For SaleExcellent Deal53 days on market
2870 Rutherford College Rd
2870 Rutherford College Rd, Connelly Springs, NC 28612, Connelly Springs, NC 28612
$155,000
Listing Price
2870 Rutherford College Rd, Connelly Springs, NC 28612
Loc: Connelly Springs, NC
Days Listed
53
Tax Assessed
$178k
Lot Size
1.83 acres
Rent Estimate
$1,671/mo
Est. Cash Flow base
Type
single family
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
5
Valdese Elementary
PK-5
2.1 mi away
5
Heritage Middle
6-8
3.2 mi away
8
Jimmy C. Draughn High School
9-12
2.6 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
stone exteriorbrick archwaycovered porchwrought iron railingvintage architecturerustic aestheticovergrown landscapingelevated porchfixer-uppertransitional stylecasement windowsmasonry constructioncozy atmosphere
Haven AI Verdict
Recommendation
Excellent
Confidence Score: 9/10
Strong rental demand expected in this area (98% occupancy rate).
Turnkey property requiring minimal initial CapEx.
Cap Rate
8.27%
Total ROI
138.6%
Cash Flow
$264/mo
DSCR
1.33
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $264/mo net cash flow with a 8.3% cap rate. Underwriting indicates excellent fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (8.3%)
- • Strong rental demand in Connelly Springs
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-08-03 | Listed for sale | $155,000 | $68 |
| 2026-02-03 | Listing removed | $147,500 | $64 |
| 2025-10-12 | Pending sale | $147,500 | $64 |
| 2025-09-08 | Price change | $147,500 | $64 |
| 2025-07-07 | Listed for sale | $155,000 | $68 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $1,264.45 | $177,643 |
| 2024 | $1,269.33 | $177,643 |
| 2023 | $1,269.33 | $177,643 |
| 2022 | $1,112.07 | $128,758 |
| 2021 | $1,106.07 | $128,758 |
| 2020 | $1,102.07 | $128,758 |
| 2019 | $782.02 | $128,758 |
| 2018 | $944.02 | $109,003 |
| 2017 | $945.58 | $109,003 |
| 2016 | $945.58 | $113,623 |
| 2015 | $942.58 | $113,623 |
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