North Carolina
Columbus County
ZIP 28423
50,453 residents49 permits TTM$48,184 median HHI14 ZIP codesUpdated April 16, 2026
Investor first look
Median home value
$128,300
ACS 5-Year
Cap rate proxy
7.2%
FMR × 0.65 ÷ Home Value
Rent-to-income
19.3%
HUD FMR ÷ ACS HHI
Net migration
+1.06%
IRS SOI
Permits (TTM)
49
Census BPS
Climate risk
86.9
FEMA NRI (0–100)
ZIP 28423
Median home value
$171,437
Gross yield
6.5%
Cap rate
5.4%
Rent gap
16.2%
Affordability
P/I: 3.6R/I: —
Section 8 detail
SAFMR: $925Rent: $775Gap: 19.4%
ZIP code breakdown14 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Cap rate | Rent gap |
|---|---|---|---|---|---|
| 28423 | $171,437 | $925 | 6.5% | 5.4% | 16.2% |
| 28424 | $128,300county est. | $925 | 8.7% | 7.2% | 16.2% |
| 28430 | $172,047 | $925 | 6.5% | 5.4% | 16.2% |
| 28431 | $164,566 | $925 | 6.7% | 5.7% | 16.2% |
| 28432 | $201,519 | $925 | 5.5% | 4.6% | 16.2% |
Ranked by composite score
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Demographics
Owner-occupied
72.3%
Census ACS
Vacancy rate
18.4%
Census ACS
Bachelor's degree +
15.1%
Census ACS
Rent burdened
35.4%
Census ACS (>30% income)
Median age
42.4
Census ACS
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 16, 2026