Real Estate Investing in Gaston, North Carolina (27832)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 27832 (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.
- Elevated vacancy: 10.8% vacancy may signal weakening demand.
- Flat appreciation: Values have barely moved over 5 years (0.8% CAGR).
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Gaston, NC (27832)?
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Market Analysis: 27832 Gaston
The 27832 ZIP covers a section of Gaston that demands careful diligence. Prices near $111K look accessible, but the work to make a deal cash flow is real.
The 27832 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
Within NC, ZIP 27832 trails on several market indicators that neighboring Northampton County submarkets outperform. The gap is real and impressive enough to shape underwriting.
Employment concentration in 27832 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
Strategically, 27832 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in Gaston:
Property Strategy for 27832
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $72,984 | $1,010 | 10.0% | +3.1% | $36,492 |
| 3BR | $132,071 | $1,220 | 6.7% | +4.1% | $44,024 |
Market Trends
Home Value History (with trend line)
📊 How Does 27832 Compare?
| Metric | 27832 | Gaston | Roanoke Rapids, NC | North Carolina |
|---|---|---|---|---|
| Home Value | $110,901 | $96,843 | N/A | $330,565 |
| 5-Year CAGR | 0.8% | 0.4% | N/A | 7.8% |
| Avg Rent | $909 | $927 | N/A | - |
| Cap Rate | 6.4% | 7.6% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 27832 (Gaston, NC). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $110,901 |
| Monthly Rent | $909 |
| Price-to-Rent | 10.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 9.8% |
| Cap Rate | 6.4% |
| 5-Year IRR | 7.2% |
📈 Home Appreciation
| 1-Year | +1.2% ▲ |
| 3-Year CAGR | +0.2% ▲ |
| 5-Year CAGR | +0.8% ▲ |
| 10-Year CAGR | +5.8% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) is close to the estimated cap rate (6.4%). Financing this market at current rates produces a cash-on-cash return near the cap rate. Appreciation and tax benefits may still support the investment.
⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 27832
Population: 2,525
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 27832
Schools in This ZIP Code
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
How does Gaston, NC rate as a rental market?
Gaston, NC stands at an investability rating of 3.0/5, with median home values near $111K and average rents around $909/mo. That combination puts it in the notable tier for investor interest.
What do rentals go for in Gaston, NC?
Rent in Gaston, NC is around $909/mo. The resulting rent-to-value relationship with $111K pricing is reasonable for most investor models.
Do rentals sit vacant long in Gaston, NC?
Gaston, NC sees elevated vacancy, which is reasonable relative to the broader NC rental market.
Is Gaston, NC good for house hacking?
House hacking works a challenging in Gaston, NC. Rents of $909/mo against $111K acquisition make the strategy solid for owner-occupants.
What is the tenant pool like in Gaston, NC?
Gaston, NC offers a steady renter base at the $909/mo rent level. Tenant turnover is reasonable for well-managed properties.
You know 27832 now. You don’t know where it ranks.
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How 27832 ranks in Roanoke Rapids, NC
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