Real Estate Investing in Benson, North Carolina (27504)

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

Johnston County • Population: 15,999 • Data updated: September 2026

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Should you buy in 27504 (Benson, NC)? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (58/100)

Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.

📈 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: 10.9% vacancy may signal weakening demand.

What’s happening in Benson, NC (27504)?

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3.0/ 5

Investability

Overall investment appeal

3.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $322,833
Avg Monthly Rent $1,608
1% Rule ✗ Does Not Meet
Median Income $63,430
% Renters 25.9%

Market Analysis: 27504 Benson

Investors eyeing 27504 need to respect the fundamentals at play. Home values of $323K come alongside slower price movement and elevated management overhead.

The 27504 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.

The gap between 27504 and stronger Benson ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.

Employment concentration in 27504 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.

The right play in 27504 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Benson:

C+ Average
Buy Confidence Score: 68/100
Affordability
10/25
Appreciation
22/25
Stability
11/20
Timing
10/15
Rental backup
15/15
Affordability
Expensive
Homes cost 5.1× the median income
Value Trend
Rising (+3.6%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,608/mo if you need to move
Market Conditions
COOL
More inventory, negotiating room for buyers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
❄️
COOL MARKET
Raleigh-Cary, NC Metro Area
More inventory, negotiating room for buyers
59 days
Average time to sell
Average
12.7%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from Raleigh-Cary, NC metro data
🏠

Property Strategy for 27504

Which property type performs best in this market?

Best for Cash Flow
2BR
5.1% cap rate
Best for Appreciation
2BR
+8.4% 5yr CAGR
Best Overall Value
2BR
$94,947/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $189,895 $1,350 5.1% +8.4% $94,947
3BR $306,010 $1,660 3.9% +8.1% $102,003
4BR $408,092 $2,200 3.9% +7.3% $102,023

Market Trends

Home Value History (with trend line)

$339K$294K$248K$203K$157K$112KJul 2006Jul 2016Jul 2026

Rent History (with trend line)

$1,834$1,773$1,712$1,651$1,589$1,528Jul 2025Jan 2026Jul 2026

📊 How Does 27504 Compare?

Metric 27504 Benson Raleigh-Cary, NC North Carolina
Home Value $322,833 $322,833 N/A $330,565
5-Year CAGR 5.5% 5.5% N/A 7.8%
Avg Rent $1,608 $1,608 N/A -
Cap Rate 3.9% 3.9% - -
💡 Why Invest in 27504? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

📊 See where this ZIP ranks in our Best-of lists →
A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 27504 (Benson, NC). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
3.9%
Low
5yr Growth
+5.5%
Moderate

📊 Market Snapshot

Home Value $322,833
Monthly Rent $1,608
Price-to-Rent 16.7:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 6.0%
Cap Rate 3.9%
5-Year IRR 9.4%

📈 Home Appreciation

1-Year +3.6% ▲
3-Year CAGR +1.4% ▲
5-Year CAGR +5.5% ▲
10-Year CAGR +7.8% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 3.9%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.9%). 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.

Vacancy
10.9%
Moderate risk
Landlord Climate
4.0/5
Friendly
Value Trend (5yr)
+5.5%
Stable
Eviction process: Moderate Rent control: Favorable

Demographics in 27504

Population: 15,999

💰 Median Household Income
$63,430
This area
$63,430
State
$63,256
USA
$74,580
🏠 Renter Occupied
25.9%
This area
25.9%
State
27.8%
USA
34.0%
💼 Unemployment Rate
0.9%
This area
0.9%
State
-19.3%
USA
3.7%
🎓 College Educated
19.5%
This area
19.5%
State
0.5%
USA
33.7%
👤 Median Age
39.2 years
This area
39.2 years
State
6.5 years
USA
38.9 years
🏚️ Vacancy Rate
10.9%
This area
10.9%
State
19.4%
USA
10.5%
👥 Population by Ethnicity
White 70.0%
Black/African American 15.5%
Other/Mixed 14.3%
Hispanic/Latino 12.4%
Asian 0.2%
👶 Under 18
19.6%
This area
19.6%
USA
22.0%
👴 65 and Over
20.0%
This area
20.0%
USA
17.3%
📊 Poverty Rate
11.3%
This area
11.3%
USA
11.5%

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 27504

B Avg School Grade
5 Schools
15.8:1 Avg Class Size
$11,360 Avg Per Pupil

Schools in This ZIP Code

B+ Above Average

Benson Elementary

📚 Pre-K – 04 Elementary
👥
603 Students
👨‍🏫
12.4:1 Class Size
💰
$11,360 Per Student
B+ Above Average

Meadow School

📚 Pre-K – 08 School
👥
661 Students
👨‍🏫
13.8:1 Class Size
💰
$11,360 Per Student
B Good

Benson Middle

📚 05 – 08 School
👥
493 Students
👨‍🏫
15.0:1 Class Size
💰
$11,360 Per Student
B Good

McGee's Crossroads Middle

📚 06 – 08 Middle
👥
736 Students
👨‍🏫
17.6:1 Class Size
💰
$11,360 Per Student
C+ Average

West Johnston High

📚 09 – 12 High School
👥
1,593 Students
👨‍🏫
19.9:1 Class Size
💰
$11,360 Per Student
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

3 Nearby 842 Off-Campus Students
C
Heritage Bible College
33 students · 10.4 mi
C
Campbell University
5,115 students · 12.4 mi
C
Johnston Community College
4,680 students · 12.6 mi

Investor Insight: With 842 students living off-campus nearby, this area has strong rental demand from the college population.

Frequently Asked Questions

What is the best play in Benson, NC?

For Benson, NC, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.

What are vacancy rates like in Benson, NC?

Benson, NC sees elevated vacancy, which is reasonable relative to the broader NC rental market.

How do landlord-tenant laws work in Benson, NC?

NC law landlord-friendly for landlords, and Benson inherits those rules. Investors should still review local ordinances for rental licensing.

Does house hacking make sense in Benson, NC?

House hacking in Benson, NC is reasonable to execute. Prices around $323K and rents of $1,608/mo solid owner-occupant economics.

Is the tenant base reliable in Benson, NC?

Tenant demand in Benson, NC is solid. The local workforce $1,608/mo rents across most rental classes.

You know 27504 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 27504 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.

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How 27504 ranks in Raleigh-Cary, NC

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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