Real Estate Investing in Swansboro, North Carolina (28584)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 28584 (Swansboro, 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: 21.9% of homes vacant — above national norms.
What’s happening in Swansboro, NC (28584)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 28584 Swansboro
Investors eyeing 28584 need to respect the fundamentals at play. Home values of $404K come alongside slower price movement and elevated management overhead.
For an experienced owner, 28584 can be a a credible choice for hunting ground — but the discount at $404K reflects genuine risk that outside investors often underestimate.
In the broader NC picture, 28584 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
Demographically, 28584 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.
The right play in 28584 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in Swansboro:
Property Strategy for 28584
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $218,255 | $1,140 | 3.8% | +7.4% | $218,255 |
| 2BR | $275,703 | $1,470 | 3.8% | +9.3% | $137,851 |
| 3BR | $392,845 | $1,950 | 3.6% | +8.7% | $130,948 |
| 4BR | $487,697 | $2,430 | 3.6% | +8.2% | $121,924 |
| 5BR | $525,920 | — | — | +7.9% | $105,184 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 28584 Compare?
| Metric | 28584 | Swansboro | North Carolina |
|---|---|---|---|
| Home Value | $404,071 | $404,071 | $330,565 |
| 5-Year CAGR | 6.4% | 6.4% | 7.8% |
| Avg Rent | $1,819 | $1,819 | - |
| Cap Rate | 3.5% | 3.5% | - |
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 28584 (Swansboro, NC). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 28584 (Swansboro, NC)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $404,071 |
| Monthly Rent | $1,819 |
| Price-to-Rent | 18.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.4% |
| Cap Rate | 3.5% |
| 5-Year IRR | 9.9% |
📈 Home Appreciation
| 1-Year | +2.0% ▲ |
| 3-Year CAGR | +2.6% ▲ |
| 5-Year CAGR | +6.4% ▲ |
| 10-Year CAGR | +6.4% ▲ |
🏠 Rent Trends
| 1-Year | -3.0% ▼ |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.5%). 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 28584
Population: 14,668
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 28584
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.
Frequently Asked Questions
What is the typical rental rate in Swansboro, NC?
Investors in Swansboro, NC typically see rents near $1,819/mo per month against $404K home values - a solid setup for rental cash flow.
Are renters plentiful in Swansboro, NC?
Working renters make up the core of the Swansboro, NC tenant base. The pool is reasonable for investors targeting long-term holds.
What is the median home value in Swansboro, NC?
Expect median prices around $404K in Swansboro, NC. The market has run at a 0.0% 5-year CAGR, so entry costs have been even-keeled.
Is Swansboro, NC a good place for real estate investing?
Yes - Swansboro, NC a 3.0/5 investability score. With $404K home prices against $1,819/mo monthly rent, the market delivers a reasonable entry point for new investors.
Are eviction rules reasonable in Swansboro, NC?
For rental operators, Swansboro, NC rates as landlord-friendly. The regulatory environment standard buy-and-hold operations.
You know 28584 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 28584 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.
AI Market Advisor
Ask questions about investing in 28584 (Swansboro)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 28584 (Swansboro, NC).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.