Real Estate Investing in Wingate, North Carolina (28174)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 28174 (Wingate, 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.
No major risk flags on the data we track.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Wingate, NC (28174)?
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Market Analysis: 28174 Wingate
The 28174 ZIP covers a section of Wingate that demands careful diligence. Prices near $320K look accessible, but the work to make a deal cash flow is real.
Distressed markets are won on execution, not on spreadsheets. ZIP 28174 records the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
In the broader NC picture, 28174 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
The demographic picture in 28174 includes headwinds that any investor should price in. Income distribution skews lower than Wingate averages, and tenant stability requires active management.
New investors are better served looking at Wingate's stable or hybrid ZIPs before stepping into 28174. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Wingate:
Property Strategy for 28174
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $229,339 | $1,250 | 3.9% | +9.7% | $114,670 |
| 3BR | $310,195 | $1,530 | 3.6% | +9.7% | $103,398 |
| 4BR | $371,192 | $1,950 | 3.8% | +8.8% | $92,798 |
Market Trends
Home Value History (with trend line)
📊 How Does 28174 Compare?
| Metric | 28174 | Wingate | North Carolina |
|---|---|---|---|
| Home Value | $319,943 | $319,943 | $330,565 |
| 5-Year CAGR | 6.5% | 6.5% | 7.8% |
| Avg Rent | $1,125 | $1,125 | - |
| Cap Rate | 2.7% | 2.7% | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 28174 (Wingate, NC). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $319,943 |
| Monthly Rent | $1,125 |
| Price-to-Rent | 23.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.2% |
| Cap Rate | 2.7% |
| 5-Year IRR | 9.2% |
📈 Home Appreciation
| 1-Year | +4.4% ▲ |
| 3-Year CAGR | +2.7% ▲ |
| 5-Year CAGR | +6.5% ▲ |
| 10-Year CAGR | +9.0% ▲ |
🏠 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 (2.7%). 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.
Demographics in 28174
Population: 9,439
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 28174
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 709 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What is the average monthly rent in Wingate, NC?
The typical rental in Wingate, NC commands about $1,125/mo monthly. That rent profile even-keeled cash flow against the $320K purchase basis.
Does a duplex house hack pencil in Wingate, NC?
House hacking in Wingate, NC is reasonable to execute. Prices around $320K and rents of $1,125/mo solid owner-occupant economics.
What is the best play in Wingate, NC?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Wingate, NC. The numbers - $320K homes against $1,125/mo rents - support that play.
What is the typical home price in Wingate, NC?
Median home price in Wingate, NC is near $320K, with a 5-year CAGR of 0.0%. Prices have been predictable and supportive of buy-and-hold strategies.
What is the investability score for Wingate, NC?
The 3.0/5 investability rating in Wingate, NC reflects its $320K prices and $1,125/mo rents. Investors generally consider it a solid option within NC.
You know 28174 now. You don’t know where it ranks.
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How 28174 ranks in Charlotte-Concord-Gastonia, NC-SC
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