Real Estate Investing in Point Harbor, North Carolina (27964)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 27964 (Point Harbor, 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: 28.0% of homes vacant — above national norms.
- High price-to-rent: Price-to-rent ratio 25.7 — hard to cash-flow at these prices.
• 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 Point Harbor, NC (27964)?
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Market Analysis: 27964 Point Harbor
The 27964 ZIP covers a section of Point Harbor that demands careful diligence. Prices near $472K look accessible, but the work to make a deal cash flow is real.
From an investor standpoint, the numbers look inviting — $472K purchase price, 0.0% nominal cap — the work to hit that pro forma in 27964 is substantial and deserves full respect.
In the broader NC picture, 27964 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
Looking more closely, 510 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.
New investors are better served looking at Point Harbor's stable or hybrid ZIPs before stepping into 27964. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Point Harbor:
Market Trends
Home Value History (with trend line)
📊 How Does 27964 Compare?
| Metric | 27964 | Point Harbor | North Carolina |
|---|---|---|---|
| Home Value | $472,136 | $472,136 | $330,565 |
| 5-Year CAGR | 8.2% | 8.2% | 7.8% |
| Avg Rent | $1,530 | $1,530 | - |
| Cap Rate | 2.5% | 2.5% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 27964 (Point Harbor, NC). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $472,136 |
| Monthly Rent | $1,530 |
| Price-to-Rent | 25.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.9% |
| Cap Rate | 2.5% |
| 5-Year IRR | 10.8% |
📈 Home Appreciation
| 1-Year | +6.1% ▲ |
| 3-Year CAGR | +6.2% ▲ |
| 5-Year CAGR | +8.2% ▲ |
| 10-Year CAGR | +8.4% ▲ |
🏠 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 (2.5%). 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 27964
Population: 510
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
Can I live-in-and-rent in Point Harbor, NC?
Point Harbor, NC is a a challenging market for house hackers. FHA or conventional owner-occupant buyers find the $472K price point reasonable to enter.
Are there empty rentals in Point Harbor, NC?
Vacancy risk in Point Harbor, NC is elevated. That supports stable cash flow for typical rental holds.
Should investors consider Point Harbor, NC?
Yes - Point Harbor, NC a 3.0/5 investability score. With $472K home prices against $1,530/mo monthly rent, the market delivers a reasonable entry point for new investors.
Does Point Harbor, NC favor landlords or tenants?
For rental operators, Point Harbor, NC rates as landlord-friendly. The regulatory environment standard buy-and-hold operations.
How strong is tenant demand in Point Harbor, NC?
Expect a solid tenant pool in Point Harbor, NC. The rental market absorbs $1,530/mo rents without meaningful friction.
You know 27964 now. You don’t know where it ranks.
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