Real Estate Investing in Jamesville, North Carolina (27846)

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

Martin County • Population: 2,689 • Data updated: September 2026

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Should you buy in 27846 (Jamesville, NC)? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (64/100)

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
2 flags
  • High vacancy: 12.6% of homes vacant — above national norms.
  • Higher unemployment: 7.1% unemployment — tenant risk signal.

• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.

What’s happening in Jamesville, NC (27846)?

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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 $141,837
Avg Monthly Rent $837
1% Rule ✗ Does Not Meet
Median Income $41,870
% Renters 30.8%

Market Analysis: 27846 Jamesville

ZIP 27846 in Jamesville, NC carries a significant set of headwinds. Home values near $142K and rents of $837/mo sit inside a market where underwriting has to be tight.

The investment case in 27846 is impressive only for operators who understand what they are buying. A $142K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.

The gap between 27846 and stronger Jamesville ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.

Turning to rents, 2,689 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.

Distressed ZIPs reward experience. notable returns are possible in 27846, 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 Jamesville:

C+ Average
Buy Confidence Score: 68/100
Affordability
20/25
Appreciation
18/25
Stability
7/20
Timing
8/15
Rental backup
15/15
Affordability
Moderate
Homes cost 3.4× the median income
Value Trend
Rising (+13.7%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $837/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 27846

Which property type performs best in this market?

Best for Cash Flow
2BR
7.3% cap rate
Best Overall Value
4BR
$44,182/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $92,286 $930 7.3% $46,143
3BR $135,139 $1,220 6.5% $45,046
4BR $176,730 $1,240 5.1% $44,182

Market Trends

Home Value History (with trend line)

$149K$133K$118K$103K$88K$73KFeb 2016May 2021Jul 2026

📊 How Does 27846 Compare?

Metric 27846 Jamesville North Carolina
Home Value $141,837 $141,837 $330,565
5-Year CAGR 4.1% 4.1% 7.8%
Avg Rent $837 $837 -
Cap Rate 4.6% 4.6% -
💡 Why Invest in 27846? Click to expand

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

📊 See where this ZIP ranks in our Best-of lists →
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 27846 (Jamesville, NC). Anonymous, moderated, never written by AI.

Do you own or manage rentals in ZIP 27846 (Jamesville, NC)?

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Investability
Good
Cap Rate
4.6%
Fair
5yr Growth
+4.1%
Moderate

📊 Market Snapshot

Home Value $141,837
Monthly Rent $837
Price-to-Rent 14.1:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 7.1%
Cap Rate 4.6%
5-Year IRR 8.7%

📈 Home Appreciation

1-Year +13.7% ▲
3-Year CAGR +2.7% ▲
5-Year CAGR +4.1% ▲
10-Year CAGR +5.8% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 4.6%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.6%). 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
12.6%
Moderate risk
Landlord Climate
4.0/5
Friendly
Value Trend (5yr)
+4.1%
Stable
Eviction process: Moderate Rent control: Favorable

Demographics in 27846

Population: 2,689

💰 Median Household Income
$41,870
This area
$41,870
State
$63,256
USA
$74,580
🏠 Renter Occupied
30.8%
This area
30.8%
State
27.8%
USA
34.0%
💼 Unemployment Rate
7.1%
This area
7.1%
State
-19.3%
USA
3.7%
🎓 College Educated
18.8%
This area
18.8%
State
0.5%
USA
33.7%
👤 Median Age
39.8 years
This area
39.8 years
State
6.5 years
USA
38.9 years
🏚️ Vacancy Rate
12.6%
This area
12.6%
State
19.4%
USA
10.5%
👥 Population by Ethnicity
White 69.7%
Black/African American 29.4%
Other/Mixed 0.9%
👶 Under 18
23.9%
This area
23.9%
USA
22.0%
👴 65 and Over
19.8%
This area
19.8%
USA
17.3%
📊 Poverty Rate
12.1%
This area
12.1%
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 27846

B Avg School Grade
2 Schools
16.9:1 Avg Class Size
$15,113 Avg Per Pupil

Schools in This ZIP Code

B+ Above Average

Jamesville Elementary

📚 Pre-K – 05 Elementary
👥
211 Students
👨‍🏫
13.7:1 Class Size
💰
$15,949 Per Student
B Good

NERSBA Early College

📚 09 – 13 High School
👥
124 Students
👨‍🏫
20.1:1 Class Size
💰
$14,276 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

1 Nearby 272 Off-Campus Students
C
Martin Community College
819 students · 12.4 mi

Frequently Asked Questions

What is the best play in Jamesville, NC?

Investors usually favor careful cash-flow rentals with hands-on management in Jamesville, NC. With home values at $142K and rents near $837/mo, other strategies can work but produce predictable rather than outsized returns.

What do landlords charge for rent in Jamesville, NC?

Average rent in Jamesville, NC is approximately $837/mo per month. Against $142K home values that yields a reasonable rent-to-price ratio.

Are tenants stable in Jamesville, NC?

The renter base in Jamesville, NC is reasonable for the $837/mo price point. Screening well and pricing to market typically yields steady tenants.

Does Jamesville, NC make sense for an investment property?

Our data puts Jamesville, NC at 3.0/5 for investability. Home prices of $142K and rents around $837/mo create a solid backdrop for investor activity.

What are home prices like in Jamesville, NC?

Typical homes in Jamesville, NC go for around $142K. The 5-year CAGR of 0.0% measured price movement.

You know 27846 now. You don’t know where it ranks.

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