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Goldsboro, NC | City Real Estate Market Analysis

Goldsboro, Wayne County, North Carolina
City Analysis Real Estate Market NC Wayne County
Goldsboro
Market Insight

Goldsboro, NC Investment Potential Analysis

Market analysis for Goldsboro, NC will appear here once data is available. This section will surface investment opportunities, risk assessments, neighbourhood trends, and local real estate insights specific to this market.

Avg. Home Value
🏠 Median residential property value in Goldsboro.
63.00%
Property Tax Rate
🏛️ Effective property tax rate for this market.
$34,161
Avg. Household Income
💵 Average annual household income in the area.
36,110
Population
👥 Total city population estimate.
Unemployment Rate
📊 Local unemployment vs. national benchmark.

Goldsboro, NC Real Estate Market Property Overview

  • Real estate market overview for Goldsboro, NC, Wayne County
  • Population of 36,110
  • Average household income of $34,161
  • Property tax rate of 63.00%
  • Median resident age of 34.50

Property Details

City Goldsboro State North Carolina
County Wayne Country USA
Population 36,110 Median Age 34.50
Avg. Household Income $34,161 Median Home Value N/A
Unemployment Rate N/A Property Tax Rate 63.00%
Top Industries N/A Economic Overview N/A
Coordinates 35.3778, -77.9717 Properties Listed 0

Model investment returns using Goldsboro, NC market data as defaults

25%
5.0%
30 years
63.00%
5 years
3.0%
Down Payment Amount:$125,000
Loan Amount:$375,000
Monthly Mortgage:$2,012
Monthly Tax:$490
Total Monthly Payment:$2,502
Monthly Cash Flow:$581
Cash on Cash Return:5.6%
Cap Rate:5.0%
Debt Coverage Ratio:1.23x
IRR (5 years):8.4%
Projected Property Value:$579,637
Total Equity:$234,891
📊Monthly Payment Analysis

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💵Cash on Cash Return

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🚀Internal Rate of Return

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🏛️Property Tax Analysis

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* Calculations use Goldsboro, NC median home value as the default purchase price. All figures are estimates only. Consult financial and legal professionals before investing.

Capital Allocation Comparison

Direct ownership vs. passive CRE platform exposure

Compare the same starting capital across two allocation paths: direct property ownership with operational responsibility, debt exposure, and single-asset concentration, versus a professionally managed REI Capital platform strategy built around institutional underwriting and a 9% target annual growth projection.

Direct Property Ownership
  • Concentrated exposure to one property and market
  • Debt service, refinancing, and rate sensitivity
  • Active leasing, vendor, and asset oversight
  • Vacancy, capex, and maintenance obligations
  • Illiquid exit process with timing risk
  • Transaction costs can compress realized returns
Projected direct ownership outcome Calculating…
VS
REI Capital Platform Exposure
  • Passive exposure without direct operator liability
  • Institutional underwriting and acquisition discipline
  • Professional asset management and reporting
  • Strategy designed to reduce single-asset concentration
  • 9% annual target growth projection for comparison
  • Curated deal flow with a passive capital framework
Projected platform exposure at 9% target Calculating…
Projected difference

Calculating the comparison…

* REI Capital Growth uses a 9% target annual growth projection for comparison only. Returns are not guaranteed and actual results may vary. Consult a financial professional before making investment decisions.

Who This Is Designed For

Built for investors evaluating passive commercial real estate exposure

REI Capital is positioned for investors who want institutional-quality underwriting, disciplined capital deployment, and real estate exposure without managing the asset directly.

Accredited Investors

Deploy capital into a professionally managed real estate strategy without taking on daily operator responsibilities.

Family Offices

Evaluate long-duration CRE exposure with an emphasis on underwriting discipline and capital preservation.

1031 Exchange Buyers

Compare direct replacement ownership against passive alternatives with reduced operational complexity.

High-Income Professionals

Access commercial real estate exposure while preserving time, focus, and liquidity for core priorities.

Where Your NOI Goes Each Month

* Distribution based on current inputs. Actual expenses may vary.

