Real Estate Investing in Pleasant Hill, North Carolina (27866)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 27866 (Pleasant Hill, 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: 18.3% of homes vacant — above national norms.
- Declining values: -1.5% 5-year CAGR — values have moved lower.
- 1-year downturn: Values declined 5.6% in the last year.
• Limited market data — this is a very small market; averages are built from few observations and can swing widely. • Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Pleasant Hill, NC (27866)?
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Market Analysis: 27866 Pleasant Hill
Meanwhile, ZIP 27866 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $102K median. It rewards specialists, not generalists.
Meanwhile, the numbers look inviting — $102K purchase price, 0.0% nominal cap — the work to hit that pro forma in 27866 is substantial and deserves full respect.
Regionally, 27866 sits on the difficult end of the NC spectrum. The a strong candidate for read — for disciplined operators — is that pricing reflects the difficulty.
The demographic picture in 27866 includes headwinds that any investor should price in. Income distribution skews lower than Pleasant Hill averages, and tenant stability requires active management.
Distressed ZIPs reward experience. healthy returns are possible in 27866, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Pleasant Hill:
Market Trends
Home Value History (with trend line)
📊 How Does 27866 Compare?
| Metric | 27866 | Pleasant Hill | Roanoke Rapids, NC | North Carolina |
|---|---|---|---|---|
| Home Value | $102,030 | $102,030 | N/A | $330,565 |
| 5-Year CAGR | N/A | N/A | N/A | 7.8% |
| Avg Rent | $945 | $945 | N/A | - |
| Cap Rate | 7.2% | 7.2% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 27866 (Pleasant Hill, NC). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $102,030 |
| Monthly Rent | $945 |
| Price-to-Rent | 9.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 11.1% |
| Cap Rate | 7.2% |
| 5-Year IRR | 5.7% |
📈 Home Appreciation
| 1-Year | -5.6% ▼ |
| 3-Year CAGR | -0.5% ▼ |
| 5-Year CAGR | -1.5% ▼ |
| 10-Year CAGR | +4.2% ▲ |
🏠 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 (7.2%). 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 27866
Population: 390
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 investment strategy works best in Pleasant Hill, NC?
The best-fit strategy in Pleasant Hill, NC is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.
Do landlords face vacancy issues in Pleasant Hill, NC?
Vacancy in Pleasant Hill, NC is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $945/mo.
Is Pleasant Hill, NC a good place for real estate investing?
Pleasant Hill, NC rates 3.0/5 for investability. With median values at $102K and rents near $945/mo, the market offers reasonable fundamentals for rental investors.
Does house hacking make sense in Pleasant Hill, NC?
House hacking in Pleasant Hill, NC is a challenging. With home values around $102K and rents at $945/mo, owner-occupants can offset a meaningful share of PITI.
Are landlord laws favorable in Pleasant Hill, NC?
NC law landlord-friendly for landlords, and Pleasant Hill inherits those rules. Investors should still review local ordinances for rental licensing.
You know 27866 now. You don’t know where it ranks.
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How 27866 ranks in Roanoke Rapids, NC
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