Real Estate Investing in Newton Grove, North Carolina (28366)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 28366 (Newton Grove, 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: 14.8% 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 Newton Grove, NC (28366)?
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Market Analysis: 28366 Newton Grove
Not every below-median market is a bargain. Newton Grove's 28366 ZIP reflects signals that favor experienced operators who can absorb the risk $165K pricing implies.
For an experienced owner, 28366 can be a a solid fit for hunting ground — but the discount at $165K reflects genuine risk that outside investors often underestimate.
ZIP 28366's metrics run below Sampson County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
The demographic picture in 28366 includes headwinds that any investor should price in. Income distribution skews lower than Newton Grove averages, and tenant stability requires active management.
Strategy in 28366 is an operator game, not a passive one. Meanwhile, entry prices of $165K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Newton Grove:
Property Strategy for 28366
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $146,061 | $1,350 | 6.7% | +8.3% | $73,030 |
| 3BR | $212,037 | $1,660 | 5.6% | +8.2% | $70,679 |
| 4BR | $288,194 | $2,200 | 5.5% | +7.3% | $72,048 |
Market Trends
Home Value History (with trend line)
📊 How Does 28366 Compare?
| Metric | 28366 | Newton Grove | Raleigh-Cary, NC | North Carolina |
|---|---|---|---|---|
| Home Value | $164,859 | $164,859 | N/A | $330,565 |
| 5-Year CAGR | 7.1% | 7.1% | N/A | 7.8% |
| Avg Rent | $1,215 | $1,215 | N/A | - |
| Cap Rate | 5.8% | 5.8% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 28366 (Newton Grove, NC). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $164,859 |
| Monthly Rent | $1,215 |
| Price-to-Rent | 11.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 8.8% |
| Cap Rate | 5.8% |
| 5-Year IRR | 12.9% |
📈 Home Appreciation
| 1-Year | +9.8% ▲ |
| 3-Year CAGR | +5.5% ▲ |
| 5-Year CAGR | +7.1% ▲ |
| 10-Year CAGR | +7.6% ▲ |
🏠 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 (5.8%). 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 28366
Population: 4,221
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 28366
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.
Frequently Asked Questions
What are vacancy rates like in Newton Grove, NC?
Newton Grove, NC sees elevated vacancy, which is reasonable relative to the broader NC rental market.
How much do tenants pay in Newton Grove, NC?
Expect rents around $1,215/mo per month in Newton Grove, NC. With home values at $165K, the yield math works out to reasonable levels for rental investors.
Which real estate strategy fits Newton Grove, NC?
The best-fit strategy in Newton Grove, NC is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.
Is Newton Grove, NC good for landlords?
For rental operators, Newton Grove, NC rates as landlord-friendly. The regulatory environment standard buy-and-hold operations.
Is Newton Grove in NC worth investing in?
Investors tracking Newton Grove, NC will find a 3.0/5 rating supported by $165K median home values and $1,215/mo rents. That profile suits long-term holders targeting steady returns.
You know 28366 now. You don’t know where it ranks.
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How 28366 ranks in Raleigh-Cary, NC
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