Real Estate Investing in Rocky Point, North Carolina (28457)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 28457 (Rocky Point, 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.
- Elevated vacancy: 11.0% vacancy may signal weakening demand.
- High price-to-rent: Price-to-rent ratio 35.2 — hard to cash-flow at these prices.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Rocky Point, NC (28457)?
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Market Analysis: 28457 Rocky Point
This part of Pender County is not an easy win. The 28457 ZIP comes in at softness in key indicators, and the playbook that works in cleaner markets often stalls here.
Distressed markets are won on execution, not on spreadsheets. ZIP 28457 posts the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
Regionally, 28457 sits on the difficult end of the NC spectrum. The a credible choice for read — for disciplined operators — is that pricing reflects the difficulty.
The demographic picture in 28457 includes headwinds that any investor should price in. Income distribution skews lower than Rocky Point averages, and tenant stability requires active management.
New investors are better served looking at Rocky Point's stable or hybrid ZIPs before stepping into 28457. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Rocky Point:
Property Strategy for 28457
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 3BR | $355,571 | $1,380 | 2.8% | +8.1% | $118,524 |
| 4BR | $444,379 | $1,660 | 2.7% | +7.9% | $111,095 |
Market Trends
Home Value History (with trend line)
📊 How Does 28457 Compare?
| Metric | 28457 | Rocky Point | Wilmington, NC | North Carolina |
|---|---|---|---|---|
| Home Value | $376,736 | $376,736 | N/A | $330,565 |
| 5-Year CAGR | 5.2% | 5.2% | N/A | 7.8% |
| Avg Rent | $891 | $891 | N/A | - |
| Cap Rate | 1.8% | 1.8% | - | - |
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 28457 (Rocky Point, NC). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $376,736 |
| Monthly Rent | $891 |
| Price-to-Rent | 35.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 2.8% |
| Cap Rate | 1.8% |
| 5-Year IRR | 7.1% |
📈 Home Appreciation
| 1-Year | +0.6% ▲ |
| 3-Year CAGR | +2.0% ▲ |
| 5-Year CAGR | +5.2% ▲ |
| 10-Year CAGR | +6.8% ▲ |
🏠 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 (1.8%). 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 28457
Population: 11,131
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 28457
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
Frequently Asked Questions
How tight is the rental market in Rocky Point, NC?
Vacancy risk in Rocky Point, NC is elevated. That supports predictable cash flow for typical rental holds.
Are renters plentiful in Rocky Point, NC?
Rocky Point, NC draws a steady base of working renters. Demand at the $891/mo rent level is reasonable for standard single-family and small multi rentals.
Is Rocky Point in NC worth investing in?
Investors tracking Rocky Point, NC will find a 3.0/5 rating supported by $377K median home values and $891/mo rents. That profile suits long-term holders targeting measured returns.
What are home prices like in Rocky Point, NC?
The median home value in Rocky Point, NC is roughly $377K. That puts it reasonable relative to the NC statewide average.
What type of investing works in Rocky Point, NC?
A careful cash-flow rentals with hands-on management strategy Rocky Point, NC best. The market produces even-keeled results for that approach at the $377K price point.
You know 28457 now. You don’t know where it ranks.
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How 28457 ranks in Wilmington, NC
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