Real Estate Investing in Wagram, North Carolina (28363)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Scotland County • Population: 1,001 • Data updated: September 2026

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Should you buy in 28363 (Wagram, NC)? Our answer, based on the numbers below.

🏠 For Homebuyers
GOOD FIT
Grade B (75/100)

Solid choice — values are growing steadily and the market is stable enough to buy with confidence.

📈 For Investors
MIXED
3.0 / 5 (52/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
2 flags
  • Elevated vacancy: 11.9% vacancy may signal weakening demand.
  • Higher unemployment: 15.7% 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 Wagram, NC (28363)?

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3.0/ 5

Investability

Overall investment appeal

3.0/ 5

Appreciation

Long-term value growth

4.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $132,033
Avg Monthly Rent $837
1% Rule ✗ Does Not Meet
Median Income $41,523
% Renters 39.7%

Market Analysis: 28363 Wagram

From a cash-flow lens, ZIP 28363 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $132K median. It rewards specialists, not generalists.

Rent of $837/mo on a $132K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 28363 sits below the stated 0.0% once reality is priced in.

The gap between 28363 and stronger Wagram ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.

Who lives in 28363 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.

appears 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.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Wagram:

B Good
Buy Confidence Score: 73/100
Affordability
20/25
Appreciation
25/25
Stability
7/20
Timing
6/15
Rental backup
15/15
Affordability
Moderate
Homes cost 3.2× the median income
Value Trend
Rising (+12.1%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $837/mo if you need to move
Market Conditions
WARM
Seller-favorable conditions, steady activity
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
☀️
WARM MARKET
Laurinburg, NC Metro Area
Seller-favorable conditions, steady activity
0 days
Average time to sell
Very Fast
7.2%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from Laurinburg, NC metro data

Market Trends

Home Value History (with trend line)

$138K$125K$112K$99K$86K$73KFeb 2018May 2022Jul 2026

📊 How Does 28363 Compare?

Metric 28363 Wagram Laurinburg, NC North Carolina
Home Value $132,033 $166,047 N/A $330,565
5-Year CAGR 7.3% 6.8% N/A 7.8%
Avg Rent $837 $837 N/A -
Cap Rate 4.9% 4.1% - -
💡 Why Invest in 28363? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

A healthy rental market with 40% renter-occupied households ensures tenant availability.

📊 See where this ZIP ranks in our Best-of lists →
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 28363 (Wagram, NC). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
4.9%
Fair
5yr Growth
+7.3%
Strong

📉 Market Crash Risk Index

Based on Laurinburg, NC metro

0/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
0/3
0%
Days Pending
0/2
0 days

View all metro crash risk rankings →

📊 Market Snapshot

Home Value $132,033
Monthly Rent $837
Price-to-Rent 13.2:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 7.6%
Cap Rate 4.9%
5-Year IRR 12.3%

📈 Home Appreciation

1-Year +12.1% ▲
3-Year CAGR +4.3% ▲
5-Year CAGR +7.3% ▲
10-Year CAGR N/A

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 4.9%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.9%). 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.

Vacancy
11.9%
Moderate risk
Landlord Climate
4.0/5
Friendly
Value Trend (5yr)
+7.3%
Growing
Eviction process: Moderate Rent control: Favorable

Demographics in 28363

Population: 1,001

💰 Median Household Income
$41,523
This area
$41,523
State
$63,256
USA
$74,580
🏠 Renter Occupied
39.7%
This area
39.7%
State
27.8%
USA
34.0%
💼 Unemployment Rate
15.7%
This area
15.7%
State
-19.3%
USA
3.7%
🎓 College Educated
10.6%
This area
10.6%
State
0.5%
USA
33.7%
👤 Median Age
49.1 years
This area
49.1 years
State
6.5 years
USA
38.9 years
🏚️ Vacancy Rate
11.9%
This area
11.9%
State
19.4%
USA
10.5%
👥 Population by Ethnicity
White 50.5%
Black/African American 40.3%
Other/Mixed 9.2%
👶 Under 18
16.1%
This area
16.1%
USA
22.0%
👴 65 and Over
27.9%
This area
27.9%
USA
17.3%
📊 Poverty Rate
13.5%
This area
13.5%
USA
11.5%

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

2 Nearby 981 Off-Campus Students
C+
Richmond Community College
2,411 students · 10.6 mi
D
St. Andrews University
832 students · 15.0 mi

Investor Insight: With 981 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 Wagram, NC?

The typical rental in Wagram, NC commands about $837/mo monthly. That rent profile steady cash flow against the $132K purchase basis.

What are vacancy rates like in Wagram, NC?

Vacancy risk in Wagram, NC is elevated. That supports consistent cash flow for typical rental holds.

Is Wagram in NC worth investing in?

Wagram, NC rates 3.0/5 for investability. With median values at $132K and rents near $837/mo, the market offers reasonable fundamentals for rental investors.

What is the tenant pool like in Wagram, NC?

Working renters make up the core of the Wagram, NC tenant base. The pool is reasonable for investors targeting long-term holds.

What are home prices like in Wagram, NC?

Homes in Wagram, NC typically sell near $132K. Prices have moved at a 0.0% 5-year CAGR, which reliable long-term demand.

You know 28363 now. You don’t know where it ranks.

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How 28363 ranks in Laurinburg, NC

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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