ROI Over Time: Direct Ownership vs REI Capital

* Property return uses a conservative 3.8%–4.2% annual capital appreciation assumption. REI Capital uses a 9% target projection. Returns are not guaranteed.

Deployment Scenario Analysis

Your Down Payment: Direct Ownership vs REI Capital Platform Exposure

Same starting capital. Compare a direct ownership path against passive capital deployment through REI Capital.

Direct ownership (3.8%–4.2% appreciation) REI Capital (9% target)

* "Direct ownership" shows the same down payment growing at the selected 3.8%–4.2% annual capital appreciation rate. "REI Capital" shows the same down payment growing at 9% annual target. Returns are not guaranteed.

Allocation Rationale

Why sophisticated investors choose passive CRE exposure

Direct ownership can be powerful, but it also concentrates capital, time, and execution risk into one asset. Passive CRE exposure helps investors participate in professionally managed real estate strategies while reducing the operational burden of owning the property themselves.

  • Professional underwriting before capital deployment
  • Reduced exposure to single-asset operational demands
  • Access to institutional sourcing and asset management
  • Passive framework built for long-term capital strategy
  • Clearer comparison against direct ownership costs
  • Time-efficient exposure for qualified investors
Investor Materials

A more efficient way to deploy capital

The analysis above is only the starting point. Review the REI Capital investment materials to understand the acquisition strategy, underwriting framework, risk controls, and investor onboarding process behind the 9% target projection.

  • Acquisition strategy & deal flow
  • Underwriting and risk framework
  • Platform team and execution process
  • Investor qualification and next steps
Access Investment Materials

For qualified investors · Private overview · PDF access

Investment Due Diligence For Goldsboro, NC Income Property

Key questions for informed investment decisions

What is the overall investment potential of Goldsboro, NC, considering its demographic and economic factors? +
Goldsboro's median household income of $34,161, combined with a poverty rate of 24.5% and a health insurance coverage rate of 89.4%, suggests a working-class market with some employment stability, making it a potential location for affordable housing investments. The city's diverse population, with top ethnicities including Black, White, and White Non-Hispanic, and a foreign-born rate of 4.8%, could also contribute to a robust rental market. Additionally, the top industries, including Information, Agriculture, and Finance, indicate a mix of employment opportunities that could support rental demand.
How does the city's commute time and transportation infrastructure impact its attractiveness to investors? +
The average commute time of 18 minutes in Goldsboro, with top commute methods including driving alone, carpooling, and working from home, indicates a relatively convenient and flexible transportation infrastructure, which could make the city appealing to renters who value ease of access to employment and amenities. This, combined with the city's median property value of $111,600 and median property taxes of $5,605, suggests a potentially stable and affordable housing market for investors.
What are the implications of Goldsboro's poverty rate and health insurance coverage for tenant quality and investment risk? +
The poverty rate of 24.5% in Goldsboro, although relatively high, is somewhat mitigated by the health insurance coverage rate of 89.4%, which suggests that many residents have access to employment-related benefits or other forms of health insurance, potentially indicating a more stable tenant base. However, investors should still carefully consider the potential risks and rewards of investing in a market with a significant poverty rate, and may want to explore strategies for mitigating these risks, such as partnering with local social services organizations or offering rent subsidies.
How does the city's ethnic diversity and industry mix impact its potential for market demand and rental yields? +
Goldsboro's diverse population, with a mix of Black, White, and White Non-Hispanic residents, and a foreign-born rate of 4.8%, could contribute to a robust and diverse rental market, with potential demand from a range of demographic groups. The city's top industries, including Information, Agriculture, and Finance, also suggest a mix of employment opportunities that could support rental demand, particularly in the affordable housing segment. Additionally, the city's median age of 34.5 and high school graduate or higher rate of 82.2% may indicate a relatively stable and educated population, which could be attractive to investors seeking to minimize vacancy rates and maximize rental yields.
What are the key factors that investors should consider when evaluating the potential for property appreciation and long-term investment returns in Goldsboro, NC? +
Investors considering Goldsboro, NC should carefully evaluate factors such as the city's median property value of $111,600, median property taxes of $5,605, and homeownership rate of 37.9%, as well as its poverty rate, health insurance coverage, and industry mix. They should also consider the potential for property appreciation, given the city's relatively affordable housing market and growing population, as well as the potential for rental yield, given the demand for affordable housing and the city's diverse economy. By carefully weighing these factors, investors can make informed decisions about the potential risks and rewards of investing in Goldsboro, NC.
What are some of the best neighborhoods to live in Goldsboro? +
Some of the best neighborhoods to live in Goldsboro include Walnut Creek, Berkeley Estates, Waynesborough Acres, Northridge, Ashby Hills, Quail Ridge, and SE Rosewood. These neighborhoods offer a range of housing options and are known for their peaceful and family-friendly environments.
What are some fun things to do in Goldsboro? +
There are plenty of fun things to do in Goldsboro, including visiting the Cliffs of the Neuse State Park, taking a ghost tour, exploring the vibrant downtown area with its colorful public art, and attending the Wings Over Wayne Air Show. You can also visit the Goldsboro Antique Mall, Goldsboro Bridge Battlefield, and Old Waynesborough Park.
What is the food scene like in Goldsboro? +
The food scene in Goldsboro is diverse and offers a range of options, including Peruvian cuisine at Los Fogones, BBQ and seafood at McCall's Bar-B-Q & Seafood, and Mediterranean cuisine at Olea Mediterranean Kitchen. There are also plenty of great food trucks and local eateries to try.
What are the pros and cons of living in Goldsboro? +
The pros of living in Goldsboro include its small-town charm, outdoor recreational opportunities, and a growing downtown area with a vibrant arts and culture scene. However, some cons include a higher poverty rate and limited job opportunities compared to larger cities. Overall, Goldsboro is a great option for those looking for a close-knit community and a more relaxed pace of life.
Is Goldsboro a good place to live? +
Goldsboro is a good place to live for those who value a small-town atmosphere and a strong sense of community. While it may not offer all the amenities and job opportunities of a larger city, it has a lot to offer in terms of outdoor recreation, cultural events, and a growing downtown area. Ultimately, whether Goldsboro is a good place to live depends on your individual preferences and priorities.

