  14. 2026-05-31
    days on market $219,000 Active 143 DOM
  15. 2026-05-30
    days on market $219,000 Active 142 DOM
  16. 2026-01-08
    listed $219,000 Active
  17. 2025-12-11
    historical
  18. 2025-10-05
    price $240,000
  19. 2025-09-12
    price $245,000
  20. 2025-07-20
    price $249,000
  21. 2025-05-25
    price $259,000
  22. 2025-05-16
    price $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.

  23. 2025-03-25
    price $274,997
  24. 2025-03-06
    listed $287,500 Active
  25. 2019-07-18
    soldstatus $85,000
  26. 2019-07-18
    soldstatus $85,000
  27. 2019-07-18
    soldstatus $85,000
  28. 2019-07-18
    soldstatus $85,000
  29. 2019-03-29
    listed $96,500
  30. 2019-03-29
    listed $96,500
  31. 2019-03-29
    listed $96,500
  32. 2010-05-19
    historical
  33. 2009-12-01
    listed $85,000
  34. 2005-10-15
    historical
  35. 2005-05-09
    listed $84,900
  36. 2000-04-20
    price $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.

  37. 2000-04-20
    soldstatus $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.

  38. 2000-04-20
    soldstatus $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.

  39. 1999-10-13
    listed $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.

  40. 1999-10-13
    listed $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
combined federal + state — saved on this device
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

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

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
32.9% rent · 67.1% 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

Price history

+192.4% since first listed
25 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%/yr

Latest (2025): $1,000 · +0.0% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…