Real Estate Investing in Raleigh, North Carolina (27607)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 27607 (Raleigh, NC)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 12.5% of homes vacant — above national norms.
- High price-to-rent: Price-to-rent ratio 37.8 — hard to cash-flow at these prices.
What’s happening in Raleigh, NC (27607)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 27607 Raleigh
The 27607 ZIP covers a section of Raleigh that demands careful diligence. Prices near $722K look accessible, but the work to make a deal cash flow is real.
Distressed markets are won on execution, not on spreadsheets. ZIP 27607 posts the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
Statewide comparisons place 27607 among NC's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
Resident income in 27607 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
The 27607 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 Raleigh:
Property Strategy for 27607
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $469,032 | $1,780 | 2.7% | +6.1% | $234,516 |
| 3BR | $601,348 | $2,230 | 2.7% | +7.9% | $200,449 |
| 4BR | $877,967 | $2,990 | 2.5% | +8.6% | $219,492 |
| 5BR | $1,410,019 | — | — | +9.0% | $282,004 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 27607 Compare?
| Metric | 27607 | Raleigh | Raleigh-Cary, NC | North Carolina |
|---|---|---|---|---|
| Home Value | $721,885 | $469,319 | N/A | $330,565 |
| 5-Year CAGR | 5.9% | 4.5% | N/A | 7.8% |
| Avg Rent | $1,592 | $1,618 | N/A | - |
| Cap Rate | 1.7% | 2.6% | - | - |
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 27607 (Raleigh, NC). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 27607 (Raleigh, NC)?
~25 seconds · no account needed · your report is anonymous
Property managers serving Wake County
Manage rentals here? List your business →Fox Rental Management is a licensed Real Estate Broker and Property Management Company serving Clayton & Raleigh, NC, specializing in residential management. summary from their website
RPM Property Pros is a full-service property management company in North Carolina specializing in commercial property and association management. summary from their website
Bottom Line Property Management offers property management services in Charlotte and Raleigh, focusing on maximizing owner investments. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $721,885 |
| Monthly Rent | $1,592 |
| Price-to-Rent | 37.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 2.7% |
| Cap Rate | 1.7% |
| 5-Year IRR | 7.6% |
📈 Home Appreciation
| 1-Year | +3.3% ▲ |
| 3-Year CAGR | +2.5% ▲ |
| 5-Year CAGR | +5.9% ▲ |
| 10-Year CAGR | +6.3% ▲ |
🏠 Rent Trends
| 1-Year | +4.1% ▲ |
| 3-Year CAGR | +2.3% ▲ |
| 5-Year CAGR | +3.1% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (1.7%). 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 27607
Population: 26,062
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 27607
Schools in This ZIP Code
Nearby Schools (4 more)
Schools in adjacent ZIP codes that may serve this area
Jeffreys Grove Elementary
Lynn Road Elementary
Stough Elementary
York Elementary
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
What monthly rent should investors expect in Raleigh, NC?
The typical rental in Raleigh, NC commands about $1,592/mo monthly. That rent profile reliable cash flow against the $722K purchase basis.
Where do home prices stand in Raleigh, NC?
Median home price in Raleigh, NC is near $722K, with a 5-year CAGR of 0.0%. Prices have been steady and supportive of buy-and-hold strategies.
Is Raleigh in NC worth investing in?
Raleigh, NC reports an investability rating of 3.0/5, with median home values near $722K and average rents around $1,592/mo. That combination puts it in the durable tier for investor interest.
What investment strategy works best in Raleigh, NC?
Raleigh, NC investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($722K prices, $1,592/mo rents) make it a reasonable choice.
Do rentals sit vacant long in Raleigh, NC?
Vacancy risk in Raleigh, NC is elevated. That supports measured cash flow for typical rental holds.
You know 27607 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 27607 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 27607 ranks in Raleigh-Cary, NC
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 27607 (Raleigh)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 27607 (Raleigh, NC).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.