Real Estate Investing in Clyde, North Carolina (28721)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 28721 (Clyde, 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: 14.9% of homes vacant — above national norms.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Clyde, NC (28721)?
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Market Analysis: 28721 Clyde
ZIP 28721 in Clyde, NC carries a solid set of headwinds. Home values near $342K and rents of $1,233/mo sit inside a market where underwriting has to be tight.
The 28721 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
In the broader NC picture, 28721 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
The demographic picture in 28721 includes headwinds that any investor should price in. Income distribution skews lower than Clyde averages, and tenant stability requires active management.
Strategically, 28721 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in Clyde:
Property Strategy for 28721
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $294,155 | $1,370 | 3.4% | +8.7% | $147,078 |
| 3BR | $360,106 | $1,760 | 3.5% | +9.0% | $120,035 |
Market Trends
Home Value History (with trend line)
📊 How Does 28721 Compare?
| Metric | 28721 | Clyde | Asheville, NC | North Carolina |
|---|---|---|---|---|
| Home Value | $342,225 | $342,225 | N/A | $330,565 |
| 5-Year CAGR | 4.6% | 4.6% | N/A | 7.8% |
| Avg Rent | $1,233 | $1,233 | N/A | - |
| Cap Rate | 2.8% | 2.8% | - | - |
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 28721 (Clyde, NC). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $342,225 |
| Monthly Rent | $1,233 |
| Price-to-Rent | 23.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.3% |
| Cap Rate | 2.8% |
| 5-Year IRR | 7.5% |
📈 Home Appreciation
| 1-Year | +0.5% ▲ |
| 3-Year CAGR | +2.8% ▲ |
| 5-Year CAGR | +4.6% ▲ |
| 10-Year CAGR | +7.1% ▲ |
🏠 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 (2.8%). 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 28721
Population: 10,561
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 28721
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 517 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How do experienced investors play Clyde, NC?
The best-fit strategy in Clyde, NC is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.
Is Clyde, NC good for landlords?
Clyde, NC falls under NC landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.
How expensive is real estate in Clyde, NC?
Median home price in Clyde, NC is near $342K, with a 5-year CAGR of 0.0%. Prices have been reliable and supportive of buy-and-hold strategies.
Can I live-in-and-rent in Clyde, NC?
House hacking in Clyde, NC is a challenging. With home values around $342K and rents at $1,233/mo, owner-occupants can offset a meaningful share of PITI.
Is Clyde in NC worth investing in?
Investors tracking Clyde, NC will find a 3.0/5 rating supported by $342K median home values and $1,233/mo rents. That profile suits long-term holders targeting steady returns.
You know 28721 now. You don’t know where it ranks.
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How 28721 ranks in Asheville, NC
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