PocketSquad logoPocketSquad

Charlotte 28205

High-demand infill pocket with enough spread to justify both stabilized LTR underwriting and a tighter STR second look.

Market brief

Free Census + xAI snapshotUpdated Jun 14, 2026, 1:15 AMCached ACS 2023 baseline from Jun 14, 202677% confidence
-2.0% rent trend

Grade

A

Cap rate

4.0%

Cash-on-cash

13.8%

Strategy fit

LTR stability

Public data

Source-backed metrics stay separate from PocketSquad model outputs. Unavailable means the importer has not cached a usable row for this ZIP yet.

Cached ACS 2023 baseline from Jun 14, 2026

Rent

$1,376

Source-backed

No HUD rent benchmark cached for this ZIP yet.

Value

$410,800

Source-backed

No ZIP value trend cached yet.

Activity

Unavailable

Unavailable

No Redfin Data Center activity row cached for this ZIP yet.

Demographics

51,297

Source-backed

58.2% renter share - 7.3% vacancy

Income

$72,479

Source-backed

IRS SOI tax-income context is labeled separately from household income.

Trend

Unavailable

Unavailable

Rent trend -2.0%

Execution read

Treat this as a hybrid market: underwrite it like an LTR first, then layer on STR upside only if permits and insurance still clear.

Acquisition pricing can move fast here, so the spread disappears if you overpay by even one aggressive comp step.

Demand score

67/100

Rent band

$1,376/mo median

Sale band

$287k - $319k

Median income

$72,479

Rent trend

-2.0%

Primary risk

Acquisition pricing can move fast here, so the spread disappears if you overpay by even one aggressive comp step.

cap Rate

Modeled

cap rate is calculated by PocketSquad from the available provider inputs for Charlotte 28205.

cash On Cash

Seed fallback

cash-on-cash is using PocketSquad's seeded baseline because the connected provider did not return that metric.

demand Score

Modeled

demand score is calculated by PocketSquad from the available provider inputs for Charlotte 28205.

median Rent

Source-backed

median rent is backed by Free Census + xAI snapshot source data for Charlotte 28205.

rent Trend

Source-backed

rent trend is backed by Free Census + xAI snapshot source data for Charlotte 28205.

Sources

6 linked sources

U.S. Census ACS 5-year APIAverage Rent in 28205, Charlotte, NC28205, Charlotte, NC Area Insights & Market Trends28205 Income Statistics - North CarolinaBest Charlotte NC Neighborhoods for Rental Cash Flow 202628205 Housing Market Data - Charlotte, NC

Next actions

Open Deal Analyzer with this market

Prefill the underwriting surface with the closest sample property for this ZIP.

Review scoring methodology

See how demand, spread, and execution difficulty roll into the market grade.

Back to all markets

Jump back into the canonical heatmap and compare this ZIP against the other surfaced markets.

Track this ZIP

Save confidence and source freshness into the dashboard watchlist.

Watch this market

Snapshot note

Using free Census/HUD public data as the market baseline, with xAI web search filling missing investor metrics when source-backed values are available.

Underwrite this marketShare this market brief