Real Estate Investing in Whiteville, North Carolina (28472)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 28472 (Whiteville, NC)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 15.7% of homes vacant — above national norms.
- Elevated poverty: 22.4% poverty rate — can affect rent collection.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Whiteville, NC (28472)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 28472 Whiteville
The 28472 ZIP in Whiteville, NC is a local-operator market. Outside capital chasing a $189K entry has to pair deep knowledge with the discount.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $189K asset, 28472 is the wrong submarket. If the plan prices in friction, the yield can still work.
From a cash-flow lens, 28472 offers a low basis, the region around Whiteville has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
Employment concentration in 28472 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
The 28472 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 Whiteville:
Property Strategy for 28472
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 3BR | $219,377 | $1,130 | 3.7% | +9.9% | $73,126 |
| 4BR | $316,937 | $1,240 | 2.8% | +9.2% | $79,234 |
Market Trends
Home Value History (with trend line)
📊 How Does 28472 Compare?
| Metric | 28472 | Whiteville | North Carolina |
|---|---|---|---|
| Home Value | $189,005 | $189,005 | $330,565 |
| 5-Year CAGR | 4.9% | 4.9% | 7.8% |
| Avg Rent | $846 | $846 | - |
| Cap Rate | 3.5% | 3.5% | - |
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 28472 (Whiteville, NC). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $189,005 |
| Monthly Rent | $846 |
| Price-to-Rent | 18.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.4% |
| Cap Rate | 3.5% |
| 5-Year IRR | 8.4% |
📈 Home Appreciation
| 1-Year | +3.4% ▲ |
| 3-Year CAGR | -0.3% ▼ |
| 5-Year CAGR | +4.9% ▲ |
| 10-Year CAGR | +6.2% ▲ |
🏠 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 (3.5%). 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 28472
Population: 17,833
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 28472
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 741 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How strong are rents in Whiteville, NC?
Investors in Whiteville, NC typically see rents near $846/mo per month against $189K home values - a solid setup for rental cash flow.
How much does a house cost in Whiteville, NC?
Homes in Whiteville, NC typically sell near $189K. Prices have moved at a 0.0% 5-year CAGR, which stable long-term demand.
Should investors worry about vacancy in Whiteville, NC?
Vacancy in Whiteville, NC is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $846/mo.
How do experienced investors play Whiteville, NC?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Whiteville, NC. The numbers - $189K homes against $846/mo rents - support that play.
Is Whiteville, NC a smart market for rental property?
With a 3.0/5 investability score, Whiteville, NC ranks as a solid market for rental property investors. Median prices of $189K and rents of $846/mo drive the underlying numbers.
You know 28472 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 28472 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.
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