Things Near Goldsboro, NC

Metro Center Station

0.2 miles

Grand Central Market

0.4 miles

About Goldsboro

Goldsboro, NC is a city that presents a mix of opportunities and challenges for investment. With a population of 36,110 and a median age of 34.5, the city has a relatively young demographic. The median household income is $34,161, which is lower than the national average. However, the city's top industries, including information, agriculture, and finance, suggest a diverse economy. The poverty rate of 24.5% is a concern, as it indicates a significant portion of the population may struggle to afford basic necessities. On the other hand, the average commute time of 18.0 minutes is relatively short, and the health insurance coverage rate of 89.4% is a positive indicator of the city's quality of life. The foreign-born rate of 4.8% and the ethnic diversity, with 38.6% of the population identifying as Black, 26.9% as White, and 24.7% as White Non-Hispanic, suggest a culturally rich community. The top occupations, including management, business, and service occupations, also indicate a skilled workforce. However, the high GINI coefficient of 0.472 suggests significant income inequality, which could impact investment decisions. Overall, Goldsboro, NC requires careful consideration of both its opportunities and challenges, including its poverty rate, commute times, and demographic diversity. With 82.2% of the population having a high school graduate or higher education level, and 17.1% holding a bachelor's degree or higher, the city has a relatively educated workforce. The median property value of $111,600 and median property taxes of $5,605 also suggest a relatively affordable housing market. Nevertheless, the 10.6% of the population without health insurance is a concern that needs to be addressed. By weighing these factors, investors can make informed decisions about the city's potential for growth and development.

Population 36,110
Median Age 34.50
Avg. Household Income $34,161
Investor Materials

Access the REI Capital investment overview

Review the acquisition strategy, underwriting framework, risk considerations, and investor onboarding process in one private PDF.

Access Investment Materials