Real Estate Investing in Cooleemee, North Carolina (27014)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 27014 (Cooleemee, NC)? Our answer, based on the numbers below.
Solid choice — stable market with a reasonable entry point and good rental backup if you ever need to move.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 19.6% of homes vacant — above national norms.
• Limited market data — this is a very small market; averages are built from few observations and can swing widely. • Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Cooleemee, NC (27014)?
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Market Analysis: 27014 Cooleemee
Investors eyeing 27014 need to respect the fundamentals at play. Home values of $129K come alongside slower price movement and elevated management overhead.
In practical terms, the numbers look inviting — $129K purchase price, 0.0% nominal cap — the work to hit that pro forma in 27014 is substantial and deserves full respect.
In the broader NC picture, 27014 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
The demographic picture in 27014 includes headwinds that any investor should price in. Income distribution skews lower than Cooleemee averages, and tenant stability requires active management.
New investors are better served looking at Cooleemee's stable or hybrid ZIPs before stepping into 27014. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Cooleemee:
Market Trends
Home Value History (with trend line)
📊 How Does 27014 Compare?
| Metric | 27014 | Cooleemee | Winston-Salem, NC | North Carolina |
|---|---|---|---|---|
| Home Value | $129,182 | $129,182 | N/A | $330,565 |
| 5-Year CAGR | 4.1% | 4.1% | N/A | 7.8% |
| Avg Rent | $1,080 | $1,080 | N/A | - |
| Cap Rate | 6.5% | 6.5% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 27014 (Cooleemee, NC). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $129,182 |
| Monthly Rent | $1,080 |
| Price-to-Rent | 10.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 10.0% |
| Cap Rate | 6.5% |
| 5-Year IRR | 10.6% |
📈 Home Appreciation
| 1-Year | +0.8% ▲ |
| 3-Year CAGR | +0.4% ▲ |
| 5-Year CAGR | +4.1% ▲ |
| 10-Year CAGR | +7.3% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) is close to the estimated cap rate (6.5%). Financing this market at current rates produces a cash-on-cash return near the cap rate. Appreciation and tax benefits may still support the investment.
⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 27014
Population: 921
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 27014
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 1,763 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How does Cooleemee, NC stack up for property investment?
Cooleemee, NC rates 3.0/5 for investability. With median values at $129K and rents near $1,080/mo, the market offers reasonable fundamentals for rental investors.
Are renters plentiful in Cooleemee, NC?
Tenant demand in Cooleemee, NC is solid. The local workforce $1,080/mo rents across most rental classes.
How quickly do rentals get leased in Cooleemee, NC?
Occupancy in Cooleemee, NC runs even-keeled with elevated vacancy. Well-priced units at $1,080/mo lease on reasonable timelines.
What is the smart move for investors in Cooleemee, NC?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Cooleemee, NC. The numbers - $129K homes against $1,080/mo rents - support that play.
What monthly rent should investors expect in Cooleemee, NC?
Rent in Cooleemee, NC is around $1,080/mo. The resulting rent-to-value relationship with $129K pricing is reasonable for most investor models.
You know 27014 now. You don’t know where it ranks.
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How 27014 ranks in Winston-Salem, NC
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