Real Estate Investing in Teachey, North Carolina (28464)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 28464 (Teachey, 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 middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Elevated poverty: 26.8% poverty rate — can affect rent collection.
- Higher unemployment: 7.5% unemployment — tenant risk signal.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Teachey, NC (28464)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 28464 Teachey
Not every below-median market is a bargain. Teachey's 28464 ZIP posts signals that favor experienced operators who can absorb the risk $219K pricing implies.
On balance, the numbers look inviting — $219K purchase price, 0.0% nominal cap — the work to hit that pro forma in 28464 is substantial and deserves full respect.
The gap between 28464 and stronger Teachey ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
Resident income in 28464 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
Experienced landlords with local relationships tend to find 28464 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Teachey:
Market Trends
Home Value History (with trend line)
📊 How Does 28464 Compare?
| Metric | 28464 | Teachey | North Carolina |
|---|---|---|---|
| Home Value | $219,161 | $219,161 | $330,565 |
| 5-Year CAGR | 8.5% | 8.5% | 7.8% |
| Avg Rent | $999 | $999 | - |
| Cap Rate | 3.6% | 3.6% | - |
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 28464 (Teachey, NC). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $219,161 |
| Monthly Rent | $999 |
| Price-to-Rent | 18.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.5% |
| Cap Rate | 3.6% |
| 5-Year IRR | 12.0% |
📈 Home Appreciation
| 1-Year | +6.4% ▲ |
| 3-Year CAGR | +6.5% ▲ |
| 5-Year CAGR | +8.5% ▲ |
| 10-Year CAGR | +8.0% ▲ |
🏠 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 (3.6%). 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 28464
Population: 2,554
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 28464
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 550 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How strong is Teachey, NC for real estate investors?
Our data puts Teachey, NC at 3.0/5 for investability. Home prices of $219K and rents around $999/mo create a solid backdrop for investor activity.
Does Teachey, NC favor landlords or tenants?
Teachey, NC falls under NC landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.
Are rents high in Teachey, NC?
Rental rates in Teachey, NC average $999/mo. Tenant demand and $219K home values make the yield look reasonable by investor standards.
Is Teachey, NC better for rentals, flips, or BRRRR?
The best-fit strategy in Teachey, NC is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.
Is Teachey, NC suited for a house hack?
House hacking works a challenging in Teachey, NC. Rents of $999/mo against $219K acquisition make the strategy solid for owner-occupants.
You know 28464 now. You don’t know where it ranks.
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