Real Estate Investing in Gaston, North Carolina (27831)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 27831 (Gaston, NC)? Our answer, based on the numbers below.
Mixed — values have been flat. OK for long-horizon buyers, less attractive if you may need to sell soon.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 20.4% of homes vacant — above national norms.
- Declining values: 0.0% 5-year CAGR — values have moved lower.
- Elevated poverty: 23.9% poverty rate — can affect rent collection.
- Lower household income: $29,940 median — tenant affordability is tighter.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Gaston, NC (27831)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 27831 Gaston
Homes in the 27831 ZIP trade near $83K, a discount that has historically rewarded investors willing to renovate. Rent comps near $945/mo support the pro forma.
The a solid fit for angle here is forced equity, not market equity. ZIP 27831 rewards investors who can execute on scope, timeline, and tenant turnover.
The an appealing option for piece of regional context is that nearby ZIPs with newer stock and higher basis have priced out of the value-add game. 27831 has not.
Demographically, 27831 is a working ZIP — not a luxury market. That profile is exactly what value-add operators need in order to price their renovated product correctly.
Strategic fit here is operational. Pro forma discipline, capex reserves, and lender relationships matter more than the marketing pitch.
Here's what matters if you're considering buying a home in Gaston:
Property Strategy for 27831
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $47,770 | $1,050 | 15.8% | +6.7% | $23,885 |
| 3BR | $93,940 | $1,260 | 9.7% | +3.4% | $31,313 |
Market Trends
Home Value History (with trend line)
📊 How Does 27831 Compare?
| Metric | 27831 | Gaston | Roanoke Rapids, NC | North Carolina |
|---|---|---|---|---|
| Home Value | $82,786 | $96,843 | N/A | $330,565 |
| 5-Year CAGR | N/A | 0.4% | N/A | 7.8% |
| Avg Rent | $945 | $927 | N/A | - |
| Cap Rate | 8.9% | 7.6% | - | - |
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 27831 (Gaston, NC). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 27831 (Gaston, NC)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $82,786 |
| Monthly Rent | $945 |
| Price-to-Rent | 7.3:1 |
| 1% Rule | ✓ Passes |
💰 Return Metrics
| Gross Yield | 13.7% |
| Cap Rate | 8.9% |
| 5-Year IRR | 8.9% |
📈 Home Appreciation
| 1-Year | -1.0% ▼ |
| 3-Year CAGR | -0.5% ▼ |
| 5-Year CAGR | 0.0% ▼ |
| 10-Year CAGR | +5.8% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The estimated cap rate (8.9%) exceeds the current 30-yr mortgage rate (6.8%). When borrowing costs less than a property yields, leverage can increase your cash-on-cash return above the cap rate.
⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 27831
Population: 2,640
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
🎓 Nearby Colleges & Universities
Frequently Asked Questions
What is the typical home price in Gaston, NC?
Median home price in Gaston, NC is near $83K, with a 5-year CAGR of 0.0%. Prices have been consistent and supportive of buy-and-hold strategies.
What does house hacking look like in Gaston, NC?
House hacking in Gaston, NC is reasonable to execute. Prices around $83K and rents of $945/mo solid owner-occupant economics.
How do BRRRR numbers look in Gaston, NC?
Yes - BRRRR is a strong in Gaston, NC. The $83K home values and $945/mo rents anchor the refinance math.
What type of investing works in Gaston, NC?
In Gaston, NC the solid play is typically value-add and BRRRR deals. The combination of $83K prices and $945/mo rents suits that approach.
Are rents high in Gaston, NC?
Rental rates in Gaston, NC average $945/mo. Tenant demand and $83K home values make the yield look reasonable by investor standards.
You know 27831 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 27831 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 27831 ranks in Roanoke Rapids, NC
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 27831 (Gaston)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 27831 (Gaston, NC).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.