Real Estate Investing in Grimesland, North Carolina

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

1 ZIP codes • Population: 6,537 • Pitt County

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Should you buy in Grimesland, NC? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (59/100)

Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
1 flag
  • Elevated vacancy: 8.8% vacancy may signal weakening demand.

What’s happening in Grimesland, NC?

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3.0/ 5

Investability

Citywide average

4.0/ 5

Appreciation

7.1% 5yr CAGR

4.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS
Avg Investability
Avg Home Value $325,899
Avg Monthly Rent $891
ZIP Codes 1

Investing in Grimesland Real Estate

Across Grimesland's 1 ZIPs, the picture is modest: $326K median values, $891/mo rents, and a population that has faced real economic pressure.

decisively Grimesland's aggregate rating of ★★★☆☆ reflects thin investor metrics across the board — weak rent growth, weak appreciation, and rising-vacancy pressure in multiple ZIPs.

The $891/mo / $326K relationship in Grimesland looks muted once vacancy and capex are incorporated into underwriting. tilts toward the realized yield tends to disappoint.

Demographics in Grimesland show real pressure — median income of $N/AK is tepid relative to rents, and the 0% renter share includes significant cost-burdened households.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Best ZIP codes in Greenville, NC

Grimesland is part of this metro. Every ZIP in it, ranked. Free.

Cash Flow → Appreciation → Affordable →

Landlord Ground Truth

Real numbers from people who own or manage rentals in Grimesland, NC. Anonymous, moderated, never written by AI.

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Property managers serving Pitt County

Manage rentals here? List your business →

Flagship Realty Group offers residential and multi-family property management services in Greenville, NC, including marketing, screening, and rent collection. summary from their website

Single-familySmall multifamily
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Russell Property Management helps homeowners associations, investment property owners, and residents find homes in Greenville, NC, including near ECU campus. summary from their website

HOA
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East Carolina Property Management provides property management with a personal touch. summary from their website

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Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.

Avg Home Value
$325,899
Avg Monthly Rent
$891
1% Rule
✗ Below
Landlord Friendly (NC)

📉 Market Crash Risk Index

Based on Greenville, NC metro

2/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
1/3
59%
Days Pending
1/2
43 days

View all metro crash risk rankings →

⚖️ Balanced Market — Greenville, NC metro
43
Days to pending
10.0%
Listings with price cuts
0.0%
Sale-to-list ratio
📅 Data as of August 29, 2026 — updated weekly

ZIP Codes in Grimesland, NC

Screen every ZIP in Grimesland

Filter Grimesland’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo).

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Frequently Asked Questions About Grimesland, NC

Does house hacking make sense in Grimesland, NC?

The a challenging house-hack environment in Grimesland, NC reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.

What is the typical renter like in Grimesland, NC?

The renter base in Grimesland, NC is reasonable for the $891/mo price point. Screening well and pricing to market typically yields steady tenants.

What is it like being a landlord in Grimesland, NC?

The landlord environment in Grimesland, NC is landlord-friendly. Statewide rules shape most day-to-day operations for rental owners.

What monthly rent should investors expect in Grimesland, NC?

Grimesland, NC rentals go for roughly $891/mo a month. That puts gross yield in solid territory relative to $326K acquisition costs.

Is real estate in Grimesland, NC a good investment right now?

Investors tracking Grimesland, NC will find a 3.0/5 rating supported by $326K median home values and $891/mo rents. That profile suits long-term holders targeting steady returns.

Community Ratings

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