Best Markets for Investors: Gastonia & Kannapolis – January 2025 Update

[Kasey Hardt]

As we step into 2025, real estate investors are keeping a close eye on emerging markets with strong returns. Two standout locations in North Carolina—Gastonia (28052) and Kannapolis (28081)—continue to offer solid investment potential. Let’s dive into the latest stats and what they mean for investors.

Gastonia (28052) – High ROI & Affordability

• Return on Investment (ROI): 8%
• Rent-to-Price Ratio (RTP): 12.38
• Average Price per Sq. Ft.: $177

Gastonia remains a stronghold for investors looking for affordability paired with steady returns. With an 8% ROI and an RTP of 12.38, this market is well-positioned for rental income generation. The average price per square foot at $177 makes it an attractive entry point for both new and experienced investors. With ongoing developments, including the Franklin Yards project and FUSE District revitalization, property values and rental demand are expected to rise.

Kannapolis (28081) – RTP & Growing Demand

• Return on Investment (ROI): 7%
• Rent-to-Price Ratio (RTP): 13.30
• Average Price per Sq. Ft.: $198

Kannapolis presents a compelling case for investors with a consistent 7% ROI. The RTP at 13.30 signals strong rental demand, making it a viable option for those looking to maximize cash flow. While the average price per square foot is higher at $198, the city’s economic growth, particularly with industrial projects along the I-85 corridor, positions it as a strong long-term investment.

Key Takeaways for Investors

1. Gastonia offers affordability with strong rental potential, making it ideal for those seeking high ROI at a lower price point.
2. Kannapolis’ RTP and economic expansion suggest long-term appreciation and increased rental demand.
3. Both markets continue to benefit from local development and infrastructure improvements, making them solid choices for 2025 investment strategies.