Real Estate Investing in Albertson, North Carolina (28508)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Duplin County • Population: 1,742 • Data updated: September 2026

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Should you buy in 28508 (Albertson, NC)? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (63/100)

Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
2 flags
  • Elevated poverty: 39.7% poverty rate — can affect rent collection.
  • Lower household income: $36,404 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 Albertson, NC (28508)?

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3.0/ 5

Investability

Overall investment appeal

2.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $207,546
Avg Monthly Rent $972
1% Rule ✗ Does Not Meet
Median Income $36,404
% Renters 35.4%

Market Analysis: 28508 Albertson

Investors eyeing 28508 need to respect the fundamentals at play. Home values of $208K come alongside slower price movement and elevated management overhead.

Distressed markets are won on execution, not on spreadsheets. ZIP 28508 reports the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.

ZIP 28508's metrics run below Duplin County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.

A impressive renter share of 35% in 28508 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.

Distressed ZIPs reward experience. robust returns are possible in 28508, but they flow to investors who already understand how to operate in soft markets.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Albertson:

C Below Average
Buy Confidence Score: 58/100
Affordability
10/25
Appreciation
18/25
Stability
7/20
Timing
8/15
Rental backup
15/15
Affordability
Expensive
Homes cost 5.7× the median income
Value Trend
Declining (-1.1%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $972/mo if you need to move
Market Conditions
BALANCED
Even conditions for buyers and sellers
Bottom Line: This market may be challenging for buyers. Consider your timing and budget carefully.

Market Trends

Home Value History (with trend line)

$231K$205K$179K$154K$128K$103KFeb 2017Nov 2021Jul 2026

📊 How Does 28508 Compare?

Metric 28508 Albertson North Carolina
Home Value $207,546 $207,546 $330,565
5-Year CAGR 4.9% 4.9% 7.8%
Avg Rent $972 $972 -
Cap Rate 3.7% 3.7% -
💡 Why Invest in 28508? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

A healthy rental market with 35% renter-occupied households ensures tenant availability.

📊 See where this ZIP ranks in our Best-of lists →
A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 28508 (Albertson, NC). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
3.7%
Low
5yr Growth
+4.9%
Moderate

📊 Market Snapshot

Home Value $207,546
Monthly Rent $972
Price-to-Rent 17.8:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 5.6%
Cap Rate 3.7%
5-Year IRR 8.5%

📈 Home Appreciation

1-Year -1.1% ▼
3-Year CAGR +2.3% ▲
5-Year CAGR +4.9% ▲
10-Year CAGR N/A

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 3.7%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

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.

Vacancy
6.1%
Low risk
Landlord Climate
4.0/5
Friendly
Value Trend (5yr)
+4.9%
Stable
Eviction process: Moderate Rent control: Favorable

Demographics in 28508

Population: 1,742

💰 Median Household Income
$36,404
This area
$36,404
State
$63,256
USA
$74,580
🏠 Renter Occupied
35.4%
This area
35.4%
State
27.8%
USA
34.0%
💼 Unemployment Rate
4.0%
This area
4.0%
State
-19.3%
USA
3.7%
🎓 College Educated
7.3%
This area
7.3%
State
0.5%
USA
33.7%
👤 Median Age
38.2 years
This area
38.2 years
State
6.5 years
USA
38.9 years
🏚️ Vacancy Rate
6.1%
This area
6.1%
State
19.4%
USA
10.5%
👥 Population by Ethnicity
White 51.0%
Hispanic/Latino 40.6%
Other/Mixed 40.5%
Black/African American 8.4%
👶 Under 18
19.0%
This area
19.0%
USA
22.0%
👴 65 and Over
10.5%
This area
10.5%
USA
17.3%
📊 Poverty Rate
39.7%
This area
39.7%
USA
11.5%

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 28508

B Avg School Grade
1 Schools
16.0:1 Avg Class Size
$11,840 Avg Per Pupil

Schools in This ZIP Code

B Good

B F Grady Elementary

📚 Pre-K – 08 School
👥
877 Students
👨‍🏫
16.0:1 Class Size
💰
$11,840 Per Student
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

1 Nearby 550 Off-Campus Students
C
James Sprunt Community College
1,376 students · 13.4 mi

Investor Insight: With 550 students living off-campus nearby, this area has strong rental demand from the college population.

Frequently Asked Questions

What real estate strategy is ideal for Albertson, NC?

The best-fit strategy in Albertson, NC is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.

Should investors worry about vacancy in Albertson, NC?

Albertson, NC carries elevated vacancy risk. Expect even-keeled absorption at market rents of $972/mo.

Is it easy to find good tenants in Albertson, NC?

Tenant quality in Albertson, NC ranks as solid. Landlords generally report measured occupancy at market rents of $972/mo.

Does Albertson, NC favor landlords or tenants?

Albertson, NC falls under NC landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.

How much do tenants pay in Albertson, NC?

The typical rental in Albertson, NC commands about $972/mo monthly. That rent profile even-keeled cash flow against the $208K purchase basis.

You know 28508 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 28508 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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