ZIP 28104 — Matthews, NC: rental yield & market data
Gross rental yield of 4.76% — ranked #184 of 255 North Carolina ZIP codes. June 2026 data.
Gross rental yield
4.76%
Home value
$602,069
Market rent / mo
$2,388
Price-to-rent
21.0
Trend
| Metric | 1-year change | 5-year change |
|---|---|---|
| Home value | +0.6% | +35.4% |
| Market rent | +4.7% | — |
Metro: Charlotte-Concord-Gastonia, NC-SC · County: Union County · Annual rent: $28,656
Comparable ZIP codes in North Carolina
Similar home values, sorted by yield — the cheapest way to see if 28104 is actually the better buy.
| ZIP | City | ST | Home value | Rent/mo | Yield | P/R | Value 1y |
|---|---|---|---|---|---|---|---|
| 28428 | Carolina Beach | NC | $609,925 | $2,691 | 5.29% | 18.9 | +0.2% |
| 27516 | Chapel Hill | NC | $615,493 | $2,272 | 4.43% | 22.6 | -1.9% |
| 28277 | Charlotte | NC | $621,935 | $2,030 | 3.92% | 25.5 | +0.7% |
| 27540 | Holly Springs | NC | $585,915 | $1,858 | 3.81% | 26.3 | -1.1% |
| 27539 | Apex | NC | $611,379 | $1,823 | 3.58% | 27.9 | -1.2% |
| 28804 | Asheville | NC | $602,354 | $1,683 | 3.35% | 29.8 | -4.6% |
| 28204 | Charlotte | NC | $584,545 | $1,629 | 3.34% | 29.9 | -0.2% |
| 27613 | Raleigh | NC | $601,133 | $1,385 | 2.76% | 36.2 | -0.0% |
Top rental yields in all of North Carolina →
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