Real Estate Investing in Star, North Carolina (27356)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 27356 (Star, NC)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 27.1% of homes vacant — above national norms.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Star, NC (27356)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 27356 Star
Not every below-median market is a bargain. Star's 27356 ZIP sits at signals that favor experienced operators who can absorb the risk $149K pricing implies.
The investment case in 27356 is resilient only for operators who understand what they are buying. A $149K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
ZIP 27356's metrics run below Montgomery County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
Resident income in 27356 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
Experienced landlords with local relationships tend to find 27356 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Star:
Property Strategy for 27356
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $123,893 | $1,030 | 6.0% | +9.9% | $61,946 |
| 3BR | $183,223 | $1,440 | 5.7% | +8.8% | $61,074 |
| 4BR | $198,405 | $1,720 | 6.2% | +6.0% | $49,601 |
Market Trends
Home Value History (with trend line)
📊 How Does 27356 Compare?
| Metric | 27356 | Star | Pinehurst-Southern Pines, NC | North Carolina |
|---|---|---|---|---|
| Home Value | $149,193 | $149,193 | N/A | $330,565 |
| 5-Year CAGR | 5.7% | 5.7% | N/A | 7.8% |
| Avg Rent | $927 | $927 | N/A | - |
| Cap Rate | 4.9% | 4.9% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 27356 (Star, NC). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $149,193 |
| Monthly Rent | $927 |
| Price-to-Rent | 13.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.5% |
| Cap Rate | 4.9% |
| 5-Year IRR | 10.6% |
📈 Home Appreciation
| 1-Year | +9.9% ▲ |
| 3-Year CAGR | +4.8% ▲ |
| 5-Year CAGR | +5.7% ▲ |
| 10-Year CAGR | +8.4% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.9%). 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 27356
Population: 3,112
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 27356
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
Frequently Asked Questions
Is NC a landlord-friendly state?
NC ranks as a landlord-friendly state for landlord-tenant law. Star generally follows the statewide framework, so landlords face reasonable operating rules.
Are tenants stable in Star, NC?
Expect a solid tenant pool in Star, NC. The rental market absorbs $927/mo rents without meaningful friction.
What is the median home value in Star, NC?
Star, NC median home values land near $149K. That is reasonable territory for investors looking at $927/mo-per-month rentals.
Does a duplex house hack pencil in Star, NC?
House hacking works a challenging in Star, NC. Rents of $927/mo against $149K acquisition make the strategy solid for owner-occupants.
How strong is Star, NC for real estate investors?
Our data puts Star, NC at 3.0/5 for investability. Home prices of $149K and rents around $927/mo create a solid backdrop for investor activity.
You know 27356 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 27356 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 27356 ranks in Pinehurst-Southern Pines, NC
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