Is Dare County, NC good for real estate investing?

Dare County has an investment score of 41/100, rated as "Avoid". The county ranks #943 nationally among 1000 counties analyzed.

What is the median home price in Dare?

The median home price in Dare County is $590,218. This ranks #944 in affordability among all US counties.

Can you cash flow on rental properties in Dare?

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

Dare County

North CarolinaPopulation: 37,160

/100

Avoid

#943 of 1,000 counties

#96 in North Carolina (100 counties)

Market Snapshot

$590,218

Median Home Price

116% above national median

$35,322/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

41/100

Cash Flow(30%)

0/100

Based on 0.00% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)

47/100

Based on -0.7% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)

50/100

Population data not available.

Affordability(20%)

26/100

Price-to-income ratio of 7.4x. 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 (-0.7% YoY)
-Negative leverage (cap rate 0.0% < mortgage rate 6.9%)
-High price-to-income ratio makes financing challenging
-Limited rent data (estimates used)

Economic Indicators

Population

37,160

Median Income

$79,742

vs $62,400 national est.

Unemployment Rate

—

Data pending

Price-to-Income

7.4x

Less affordable

Compare to Nearby Counties

County					Verdict
DurhamNC	46	$394,861	$1,628	4.95%	Hold	View
HaywoodNC	45	$339,810	$1,516	5.35%	Hold	View
WakeNC	43	$474,088	$1,668	4.22%	Avoid	View
New HanoverNC	43	$435,002	$1,677	4.63%	Avoid	View
CurrentDareNC	41	$590,218	Est. pending	—	Avoid
BuncombeNC	40	$449,409	$1,786	4.77%	Avoid	View

The Bottom Line

AvoidDare may be challenging for traditional rentals. High prices or low rents make cash flow difficult.

Dare County in North Carolina scores 41/100, ranking #943 of 1,000 US counties (top 94%).

Monthly Cash Flow

+$0/mo

Cap Rate

0.0%

Cash-on-Cash

0.0%

Ready to Analyze a Deal in Dare?

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

41/100

Cash Flow(30%)

0/100

Based on 0.00% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)

47/100

Based on -0.7% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)

50/100

Population data not available.

Affordability(20%)

26/100

Price-to-income ratio of 7.4x. Lower ratios indicate more affordable markets.

County

Verdict

DurhamNC

$394,861

$1,628

4.95%

Hold

View

HaywoodNC

$339,810

$1,516

5.35%

Hold

View

WakeNC

$474,088

$1,668

4.22%

Avoid

View

New HanoverNC

$435,002

$1,677

4.63%

Avoid

View

CurrentDareNC

$590,218

Est. pending

—

Avoid

BuncombeNC

$449,409

$1,786

4.77%

Avoid

View