Real Estate Investing in Chadbourn, North Carolina (28431)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 28431 (Chadbourn, NC)? Our answer, based on the numbers below.
Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 17.1% of homes vacant — above national norms.
- Elevated poverty: 28.5% poverty rate — can affect rent collection.
- Lower household income: $31,714 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 Chadbourn, NC (28431)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 28431 Chadbourn
Stepping back, ZIP 28431 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $163K median. It rewards specialists, not generalists.
The investment case in 28431 is durable only for operators who understand what they are buying. A $163K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Nearby ZIPs in Chadbourn have seen price recovery that 28431 has not matched. Columbus County data supports the view that the spread is structural rather than temporary.
Who lives in 28431 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
Distressed ZIPs reward experience. robust returns are possible in 28431, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Chadbourn:
Market Trends
Home Value History (with trend line)
📊 How Does 28431 Compare?
| Metric | 28431 | Chadbourn | North Carolina |
|---|---|---|---|
| Home Value | $163,110 | $163,110 | $330,565 |
| 5-Year CAGR | 4.9% | 4.9% | 7.8% |
| Avg Rent | $837 | $837 | - |
| Cap Rate | 4.0% | 4.0% | - |
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 28431 (Chadbourn, NC). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 28431 (Chadbourn, NC)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $163,110 |
| Monthly Rent | $837 |
| Price-to-Rent | 16.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.2% |
| Cap Rate | 4.0% |
| 5-Year IRR | 8.9% |
📈 Home Appreciation
| 1-Year | +4.6% ▲ |
| 3-Year CAGR | -0.7% ▼ |
| 5-Year CAGR | +4.9% ▲ |
| 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 (4.0%). 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 28431
Population: 6,104
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 28431
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
Where do home prices stand in Chadbourn, NC?
Chadbourn, NC median home values land near $163K. That is reasonable territory for investors looking at $837/mo-per-month rentals.
What are vacancy rates like in Chadbourn, NC?
Chadbourn, NC sees elevated vacancy, which is reasonable relative to the broader NC rental market.
Can I live-in-and-rent in Chadbourn, NC?
The house hack math a challenging in Chadbourn, NC. Owner-occupant buyers benefit from the $837/mo rents and $163K home values.
What do rentals go for in Chadbourn, NC?
Rental rates in Chadbourn, NC average $837/mo. Tenant demand and $163K home values make the yield look reasonable by investor standards.
Is Chadbourn, NC a friendly market for rental owners?
For rental operators, Chadbourn, NC rates as landlord-friendly. The regulatory environment standard buy-and-hold operations.
You know 28431 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 28431 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.
AI Market Advisor
Ask questions about investing in 28431 (Chadbourn)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 28431 (Chadbourn, NC).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.