ZIP 28117 — Mooresville, NC: rental yield & market data

Gross rental yield of 2.89% — ranked #247 of 255 North Carolina ZIP codes. June 2026 data.

Gross rental yield
2.89%
Home value
$639,475
Market rent / mo
$1,542
Price-to-rent
34.6

Trend

Metric1-year change5-year change
Home value+0.2% +34.0%
Market rent-0.9% +12.9%

Metro: Charlotte-Concord-Gastonia, NC-SC · County: Iredell County · Annual rent: $18,504

Comparable ZIP codes in North Carolina

Similar home values, sorted by yield — the cheapest way to see if 28117 is actually the better buy.

ZIPCitySTHome valueRent/moYieldP/RValue 1y
28428Carolina BeachNC$609,925$2,6915.29%18.9+0.2%
28104MatthewsNC$602,069$2,3884.76%21.0+0.6%
27516Chapel HillNC$615,493$2,2724.43%22.6-1.9%
28277CharlotteNC$621,935$2,0303.92%25.5+0.7%
27539ApexNC$611,379$1,8233.58%27.9-1.2%
28036DavidsonNC$662,920$1,8543.36%29.8+0.7%
28804AshevilleNC$602,354$1,6833.35%29.8-4.6%
27514Chapel HillNC$656,675$1,6473.01%33.2-0.8%

Top rental yields in all of North Carolina →

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