Real Estate Investing in Fremont, North Carolina (27830)

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

Wayne • Population: 3,992 • Data updated: September 2026

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Should you buy in 27830 (Fremont, NC)? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (57/100)

Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.

📈 For Investors
MIXED
3.0 / 5 (52/100)

A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.

⚠️ Risks to Know
1 flag
  • High vacancy: 22.4% 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 Fremont, NC (27830)?

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3.0/ 5

Investability

Overall investment appeal

2.0/ 5

Appreciation

Long-term value growth

4.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $173,867
Avg Monthly Rent $963
1% Rule ✗ Does Not Meet
Median Income $46,747
% Renters 48.1%

Market Analysis: 27830 Fremont

Investors eyeing 27830 need to respect the fundamentals at play. Home values of $174K come alongside slower price movement and elevated management overhead.

Distressed markets are won on execution, not on spreadsheets. ZIP 27830 clocks in at the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.

ZIP 27830's metrics run below Wayne's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.

Employment concentration in 27830 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.

Distressed ZIPs reward experience. durable returns are possible in 27830, but they flow to investors who already understand how to operate in soft markets.

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 Fremont:

C+ Average
Buy Confidence Score: 63/100
Affordability
15/25
Appreciation
18/25
Stability
7/20
Timing
8/15
Rental backup
15/15
Affordability
Moderate
Homes cost 3.7× the median income
Value Trend
Rising (+4.9%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $963/mo if you need to move
Market Conditions
BALANCED
Even conditions for buyers and sellers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
🏠

Property Strategy for 27830

Which property type performs best in this market?

Best for Cash Flow
2BR
7.9% cap rate
Best for Appreciation
2BR
+12.1% 5yr CAGR
Best Overall Value
2BR
$48,799/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $97,599 $1,070 7.9% +12.1% $48,799
3BR $210,740 $1,320 4.5% +9.8% $70,247
4BR $278,770 $1,730 4.5% +10.4% $69,693

Market Trends

Home Value History (with trend line)

$187K$167K$147K$126K$106K$86KJul 2006Jul 2016Jul 2026

📊 How Does 27830 Compare?

Metric 27830 Fremont North Carolina
Home Value $173,867 $173,867 $330,565
5-Year CAGR 3.9% 3.9% 7.8%
Avg Rent $963 $963 -
Cap Rate 4.3% 4.3% -
💡 Why Invest in 27830? Click to expand

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

A healthy rental market with 48% renter-occupied households ensures tenant availability.

📊 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 27830 (Fremont, NC). Anonymous, moderated, never written by AI.

Do you own or manage rentals in ZIP 27830 (Fremont, NC)?

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Investability
Good
Cap Rate
4.3%
Fair
5yr Growth
+3.9%
Moderate

📊 Market Snapshot

Home Value $173,867
Monthly Rent $963
Price-to-Rent 15.1:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 6.7%
Cap Rate 4.3%
5-Year IRR 8.2%

📈 Home Appreciation

1-Year +4.9% ▲
3-Year CAGR +3.3% ▲
5-Year CAGR +3.9% ▲
10-Year CAGR +4.8% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 4.3%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.3%). 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
22.4%
Elevated risk
Landlord Climate
4.0/5
Friendly
Value Trend (5yr)
+3.9%
Stable
Eviction process: Moderate Rent control: Favorable

Demographics in 27830

Population: 3,992

💰 Median Household Income
$46,747
This area
$46,747
State
$63,256
USA
$74,580
🏠 Renter Occupied
48.1%
This area
48.1%
State
27.8%
USA
34.0%
💼 Unemployment Rate
0.7%
This area
0.7%
State
-19.3%
USA
3.7%
🎓 College Educated
19.6%
This area
19.6%
State
0.5%
USA
33.7%
👤 Median Age
45.3 years
This area
45.3 years
State
6.5 years
USA
38.9 years
🏚️ Vacancy Rate
22.4%
This area
22.4%
State
19.4%
USA
10.5%
👥 Population by Ethnicity
White 72.5%
Black/African American 17.6%
Other/Mixed 9.9%
Hispanic/Latino 8.6%
👶 Under 18
21.8%
This area
21.8%
USA
22.0%
👴 65 and Over
19.7%
This area
19.7%
USA
17.3%
📊 Poverty Rate
18.0%
This area
18.0%
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 27830

B Avg School Grade
2 Schools
16.0:1 Avg Class Size
$12,270 Avg Per Pupil

Schools in This ZIP Code

B+ Above Average

Fremont STARS Elementary

📚 Pre-K – 05 Elementary
👥
246 Students
👨‍🏫
13.8:1 Class Size
💰
$12,270 Per Student
C+ Average

Norwayne Middle

📚 06 – 08 Middle
👥
870 Students
👨‍🏫
18.2:1 Class Size
💰
$12,270 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 1,746 Off-Campus Students
C+
Wayne Community College
2,883 students · 10.5 mi
C
Wilson Community College
1,751 students · 12.5 mi
C
Barton College
1,259 students · 12.5 mi

Investor Insight: With 1,746 students living off-campus nearby, this area has strong rental demand from the college population.

Frequently Asked Questions

How do home values compare in Fremont, NC?

The median home value in Fremont, NC is roughly $174K. That puts it reasonable relative to the NC statewide average.

What is the typical rental rate in Fremont, NC?

Rent in Fremont, NC is around $963/mo. The resulting rent-to-value relationship with $174K pricing is reasonable for most investor models.

How landlord-friendly is Fremont, NC?

NC ranks as a landlord-friendly state for landlord-tenant law. Fremont generally follows the statewide framework, so landlords face reasonable operating rules.

Is Fremont, NC good for house hacking?

Fremont, NC offers a challenging house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $963/mo rent level.

Is it easy to find good tenants in Fremont, NC?

Tenant quality in Fremont, NC ranks as solid. Landlords generally report stable occupancy at market rents of $963/mo.

You know 27830 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 27830 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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