Real Estate Investing in Frisco, North Carolina (27920)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 27920 (Frisco, NC)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 35.1% of homes vacant — above national norms.
- High price-to-rent: Price-to-rent ratio 30.1 — hard to cash-flow at these prices.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Frisco, NC (27920)?
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Market Analysis: 27920 Frisco
ZIP 27920 in Frisco, NC carries a sturdy set of headwinds. Home values near $465K and rents of $1,287/mo sit inside a market where underwriting has to be tight.
Turning to rents, the numbers look inviting — $465K purchase price, 0.0% nominal cap — the work to hit that pro forma in 27920 is substantial and deserves full respect.
On the rental side, 27920 offers a low basis, the region around Frisco has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
A robust renter share of 21% in 27920 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
Distressed ZIPs reward experience. healthy returns are possible in 27920, 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 Frisco:
Property Strategy for 27920
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 3BR | $445,411 | $1,820 | 2.9% | +8.6% | $148,470 |
| 4BR | $557,930 | $1,890 | 2.4% | +9.0% | $139,482 |
Market Trends
Home Value History (with trend line)
📊 How Does 27920 Compare?
| Metric | 27920 | Frisco | Kill Devil Hills, NC | North Carolina |
|---|---|---|---|---|
| Home Value | $465,079 | $494,042 | N/A | $330,565 |
| 5-Year CAGR | 5.1% | 5.5% | N/A | 7.8% |
| Avg Rent | $1,287 | $1,472 | N/A | - |
| Cap Rate | 2.2% | 2.3% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 27920 (Frisco, NC). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $465,079 |
| Monthly Rent | $1,287 |
| Price-to-Rent | 30.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.3% |
| Cap Rate | 2.2% |
| 5-Year IRR | 7.3% |
📈 Home Appreciation
| 1-Year | +0.9% ▲ |
| 3-Year CAGR | +0.9% ▲ |
| 5-Year CAGR | +5.1% ▲ |
| 10-Year CAGR | +5.9% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.2%). 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.
Demographics in 27920
Population: 1,451
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 27920
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
Where do rents currently stand in Frisco, NC?
Investors in Frisco, NC typically see rents near $1,287/mo per month against $465K home values - a solid setup for rental cash flow.
What is the smart move for investors in Frisco, NC?
In Frisco, NC the solid play is typically careful cash-flow rentals with hands-on management. The combination of $465K prices and $1,287/mo rents suits that approach.
Do landlords face vacancy issues in Frisco, NC?
Rental vacancy in Frisco, NC is elevated. Investors should budget normal turnover but not chronic empty units.
Is house hacking profitable in Frisco, NC?
House hacking in Frisco, NC is reasonable to execute. Prices around $465K and rents of $1,287/mo solid owner-occupant economics.
How does Frisco, NC rate as a rental market?
Frisco, NC rates 3.0/5 for investability. With median values at $465K and rents near $1,287/mo, the market offers reasonable fundamentals for rental investors.
You know 27920 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 27920 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 27920 ranks in Kill Devil Hills, NC
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