Is Polk County, NC good for real estate investing?

Polk County has an investment score of 48/100, rated as "Hold". The county ranks #825 nationally among 1000 counties analyzed.

What is the median home price in Polk?

The median home price in Polk County is $304,179. This ranks #588 in affordability among all US counties.

Can you cash flow on rental properties in Polk?

Based on median values with 20% down at current rates, a typical rental in Polk County would generate positive cash flow of $0/month. Individual property performance varies based on purchase price, rent, and operating expenses.

Polk County

North CarolinaPopulation: 19,538

/100

Hold

#825 of 1,000 counties

#74 in North Carolina (100 counties)

Market Snapshot

$304,179

Median Home Price

11% above national median

$18,204/mo

Est. Rent

Based on regional data

5.98%

Rent-to-Price Ratio

Estimated from price data

+$0

Est. Monthly Cash Flow

With 20% down at 6.9% rate

Price History

Trend based on YoY growth rate. Source: Zillow ZHVI/ZORI

Score Breakdown

Overall Investment Score

48/100

Cash Flow(30%)

0/100

Rent data not available for cash flow calculation.

Appreciation(25%)

41/100

Based on -1.8% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)

50/100

Population data not available.

Affordability(20%)

55/100

Price-to-income ratio of 5.0x. Lower ratios indicate more affordable markets.

Scores are calculated using real Zillow home value and rent data, Census population data, and economic indicators. The weighted average produces the overall investment score. Markets with missing rent data use estimated values based on regional averages.

Investment Outlook

Strengths

No significant strengths identified based on current data.

Challenges

-Declining home values (-1.8% YoY)
-Negative leverage (cap rate 0.0% < mortgage rate 6.9%)
-Limited rent data (estimates used)

Economic Indicators

Population

19,538

Median Income

$60,465

vs $62,400 national est.

Unemployment Rate

—

Data pending

Price-to-Income

5.0x

Less affordable

Compare to Nearby Counties

County					Verdict
PenderNC	49	$427,823	$1,990	5.58%	Hold	View
CurrentPolkNC	48	$304,179	Est. pending	—	Hold
MecklenburgNC	48	$416,475	$1,737	5.01%	Hold	View
HendersonNC	48	$416,291	$2,149	6.19%	Hold	View
DurhamNC	46	$394,861	$1,628	4.95%	Hold	View
OrangeNC	46	$497,299	$1,914	4.62%	Hold	View

The Bottom Line

HoldPolk is a neutral market.

Polk County in North Carolina scores 48/100, ranking #825 of 1,000 US counties (top 82%).

Monthly Cash Flow

+$0/mo

Cap Rate

0.0%

Cash-on-Cash

0.0%

Ready to Analyze a Deal in Polk?

Use our investment calculators to run detailed numbers on specific properties.

Single Family1-4 unit rentals, BRRRR House HackOwner-occupied strategy Multifamily5+ unit properties

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Score Breakdown

Overall Investment Score

48/100

Cash Flow(30%)

0/100

Rent data not available for cash flow calculation.

Appreciation(25%)

41/100

Based on -1.8% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)

50/100

Population data not available.

Affordability(20%)

55/100

Price-to-income ratio of 5.0x. Lower ratios indicate more affordable markets.

County

Verdict

PenderNC

$427,823

$1,990

5.58%

Hold

View

CurrentPolkNC

$304,179

Est. pending

—

Hold

MecklenburgNC

$416,475

$1,737

5.01%

Hold

View

HendersonNC

$416,291

$2,149

6.19%

Hold

View

DurhamNC

$394,861

$1,628

4.95%

Hold

View

OrangeNC

$497,299

$1,914

4.62%

Hold

View