Real Estate Investing in Laurel Hill, North Carolina (28351)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 28351 (Laurel Hill, NC)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 16.3% of homes vacant — above national norms.
- Higher unemployment: 7.5% unemployment — tenant risk signal.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Laurel Hill, NC (28351)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 28351 Laurel Hill
ZIP 28351 inside Scotland County looks affordable on the surface — median value of $108K — but the discount exists for reasons that a careful buyer should understand before committing.
Stepping back, the numbers look inviting — $108K purchase price, 0.0% nominal cap — the work to hit that pro forma in 28351 is substantial and deserves full respect.
Statewide comparisons place 28351 among NC's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
The 28351 ZIP's population of 4,792 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that posts the need for careful underwriting.
looks to the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in Laurel Hill:
Property Strategy for 28351
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $49,915 | $930 | 13.4% | +8.5% | $24,958 |
| 3BR | $124,744 | $1,250 | 7.2% | +7.4% | $41,581 |
Market Trends
Home Value History (with trend line)
📊 How Does 28351 Compare?
| Metric | 28351 | Laurel Hill | Laurinburg, NC | North Carolina |
|---|---|---|---|---|
| Home Value | $107,830 | $107,830 | N/A | $330,565 |
| 5-Year CAGR | 5.2% | 5.2% | N/A | 7.8% |
| Avg Rent | $837 | $837 | N/A | - |
| Cap Rate | 6.1% | 6.1% | - | - |
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 28351 (Laurel Hill, NC). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $107,830 |
| Monthly Rent | $837 |
| Price-to-Rent | 10.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 9.3% |
| Cap Rate | 6.1% |
| 5-Year IRR | 11.2% |
📈 Home Appreciation
| 1-Year | +7.4% ▲ |
| 3-Year CAGR | +1.4% ▲ |
| 5-Year CAGR | +5.2% ▲ |
| 10-Year CAGR | +5.4% ▲ |
🏠 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 (6.1%). 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 28351
Population: 4,792
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 28351
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 981 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Does Laurel Hill, NC make sense for an investment property?
Investors tracking Laurel Hill, NC will find a 3.0/5 rating supported by $108K median home values and $837/mo rents. That profile suits long-term holders targeting consistent returns.
How much is rent in Laurel Hill, NC?
Investors in Laurel Hill, NC typically see rents near $837/mo per month against $108K home values - a solid setup for rental cash flow.
What is the best play in Laurel Hill, NC?
A careful cash-flow rentals with hands-on management strategy Laurel Hill, NC best. The market produces predictable results for that approach at the $108K price point.
How much does a house cost in Laurel Hill, NC?
Laurel Hill, NC home values average about $108K. That price point suits investors targeting rentals with $837/mo in monthly income.
What kind of vacancy should I budget for in Laurel Hill, NC?
Vacancy risk in Laurel Hill, NC is elevated. That supports steady cash flow for typical rental holds.
You know 28351 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 28351 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 28351 ranks in Laurinburg, NC
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