Real Estate Investing in Supply, North Carolina (28462)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 28462 (Supply, 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: 55.4% of homes vacant — above national norms.
What’s happening in Supply, NC (28462)?
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Market Analysis: 28462 Supply
From a cash-flow lens, ZIP 28462 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $473K median. It rewards specialists, not generalists.
For an experienced owner, 28462 can be a a strong candidate for hunting ground — but the discount at $473K reflects genuine risk that outside investors often underestimate.
Nearby ZIPs in Supply have seen price recovery that 28462 has not matched. Brunswick County data supports the view that the spread is structural rather than temporary.
Resident income in 28462 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
appears to the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in Supply:
Property Strategy for 28462
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $262,980 | $1,160 | 3.2% | +6.7% | $131,490 |
| 3BR | $402,454 | $1,620 | 2.9% | +7.9% | $134,151 |
| 4BR | $799,009 | $1,940 | 1.7% | +12.9% | $199,752 |
| 5BR | $1,448,136 | — | — | +13.4% | $289,627 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 28462 Compare?
| Metric | 28462 | Supply | North Carolina |
|---|---|---|---|
| Home Value | $473,079 | $473,079 | $330,565 |
| 5-Year CAGR | 5.0% | 5.0% | 7.8% |
| Avg Rent | $2,250 | $2,250 | - |
| Cap Rate | 3.7% | 3.7% | - |
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 28462 (Supply, NC). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $473,079 |
| Monthly Rent | $2,250 |
| Price-to-Rent | 17.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.7% |
| Cap Rate | 3.7% |
| 5-Year IRR | 8.7% |
📈 Home Appreciation
| 1-Year | -0.3% ▼ |
| 3-Year CAGR | +1.1% ▲ |
| 5-Year CAGR | +5.0% ▲ |
| 10-Year CAGR | +7.0% ▲ |
🏠 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 (3.7%). 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 28462
Population: 12,336
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 28462
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 767 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How much do tenants pay in Supply, NC?
Expect rents around $2,250/mo per month in Supply, NC. With home values at $473K, the yield math works out to reasonable levels for rental investors.
Is it easy to find good tenants in Supply, NC?
The renter base in Supply, NC is reasonable for the $2,250/mo price point. Screening well and pricing to market typically yields measured tenants.
What does house hacking look like in Supply, NC?
For house hackers, Supply, NC is a challenging. The $2,250/mo rent on a unit helps defray the mortgage on a $473K property.
Is NC a landlord-friendly state?
The landlord environment in Supply, NC is landlord-friendly. Statewide rules shape most day-to-day operations for rental owners.
What approach is best for Supply, NC real estate?
The best-fit strategy in Supply, NC is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.
You know 28462 now. You don’t know where it ranks.
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How 28462 ranks in Myrtle Beach-Conway-North Myrtle Beach, SC-NC
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