OVERVIEW

Goldsboro, NC — 2 bed / 1 bath, 896 sq ft single family in Wayne County.

At $60K, you’re buying in $39K below where comparable as-is properties have actually sold — and $120K below the renovated ceiling this market supports. Seymour Johnson AFB sits roughly 4 miles away, creating a steady base of military tenant demand that keeps vacancy low in this corridor. Roof replaced 2017-2018 and HVAC updated in 2020 — the two biggest ticket items are already done. This is a true plug-in rental with no work needed before placing a tenant.

Comp Avg (Sold): ~$99,000 | For Sale Avg: ~$145,000

Rent Avg: ~$950/mo | Gross Yield at Asking: ~19.0%

DETAILS

Type: Single Family Residence

Bedrooms / Baths: 2 bed / 1 bath

Living Area: 896 sq ft

Year Built: 1958

Lot Size: 0.20 acres

Utilities: City Water & City Sewer + Duke Energy

Occupancy at Closing: Vacant Now

Closing Date: June 12, 2026

Closing Attorney: Atlas Orange

⚠️ FLOOD ZONE — Property is located in a designated flood zone. Buyers should factor required flood insurance costs into their numbers prior to submitting an offer. Confirm flood zone designation and current FEMA maps through your own due diligence.

CONDITION

• Roof replaced 2017-2018
• HVAC updated in 2020 — both cooling and heating
• City water, city sewer, and Duke Energy all in place
• No deferred maintenance disclosed
• Move-in / rent-ready as-is
• Property sold as-is

COMPARABLE SALES

505 Stadium Dr — 1,091 sq ft — $180,000 ($165/sq ft) — Sold Dec 2025 (renovated)

901 S Andrews Ave — 821 sq ft — $115,000 ($140/sq ft) — Sold Jan 2026 (as-is)

206 Herbert St — 1,040 sq ft — $96,000 ($92/sq ft) — Sold Mar 2026 (as-is)

212 Bunche Dr — 1,047 sq ft — $85,000 ($81/sq ft) — Prior as-is sale — now relisted at $199K (excluded from avg)

Excluded reference: 505 Stadium Dr is the renovated upside benchmark — excluded from the as-is average. 212 Bunche current list price is active and excluded from averages.

As-Is Comp Avg: ~$99,000 (~$102/sq ft)

Our Price: $60,000 ($67/sq ft)

Your Spread vs As-Is Avg: ~$39,000

Your Spread vs Renovated: ~$120,000

At $60K you’re entering $39K below where comparable as-is properties have actually sold. The renovated ceiling at $180K gives a fix-and-flip buyer $120K of spread to work with — and the roof and HVAC are already done. 212 Bunche sold as-is for $85K and is now listed at $199K. This market rewards buyers who move fast on clean inventory.

⚠️ DISCLAIMER — Please Read Before Submitting an Offer

📋 Assignment of Contract

This is an assignment of contract. A legally binding purchase agreement with a memorandum has been executed with the Seller, granting this company exclusive rights to purchase the property. We are not brokers or realtors and do not represent the owner.

🚫 Do not contact the Seller directly. Any attempt to contact, interfere with, or circumvent our active contract will result in legal action. This property is not to be re-marketed without our explicit written consent and execution of a joint venture agreement.

🔍 Due Diligence

Buyers are responsible for their own due diligence. We are not licensed agents. Please consult appropriate legal or professional counsel before submitting an offer.

💰 Offer & Deposit Terms

• $5,000 non-refundable deposit due within 24 hours of signing
• Closing no longer than 30 calendar days
• Buyer pays all closing costs — not included in asking price
• Taxes prorated and split between parties
• Closing through our closing attorney

🏚️ As-Is Terms

Property is offered as-is, where-is, no warranties. By submitting an offer you accept these terms.

• ❌ No repairs or improvements prior to closing
• ❌ No clean-out or clean-up of any kind
• ❌ Property will not be broom clean at closing

🤝 Realtors & Wholesalers

The wholesale price does not include your commission or fee. You may either negotiate your fee directly with your client or adjust the wholesale price upward to account for it. If you’d like to be compensated by us, include those terms in your offer or reach out before submitting.