Real Estate Investing in Midway Park, North Carolina (28544)

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

Onslow County • Population: 4,260 • Data updated: September 2026

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Should you buy in 28544 (Midway Park, NC)? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (67/100)

Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.

📈 For Investors
MIXED
3.0 / 5 (52/100)

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

⚠️ Risks to Know
1 flag
  • High vacancy: 14.0% of homes vacant — above national norms.

What’s happening in Midway Park, NC (28544)?

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3.0/ 5

Investability

Overall investment appeal

3.0/ 5

Appreciation

Long-term value growth

4.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $201,543
Avg Monthly Rent $1,460
1% Rule ✗ Does Not Meet
Median Income $51,436
% Renters 71.1%

Market Analysis: 28544 Midway Park

ZIP 28544 in Midway Park, NC carries a robust set of headwinds. Home values near $202K and rents of $1,460/mo sit inside a market where underwriting has to be tight.

Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 28544 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.

Within NC, ZIP 28544 trails on several market indicators that neighboring Onslow County submarkets outperform. The gap is real and resilient enough to shape underwriting.

Demographically, 28544 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.

Distressed ZIPs reward experience. substantial returns are possible in 28544, 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 Midway Park:

C+ Average
Buy Confidence Score: 69/100
Affordability
15/25
Appreciation
22/25
Stability
7/20
Timing
10/15
Rental backup
15/15
Affordability
Moderate
Homes cost 3.9× the median income
Value Trend
Rising (+5.6%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,460/mo if you need to move
Market Conditions
COOL
More inventory, negotiating room for buyers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
❄️
COOL MARKET
Jacksonville, NC Metro Area
More inventory, negotiating room for buyers
47 days
Average time to sell
Average
10.0%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from Jacksonville, NC metro data
🏠

Property Strategy for 28544

Which property type performs best in this market?

Best for Cash Flow
2BR
4.9% cap rate
Best for Appreciation
2BR
+13.9% 5yr CAGR
Best Overall Value
3BR
$77,436/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $166,065 $1,120 4.9% +13.9% $83,032
3BR $232,307 $1,560 4.8% +9.3% $77,436

Market Trends

Home Value History (with trend line)

$225K$198K$172K$145K$118K$92KJul 2006Jul 2016Jul 2026

Rent History (with trend line)

$1,510$1,417$1,325$1,233$1,140$1,048Nov 2024Sep 2025Jun 2026

📊 How Does 28544 Compare?

Metric 28544 Midway Park Jacksonville, NC North Carolina
Home Value $201,543 $201,543 N/A $330,565
5-Year CAGR 5.3% 5.3% N/A 7.8%
Avg Rent $1,460 $1,460 N/A -
Cap Rate 5.7% 5.7% - -
💡 Why Invest in 28544? Click to expand

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

71% of households rent in this area, creating consistent tenant demand for landlords.

📊 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 28544 (Midway Park, NC). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
5.7%
Fair
5yr Growth
+5.3%
Moderate

📉 Market Crash Risk Index

Based on Jacksonville, NC metro

1/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
0/3
40%
Days Pending
1/2
47 days

View all metro crash risk rankings →

📊 Market Snapshot

Home Value $201,543
Monthly Rent $1,460
Price-to-Rent 11.5:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 8.7%
Cap Rate 5.7%
5-Year IRR 11.0%

📈 Home Appreciation

1-Year +5.6% ▲
3-Year CAGR +3.1% ▲
5-Year CAGR +5.3% ▲
10-Year CAGR +6.8% ▲

🏠 Rent Trends

1-Year +25.1% ▲
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 5.7%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (5.7%). 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
14.0%
Moderate risk
Landlord Climate
4.0/5
Friendly
Value Trend (5yr)
+5.3%
Stable
Eviction process: Moderate Rent control: Favorable

Demographics in 28544

Population: 4,260

💰 Median Household Income
$51,436
This area
$51,436
State
$63,256
USA
$74,580
🏠 Renter Occupied
71.1%
This area
71.1%
State
27.8%
USA
34.0%
💼 Unemployment Rate
3.3%
This area
3.3%
State
-19.3%
USA
3.7%
🎓 College Educated
18.1%
This area
18.1%
State
0.5%
USA
33.7%
👤 Median Age
25.5 years
This area
25.5 years
State
6.5 years
USA
38.9 years
🏚️ Vacancy Rate
14.0%
This area
14.0%
State
19.4%
USA
10.5%
👥 Population by Ethnicity
White 49.5%
Other/Mixed 27.5%
Black/African American 21.5%
Hispanic/Latino 13.0%
Asian 1.4%
👶 Under 18
23.1%
This area
23.1%
USA
22.0%
👴 65 and Over
6.4%
This area
6.4%
USA
17.3%
📊 Poverty Rate
14.5%
This area
14.5%
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

🎓 Nearby Colleges & Universities

2 Nearby 1,348 Off-Campus Students
C
Coastal Carolina Community College
3,457 students · 5.9 mi
C
Miller-Motte College-Jacksonville
187 students · 9.0 mi

Investor Insight: With 1,348 students living off-campus nearby, this area has strong rental demand from the college population.

Frequently Asked Questions

How much is rent in Midway Park, NC?

Investors in Midway Park, NC typically see rents near $1,460/mo per month against $202K home values - a solid setup for rental cash flow.

What type of investing works in Midway Park, NC?

For Midway Park, NC, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.

What kind of vacancy should I budget for in Midway Park, NC?

Vacancy risk in Midway Park, NC is elevated. That supports even-keeled cash flow for typical rental holds.

Is house hacking profitable in Midway Park, NC?

The house hack math a challenging in Midway Park, NC. Owner-occupant buyers benefit from the $1,460/mo rents and $202K home values.

What kind of market is Midway Park, NC for investors?

With a 3.0/5 investability score, Midway Park, NC ranks as a solid market for rental property investors. Median prices of $202K and rents of $1,460/mo drive the underlying numbers.

You know 28544 now. You don’t know where it ranks.

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How 28544 ranks in Jacksonville, NC

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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