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33 Central Heights Dr, Concord, NC, 28025

2beds
1baths
884sqft
$214,990
$243price/sqft
$1,496/moest. monthly cost
$59,840/yrincome needed

About This Home

Investor opportunity – turnkey rental with tenant in place! This property offers immediate cash flow, currently generating $1500/month with a long-term tenant of 5+ years. Situated on a spacious 0.59-acre lot, the property provides a large yard and a quiet setting while still being convenient to Concord and Harrisburg. Do not disturb tenant. Showings available on Mondays, with additional evening access by appointment if needed. Buyer will have full access to the property during scheduled showings. Great opportunity for investors seeking a stable, income-producing asset.

Getting Around

10
WalkingCar-Dependent
0
TransitNo Nearby Transit
14
BikeSomewhat Bikeable

Schools

5/10
Rocky River ElementaryGrades PK-51.3 mi
5/10
J N Fries Middle SchoolGrades 6-80.4 mi
4/10
Central Cabarrus HighGrades 9-120.4 mi

Construction

Condition

  • Year built: 1940

Materials

  • Foundation: Crawl Space
  • Construction materials: Vinyl

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Oven,Refrigerator
  • Laundry features: Electric Dryer Hookup,Washer Hookup

Bathroom Full

  • Level: Main

Bedroom S

  • Level: Main

Bedroom S

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bedrooms: 2

Features

  • Finished area below ground: 0
  • Finished area above ground: 884

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Central Air

Interior Area

  • Total structure area: 884
  • Total interior livable area: 884 sqft

Living Room

  • Level: Main

Property

Details

  • Parcel number: 55285997280000
  • Zoning: LDR
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1

Lot

  • Lot size: 0.59 Acres

Parking

  • Parking features: Other - See Remarks

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingRelatively High
  • Ice Storm
    Ice StormRelatively High
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Inland Flooding
Ice Storm
Lightning
Strong Wind
Tornado
Winter Weather

FEMA Declared Disasters in Cabarrus County and North Carolina

Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Depression
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,087$13,044
Home Insurance *$85$1,020
Property Taxes $124$1,488
Electricity $200$2,405
Total$1,496$17,952
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$51,291/yr
40% on housing$44,880/yr
45% on housing$39,893/yr

North Carolina FAIR Plan Programs

North Carolina Joint Underwriting Association - FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

NCIUA - Coastal Property Insurance Pool (CPIP)

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 235,990Commercial: 10,165
Total Premiums$278.20M
Total Exposure$57.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.6%
8.6%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: 3.3%
3.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$243This listing

vs Other Active Listings

Avg $/sqft

ZIP 28025$158
Cabarrus County$177

vs Homes Sold Last Month

Median $/sqft

ZIP 28025$192
Cabarrus County$199

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-15Listed for sale$214,990
2023-08-31Listing removed--
2023-08-17Price change$1,450
2023-08-04Price change$1,550
2023-07-18Listed for rent$1,595
2021-06-15Sold$115,000

For Sale by Agent

AgentMichelle Merold
BrokerageTurnkey Property Solutions LLC

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