631 Elm St, Salisbury, NC 28144

2 bd · 1 ba · built 1935 · Salisbury · SINGLE_FAMILY·source listing ↗

$70,000

$80,000 first listed

seller intel

Price cut

−12.5%

from $80,000

Motivation score

50/100

OnePercent model (vv1)$1,306/mo

p10–p90 confidence band

HUD Fair Market Rent · 28144 · 2BR$1,250/mo

Area comps median (last 90d)—

FMR from HUD SAFMR FY2026. Never a naked estimate.

County

Rowan

Flood risk indexRelatively High FEMA NRI

Median household income$52,568

Median area rent$972/mo

Median home value$226,700

the verdict

1.87%vs 1.0% target

financing: 20% down · — (FRED, live) · 30yr

$70,000

1.87% · rent $1,306

Intrinsic value · income approach

$193,377

64% below intrinsic value

Value = net operating income ÷ market cap rate. Not investment advice.

Ten-year owner return

Equity multiple, per-year cash flow, and appreciation modeling are a Pro feature.