Real Estate Investing in Scotland Neck, North Carolina (27874)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 27874 (Scotland Neck, NC)? Our answer, based on the numbers below.
Solid choice — stable market with a reasonable entry point and good rental backup if you ever need to move.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 26.2% of homes vacant — above national norms.
- Lower household income: $31,629 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 Scotland Neck, NC (27874)?
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Market Analysis: 27874 Scotland Neck
Within Halifax County, the 27874 ZIP stands at a lower entry point around $83K. Looking more closely, operators who can improve stock here typically see outsized uplift.
The a viable market for angle here is forced equity, not market equity. ZIP 27874 rewards investors who can execute on scope, timeline, and tenant turnover.
In Halifax County, 27874 is part of the operational map, not the passive one. The spread between median price and renovated comp reflects the work available.
The resident base in 27874 runs younger and more tenure-renter than county averages. 33% of 3,677 households lease, which is the demand source for post-rehab rent lifts.
Flippers with local expertise can do well in 27874. Out-of-state investors should partner with boots-on-the-ground operators or skip the ZIP entirely.
Here's what matters if you're considering buying a home in Scotland Neck:
Property Strategy for 27874
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $32,931 | $930 | 20.3% | +4.9% | $16,466 |
| 3BR | $84,139 | $1,190 | 10.2% | +6.5% | $28,046 |
| 4BR | $149,575 | $1,370 | 6.6% | +7.7% | $37,394 |
Market Trends
Home Value History (with trend line)
📊 How Does 27874 Compare?
| Metric | 27874 | Scotland Neck | Roanoke Rapids, NC | North Carolina |
|---|---|---|---|---|
| Home Value | $83,254 | $83,254 | N/A | $330,565 |
| 5-Year CAGR | 2.8% | 2.8% | N/A | 7.8% |
| Avg Rent | $837 | $837 | N/A | - |
| Cap Rate | 7.8% | 7.8% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 27874 (Scotland Neck, NC). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $83,254 |
| Monthly Rent | $837 |
| Price-to-Rent | 8.3:1 |
| 1% Rule | ✓ Passes |
💰 Return Metrics
| Gross Yield | 12.1% |
| Cap Rate | 7.8% |
| 5-Year IRR | 10.6% |
📈 Home Appreciation
| 1-Year | +7.8% ▲ |
| 3-Year CAGR | -1.6% ▼ |
| 5-Year CAGR | +2.8% ▲ |
| 10-Year CAGR | +5.1% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The estimated cap rate (7.8%) 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 27874
Population: 3,677
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 27874
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.
Frequently Asked Questions
How much does a house cost in Scotland Neck, NC?
The median home value in Scotland Neck, NC is roughly $83K. That puts it reasonable relative to the NC statewide average.
Is Scotland Neck, NC suited for a house hack?
House hacking works an attractive in Scotland Neck, NC. Rents of $837/mo against $83K acquisition make the strategy solid for owner-occupants.
Does BRRRR pencil out in Scotland Neck, NC?
BRRRR viability in Scotland Neck, NC is a strong. Disciplined acquisition and rehab can hit the 75% LTV refinance target at market comps.
Which real estate strategy fits Scotland Neck, NC?
Scotland Neck, NC investors pursuing value-add and BRRRR deals. The underlying economics ($83K prices, $837/mo rents) make it a reasonable choice.
How much rent can I charge in Scotland Neck, NC?
Average rent in Scotland Neck, NC is approximately $837/mo per month. Against $83K home values that yields a reasonable rent-to-price ratio.
You know 27874 now. You don’t know where it ranks.
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How 27874 ranks in Roanoke Rapids, NC
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