REI Lense

REI Lense

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 30+ datapoints.

Asheville, NC Long-Term Rental Investment Snapshot

Based on 30+ long-term rental datapoints

Median Cap Rate

2.9%

Avg Cash on Cash

-14.3%

Median Cashflow

-$1,293/mo

Avg Rent Estimate

$2,522/mo

Avg Price

$594,268

Price Range

$224,600 - $1,177,500

Rent to Price

0.42%

low ratio

Positive Cashflow

0%

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 2.9%, 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 30+ analyzed properties, the median monthly cashflow in Asheville, NC is -$1,293 with average rents of $2,522/month. Properties range from $224,600 to $1,177,500, offering entry points across multiple investment budgets.

178 Coleman Ave, Asheville, NC 28801

Price

$636,700

Rent

$2,366

CachFlow

-$1,903

CoC

-17.08

Full Analysis

641 Elk Mountain Scenic Hwy, Asheville, NC 28804

Price

$2,995,000

Rent

$3,443

CachFlow

-$13,913

CoC

-26.55

Full Analysis

149 State St, Asheville, NC 28806

Price

$469,000

Rent

$1,902

CachFlow

-$1,257

CoC

-15.32

Full Analysis

16 Danielbrooke Dr, Asheville, NC 28806

Price

$474,900

Rent

$2,402

CachFlow

-$840

CoC

-10.11

Full Analysis

32 Pinehurst Rd, Asheville, NC 28805

Price

$470,500

Rent

$2,239

CachFlow

-$1,072

CoC

-13.02

Full Analysis
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Asheville, NC Rental Market Insights

  • Median cashflow is -$1,293/month — careful deal selection is essential here
  • 2.9% median cap rate is typical of appreciation-focused markets
  • At 0% positive cashflow rate, Asheville, NC requires selective property picks
  • Premium market with properties from $224,600 to $1,177,500
  • Consider this market if your strategy favors equity growth with rental income covering holding costs

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