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103 Locust St, Connelly Springs, NC 28612 — $174,900 · 3bd · ~1.1% rule | OnePercent

103 Locust St, Connelly Springs, NC 28612

$174,900

Home·Connelly Springs 28612·103 Locust St, Connelly Springs, NC 28612

Confirmed 1 day ago

103 Locust St, Connelly Springs, NC 28612

3 bd · 1 ba · 1,296 sqft · built 1967 · Connelly Springs · SINGLE_FAMILY·source listing ↗

$174,900

rent, three ways

OnePercent model (vv1)$1,931/mo

p10–p90 confidence band

HUD Fair Market Rent · 28612 · 3BR$1,350/mo

Area comps median (last 90d)—

FMR from HUD SAFMR FY2026. Never a naked estimate.

County

Burke

Flood risk indexRelatively Moderate FEMA NRI

Median household income$54,934

Median area rent$872/mo

Median home value$162,400

the verdict

1.10%vs 1.0% target

wide confidence band

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

$174,900

1.10% · rent $1,931

Intrinsic value · income approach

$250,977

30% 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.