Real Estate Investing in Burlington, North Carolina (27217)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 27217 (Burlington, NC)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 12.2% of homes vacant — above national norms.
What’s happening in Burlington, NC (27217)?
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Market Analysis: 27217 Burlington
Investors eyeing 27217 need to respect the fundamentals at play. Home values of $226K come alongside slower price movement and elevated management overhead.
The investment case in 27217 is substantial only for operators who understand what they are buying. A $226K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Meanwhile, 27217 offers a low basis, the region around Burlington has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
A notable renter share of 36% in 27217 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
The 27217 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Burlington:
Property Strategy for 27217
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $153,813 | $1,180 | 5.5% | +11.7% | $76,907 |
| 3BR | $234,816 | $1,460 | 4.5% | +10.7% | $78,272 |
| 4BR | $306,494 | $1,730 | 4.1% | +9.8% | $76,624 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 27217 Compare?
| Metric | 27217 | Burlington | Burlington, NC | North Carolina |
|---|---|---|---|---|
| Home Value | $226,388 | $131,635 | N/A | $330,565 |
| 5-Year CAGR | 7.2% | 6.7% | N/A | 7.8% |
| Avg Rent | $1,446 | $1,371 | N/A | - |
| Cap Rate | 5.0% | 4.2% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 27217 (Burlington, NC). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $226,388 |
| Monthly Rent | $1,446 |
| Price-to-Rent | 13.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.7% |
| Cap Rate | 5.0% |
| 5-Year IRR | 12.2% |
📈 Home Appreciation
| 1-Year | +4.1% ▲ |
| 3-Year CAGR | +2.9% ▲ |
| 5-Year CAGR | +7.2% ▲ |
| 10-Year CAGR | +8.8% ▲ |
🏠 Rent Trends
| 1-Year | -3.2% ▼ |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (5.0%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 27217
Population: 40,561
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 27217
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 1,360 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Do rentals sit vacant long in Burlington, NC?
Expect elevated vacancy in Burlington, NC. Rents at $1,446/mo are absorbed by the tenant base without meaningful lag.
Should investors consider Burlington, NC?
With a 3.0/5 investability score, Burlington, NC ranks as a solid market for rental property investors. Median prices of $226K and rents of $1,446/mo drive the underlying numbers.
What price range are homes in Burlington, NC?
The median home value in Burlington, NC is roughly $226K. That puts it reasonable relative to the NC statewide average.
How landlord-friendly is Burlington, NC?
Landlord-friendliness in Burlington, NC is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.
What type of investing works in Burlington, NC?
A careful cash-flow rentals with hands-on management strategy Burlington, NC best. The market produces reliable results for that approach at the $226K price point.
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How 27217 ranks in Burlington, NC
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