Real Estate Investing in Pembroke, North Carolina (28372)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 28372 (Pembroke, NC)? Our answer, based on the numbers below.
Solid choice — stable market with a reasonable entry point and good rental backup if you ever need to move.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- Elevated vacancy: 9.0% vacancy may signal weakening demand.
- Lower household income: $33,788 median — tenant affordability is tighter.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Pembroke, NC (28372)?
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Market Analysis: 28372 Pembroke
ZIP 28372 in Pembroke, NC carries a notable set of headwinds. Home values near $151K and rents of $837/mo sit inside a market where underwriting has to be tight.
The investment case in 28372 is resilient only for operators who understand what they are buying. A $151K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Nearby ZIPs in Pembroke have seen price recovery that 28372 has not matched. Robeson County data supports the view that the spread is structural rather than temporary.
Demographically, 28372 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
The 28372 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Pembroke:
Property Strategy for 28372
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $85,520 | $930 | 7.8% | +8.8% | $42,760 |
| 3BR | $153,098 | $1,190 | 5.6% | +7.3% | $51,033 |
| 4BR | $228,565 | $1,390 | 4.4% | +7.6% | $57,141 |
Market Trends
Home Value History (with trend line)
📊 How Does 28372 Compare?
| Metric | 28372 | Pembroke | Lumberton, NC | North Carolina |
|---|---|---|---|---|
| Home Value | $151,093 | $151,093 | N/A | $330,565 |
| 5-Year CAGR | 4.6% | 4.6% | N/A | 7.8% |
| Avg Rent | $837 | $837 | N/A | - |
| Cap Rate | 4.3% | 4.3% | - | - |
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 28372 (Pembroke, NC). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $151,093 |
| Monthly Rent | $837 |
| Price-to-Rent | 15.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.7% |
| Cap Rate | 4.3% |
| 5-Year IRR | 8.9% |
📈 Home Appreciation
| 1-Year | +1.1% ▲ |
| 3-Year CAGR | +0.7% ▲ |
| 5-Year CAGR | +4.6% ▲ |
| 10-Year CAGR | N/A |
🏠 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 28372
Population: 12,286
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 28372
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 1,887 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Should investors consider Pembroke, NC?
Investors tracking Pembroke, NC will find a 3.0/5 rating supported by $151K median home values and $837/mo rents. That profile suits long-term holders targeting consistent returns.
What type of investing works in Pembroke, NC?
For Pembroke, NC, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.
How high is vacancy risk in Pembroke, NC?
Occupancy in Pembroke, NC runs predictable with elevated vacancy. Well-priced units at $837/mo lease on reasonable timelines.
Are renters plentiful in Pembroke, NC?
The renter base in Pembroke, NC is reasonable for the $837/mo price point. Screening well and pricing to market typically yields stable tenants.
What is the average monthly rent in Pembroke, NC?
Rental rates in Pembroke, NC average $837/mo. Tenant demand and $151K home values make the yield look reasonable by investor standards.
You know 28372 now. You don’t know where it ranks.
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How 28372 ranks in Lumberton, NC
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