For SaleExcellent Deal207 days on market
5495 Pine Ridge Dr
5495 Pine Ridge Dr, Connelly Springs, NC 28612, Connelly Springs, NC 28612
$135,000
Listing Price
5495 Pine Ridge Dr, Connelly Springs, NC 28612
Loc: Connelly Springs, NC
Days Listed
207
Tax Assessed
$98k
Lot Size
0.51 acres
Rent Estimate
$1,383/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.
8
George Hildebrand Elementary
PK-5
7.8 mi away
4
East Burke Middle
6-8
13.4 mi away
4
East Burke High
9-12
13.3 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
Single Family Residence1974Heat Pump, Wood StoveCentral Air, Heat PumpOpen Parking$160 monthly0.51 Acres207 Days$153
Haven AI Verdict
Recommendation
Excellent
Confidence Score: 8/10
Strong rental demand expected in this area (98% occupancy rate).
Turnkey property requiring minimal initial CapEx.
Cap Rate
8.00%
Total ROI
132.7%
Cash Flow
$199/mo
DSCR
1.28
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $199/mo net cash flow with a 8.0% cap rate. Underwriting indicates excellent fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (8.0%)
- • 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 |
|---|---|---|---|
| 2026-08-14 | Price change | $135,000 | $153 |
| 2026-03-01 | Listed for sale | $145,000 | $164 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $769.47 | $98,041 |
| 2024 | $770.37 | $98,041 |
| 2023 | $770.37 | $98,041 |
| 2022 | $623.19 | $65,125 |
| 2021 | $617.19 | $65,125 |
| 2020 | $626.28 | $66,701 |
| 2019 | $3,018.5 | $66,701 |
| 2018 | $537.34 | $55,997 |
| 2017 | $521.94 | $55,997 |
| 2016 | $521.94 | $55,997 |
| 2015 | $518.94 | $55,997 |
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