Pamlico County, NC — Rental Investment Analysis

🟡MODERATEaverage returns

Cap Rate

4.7%

Below average

Monthly Cash Flow

-$259

After all expenses

Price-to-Rent

12.8

Investor-friendly

DSCR

0.74

Fails

📊 Key Metrics

Median Home Price
$181,949
Average Rent (3BR)
$1,180/mo
Price-to-Rent Ratio
12.8(good)
1% Rule
0.65%(fails — need 1%+)
Cash-on-Cash Return
-7.3%
Vacancy Rate
8.0%

📈 Market Strength

Unemployment Rate
3.7%(-0.6% vs national)
Rent Growth (YoY)
+2.9%(national avg)
Population Growth
+1.95% YoY

Assumptions Used

20% down, 7.000000000000001% rate, 30yr, 8% vacancy, 10% maintenance

Customize these numbers →

Property Tax Rate

0.77%

of assessed value (NC avg)

Median Income

$60,516

household (NC avg)

Rent-to-Income

23.4%

Affordable

Section 8 Max Rent

$1,180/mo

3BR voucher payment

🏛️ NC Investor Climate

Landlord Friendly

7/10

State Income Tax

Has state tax

Property Tax

0.77% effective

Population Trend

+1.95% (3yr)

🏘️ Best Zip Codes in Pamlico County for Investors

28515
Cap Rate: 4.9%Cash Flow: -$207/mo$169,359
28529
Cap Rate: 4.5%Cash Flow: -$311/mo$194,539

All Zip Codes in Pamlico County

ZipCap RateCash FlowHome PriceRent (3BR)DSCR
285154.9%-$207$169,359$1,140/mo0.77
285294.5%-$311$194,539$1,220/mo0.70