Asheville, NC Long-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Asheville, NC. Based on 40+ datapoints.
Asheville, NC Long-Term Rental Investment Snapshot
Based on 40+ long-term rental datapoints
Median Cap Rate
3.8%
Avg Cash on Cash
-13.7%
Median Cashflow
-$1,159/mo
Avg Rent Estimate
$2,492/mo
Avg Price
$531,843
Price Range
$199,000 - $936,000
Rent to Price
0.47%
low ratio
Positive Cashflow
5%
of analyzed properties
Recent real estate investor listings analysed as long-term rental deals in Asheville, NC
Asheville, NC is primarily an appreciation-driven market for long-term rental investors. Cap rates average 3.8%, typical of premium markets where property value growth complements rental income. Investors here build equity through appreciation while rental income covers holding costs.
Based on 40+ analyzed properties, the median monthly cashflow in Asheville, NC is -$1,159 with average rents of $2,492/month. Properties range from $199,000 to $936,000, offering entry points across multiple investment budgets.
176 S French Broad Ave, Asheville, NC 28801
Price
$517,600
Rent
$1,958
CachFlow
-$1,906
CoC
-21.04
Asheville, NC Rental Market Insights
- •Median cashflow is -$1,159/month — careful deal selection is essential here
- •3.8% median cap rate is typical of appreciation-focused markets
- •At 5% positive cashflow rate, Asheville, NC requires selective property picks
- •Premium market with properties from $199,000 to $936,000
- •Consider this market if your strategy favors equity growth with rental income covering holding costs