Real Estate Investing in Manns Harbor, North Carolina (27953)

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

Dare • Population: 1,056 • Data updated: September 2026

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Should you buy in 27953 (Manns Harbor, NC)? Our answer, based on the numbers below.

🏠 For Homebuyers
CAUTION
Grade D (45/100)

Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
1 flag
  • High vacancy: 25.8% of homes vacant — above national norms.

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

What’s happening in Manns Harbor, NC (27953)?

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3.0/ 5

Investability

Overall investment appeal

3.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $345,825
Avg Monthly Rent $1,188
1% Rule ✗ Does Not Meet
Median Income $50,302
% Renters 36.5%

Market Analysis: 27953 Manns Harbor

Not every below-median market is a bargain. Manns Harbor's 27953 ZIP reports signals that favor experienced operators who can absorb the risk $346K pricing implies.

If the plan assumes clean turnover, on-time rent, and low maintenance on a $346K asset, 27953 is the wrong submarket. If the plan prices in friction, the yield can still work.

Regionally, 27953 sits on the difficult end of the NC spectrum. The a credible choice for read — for disciplined operators — is that pricing reflects the difficulty.

The demographic picture in 27953 includes headwinds that any investor should price in. Income distribution skews lower than Manns Harbor averages, and tenant stability requires active management.

Distressed ZIPs reward experience. robust returns are possible in 27953, 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 Manns Harbor:

C Below Average
Buy Confidence Score: 57/100
Affordability
5/25
Appreciation
22/25
Stability
7/20
Timing
8/15
Rental backup
15/15
Affordability
Expensive
Homes cost 6.9× the median income
Value Trend
Rising (+3.0%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,188/mo if you need to move
Market Conditions
BALANCED
Even conditions for buyers and sellers
Bottom Line: This market may be challenging for buyers. Consider your timing and budget carefully.

Market Trends

Home Value History (with trend line)

$368K$320K$273K$225K$178K$130KDec 2011Apr 2019Jul 2026

📊 How Does 27953 Compare?

Metric 27953 Manns Harbor North Carolina
Home Value $345,825 $345,825 $330,565
5-Year CAGR 5.5% 5.5% 7.8%
Avg Rent $1,188 $1,188 -
Cap Rate 2.7% 2.7% -
💡 Why Invest in 27953? Click to expand

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

A healthy rental market with 37% renter-occupied households ensures tenant availability.

📊 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 27953 (Manns Harbor, NC). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
2.7%
Low
5yr Growth
+5.5%
Moderate

📊 Market Snapshot

Home Value $345,825
Monthly Rent $1,188
Price-to-Rent 24.3:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 4.1%
Cap Rate 2.7%
5-Year IRR 8.1%

📈 Home Appreciation

1-Year +3.0% ▲
3-Year CAGR +2.4% ▲
5-Year CAGR +5.5% ▲
10-Year CAGR +7.6% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 2.7%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.7%). 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
25.8%
Elevated risk
Landlord Climate
4.0/5
Friendly
Value Trend (5yr)
+5.5%
Stable
Eviction process: Moderate Rent control: Favorable

Demographics in 27953

Population: 1,056

💰 Median Household Income
$50,302
This area
$50,302
State
$63,256
USA
$74,580
🏠 Renter Occupied
36.5%
This area
36.5%
State
27.8%
USA
34.0%
💼 Unemployment Rate
0.0%
This area
0.0%
State
-19.3%
USA
3.7%
🎓 College Educated
14.6%
This area
14.6%
State
0.5%
USA
33.7%
👤 Median Age
40.9 years
This area
40.9 years
State
6.5 years
USA
38.9 years
🏚️ Vacancy Rate
25.8%
This area
25.8%
State
19.4%
USA
10.5%
👥 Population by Ethnicity
White 71.8%
Other/Mixed 28.2%
Hispanic/Latino 26.0%
👶 Under 18
26.1%
This area
26.1%
USA
22.0%
👴 65 and Over
24.2%
This area
24.2%
USA
17.3%
📊 Poverty Rate
17.6%
This area
17.6%
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

Frequently Asked Questions

How do home values compare in Manns Harbor, NC?

Manns Harbor, NC median home values land near $346K. That is reasonable territory for investors looking at $1,188/mo-per-month rentals.

Is Manns Harbor, NC a good market for FHA house hackers?

The a challenging house-hack environment in Manns Harbor, NC reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.

What is the typical renter like in Manns Harbor, NC?

Expect a solid tenant pool in Manns Harbor, NC. The rental market absorbs $1,188/mo rents without meaningful friction.

Are eviction rules reasonable in Manns Harbor, NC?

Landlord-friendliness in Manns Harbor, NC is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.

Should investors worry about vacancy in Manns Harbor, NC?

Expect elevated vacancy in Manns Harbor, NC. Rents at $1,188/mo are absorbed by the tenant base without meaningful lag.

You know 27953 now. You don’t know where it ranks.

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