Real Estate Investing in Raleigh, North Carolina (27612)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 27612 (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.
- Elevated vacancy: 11.8% vacancy may signal weakening demand.
- High price-to-rent: Price-to-rent ratio 33.1 — hard to cash-flow at these prices.
What’s happening in Raleigh, NC (27612)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 27612 Raleigh
This part of Wake County is not an easy win. The 27612 ZIP clocks in at softness in key indicators, and the playbook that works in cleaner markets often stalls here.
Rent of $1,461/mo on a $580K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 27612 sits below the stated 0.0% once reality is priced in.
The gap between 27612 and stronger Raleigh ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
Meanwhile, 40,475 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.
Strategy in 27612 is an operator game, not a passive one. Turning to rents, entry prices of $580K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Raleigh:
Property Strategy for 27612
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $304,533 | $2,060 | 4.9% | +6.9% | $152,267 |
| 3BR | $481,226 | $2,580 | 3.9% | +7.8% | $160,409 |
| 4BR | $732,571 | $3,460 | 3.4% | +8.5% | $183,143 |
| 5BR | $1,064,278 | — | — | +9.1% | $212,856 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 27612 Compare?
| Metric | 27612 | Raleigh | Raleigh-Cary, NC | North Carolina |
|---|---|---|---|---|
| Home Value | $579,851 | $469,319 | N/A | $330,565 |
| 5-Year CAGR | 5.5% | 4.5% | N/A | 7.8% |
| Avg Rent | $1,461 | $1,618 | N/A | - |
| Cap Rate | 2.0% | 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 27612 (Raleigh, NC). Anonymous, moderated, never written by AI.
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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 | $579,851 |
| Monthly Rent | $1,461 |
| Price-to-Rent | 33.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.0% |
| Cap Rate | 2.0% |
| 5-Year IRR | 7.5% |
📈 Home Appreciation
| 1-Year | +3.2% ▲ |
| 3-Year CAGR | +2.2% ▲ |
| 5-Year CAGR | +5.5% ▲ |
| 10-Year CAGR | +6.3% ▲ |
🏠 Rent Trends
| 1-Year | -1.0% ▼ |
| 3-Year CAGR | -0.9% ▼ |
| 5-Year CAGR | +1.5% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.0%). 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 27612
Population: 40,475
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 27612
Schools in This ZIP Code
Nearby Schools (4 more)
Schools in adjacent ZIP codes that may serve this area
Olds Elementary
Lacy Elementary
Martin Middle
Mount Vernon
About Repit School Scores
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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
How expensive is real estate in Raleigh, NC?
The median home value in Raleigh, NC is roughly $580K. That puts it reasonable relative to the NC statewide average.
What kind of tenants rent in Raleigh, NC?
Tenant quality in Raleigh, NC ranks as solid. Landlords generally report consistent occupancy at market rents of $1,461/mo.
What investment strategy works best in Raleigh, NC?
Most investors in Raleigh, NC run a careful cash-flow rentals with hands-on management strategy. It aligns with the 3.0/5 investability profile and the market fundamentals.
Does a duplex house hack pencil in Raleigh, NC?
For house hackers, Raleigh, NC is a challenging. The $1,461/mo rent on a unit helps defray the mortgage on a $580K property.
What is it like being a landlord in Raleigh, NC?
NC ranks as a landlord-friendly state for landlord-tenant law. Raleigh generally follows the statewide framework, so landlords face reasonable operating rules.
You know 27612 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 27612 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 27612 ranks in Raleigh-Cary, NC
Every ZIP in this metro, ranked. Free.
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