Real Estate Investing in Eure, North Carolina (27935)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 27935 (Eure, NC)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 13.9% 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 Eure, NC (27935)?
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Market Analysis: 27935 Eure
The 27935 ZIP covers a section of Eure that demands careful diligence. Prices near $248K look accessible, but the work to make a deal cash flow is real.
Rent of $1,386/mo on a $248K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 27935 sits below the stated 0.0% once reality is priced in.
Within NC, ZIP 27935 trails on several market indicators that neighboring Gates County submarkets outperform. The gap is real and impressive enough to shape underwriting.
Demographically, 27935 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
Experienced landlords with local relationships tend to find 27935 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Eure:
Market Trends
Home Value History (with trend line)
📊 How Does 27935 Compare?
| Metric | 27935 | Eure | North Carolina |
|---|---|---|---|
| Home Value | $247,870 | $247,870 | $330,565 |
| 5-Year CAGR | 8.0% | 8.0% | 7.8% |
| Avg Rent | $1,386 | $1,386 | - |
| Cap Rate | 4.4% | 4.4% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 27935 (Eure, NC). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $247,870 |
| Monthly Rent | $1,386 |
| Price-to-Rent | 14.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.7% |
| Cap Rate | 4.4% |
| 5-Year IRR | 12.3% |
📈 Home Appreciation
| 1-Year | +8.4% ▲ |
| 3-Year CAGR | +12.3% ▲ |
| 5-Year CAGR | +8.0% ▲ |
| 10-Year CAGR | +6.8% ▲ |
🏠 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 (4.4%). 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 27935
Population: 1,386
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 is the typical home price in Eure, NC?
In Eure, NC the median home value sits at $248K. Against the broader NC market, that reads as reasonable for most investors.
What investment strategy works best in Eure, NC?
In Eure, NC the healthy play is typically careful cash-flow rentals with hands-on management. The combination of $248K prices and $1,386/mo rents suits that approach.
How much do tenants pay in Eure, NC?
Expect rents around $1,386/mo per month in Eure, NC. With home values at $248K, the yield math works out to reasonable levels for rental investors.
What kind of vacancy should I budget for in Eure, NC?
Eure, NC vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
What is it like being a landlord in Eure, NC?
NC ranks as a landlord-friendly state for landlord-tenant law. Eure generally follows the statewide framework, so landlords face reasonable operating rules.
You know 27935 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 27935 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 27935 ranks in Virginia Beach-Norfolk-Newport News, VA-NC
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