Real Estate Investing in Lawndale, North Carolina (28090)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 28090 (Lawndale, NC)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 20.0% 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 Lawndale, NC (28090)?
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Market Analysis: 28090 Lawndale
ZIP 28090 in Lawndale, NC carries a substantial set of headwinds. Home values near $173K and rents of $954/mo sit inside a market where underwriting has to be tight.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $173K asset, 28090 is the wrong submarket. If the plan prices in friction, the yield can still work.
In the broader NC picture, 28090 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
Resident income in 28090 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
Distressed ZIPs reward experience. solid returns are possible in 28090, 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 Lawndale:
Market Trends
Home Value History (with trend line)
📊 How Does 28090 Compare?
| Metric | 28090 | Lawndale | North Carolina |
|---|---|---|---|
| Home Value | $172,854 | $172,854 | $330,565 |
| 5-Year CAGR | 2.2% | 2.2% | 7.8% |
| Avg Rent | $954 | $954 | - |
| Cap Rate | 4.3% | 4.3% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 28090 (Lawndale, NC). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $172,854 |
| Monthly Rent | $954 |
| Price-to-Rent | 15.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.6% |
| Cap Rate | 4.3% |
| 5-Year IRR | 6.5% |
📈 Home Appreciation
| 1-Year | +8.0% ▲ |
| 3-Year CAGR | -0.1% ▼ |
| 5-Year CAGR | +2.2% ▲ |
| 10-Year CAGR | +6.1% ▲ |
🏠 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 (4.3%). 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 28090
Population: 7,422
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 28090
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.
🎓 Nearby Colleges & Universities
Investor Insight: With 542 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What kind of market is Lawndale, NC for investors?
Our data puts Lawndale, NC at 3.0/5 for investability. Home prices of $173K and rents around $954/mo create a solid backdrop for investor activity.
Do landlords face vacancy issues in Lawndale, NC?
Rental vacancy in Lawndale, NC is elevated. Investors should budget normal turnover but not chronic empty units.
Where do rents currently stand in Lawndale, NC?
The typical rental in Lawndale, NC commands about $954/mo monthly. That rent profile consistent cash flow against the $173K purchase basis.
Is Lawndale, NC landlord-friendly?
NC ranks as a landlord-friendly state for landlord-tenant law. Lawndale generally follows the statewide framework, so landlords face reasonable operating rules.
What kind of tenants rent in Lawndale, NC?
Lawndale, NC offers a steady renter base at the $954/mo rent level. Tenant turnover is reasonable for well-managed properties.
You know 28090 now. You don’t know where it ranks.
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