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 50+ datapoints.

Asheville, NC Long-Term Rental Investment Snapshot

Based on 50+ long-term rental datapoints

Median Cap Rate

3.6%

Avg Cash on Cash

-13.4%

Median Cashflow

-$1,196/mo

Avg Rent Estimate

$2,409/mo

Avg Price

$568,142

Price Range

$302,400 - $1,050,400

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 3.6%, 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 50+ analyzed properties, the median monthly cashflow in Asheville, NC is -$1,196 with average rents of $2,409/month. Properties range from $302,400 to $1,050,400, offering entry points across multiple investment budgets.

50 Stonebridge Dr, Asheville, NC 28805

Price

$507,500

Rent

$2,663

CachFlow

-$1,099

CoC

-12.37

Full Analysis

8 Keasler Rd, Asheville, NC 28805

Price

$439,700

Rent

$2,506

CachFlow

-$850

CoC

-11.05

Full Analysis

250 Virginia Ave, Asheville, NC 28806

Price

$487,300

Rent

$2,143

CachFlow

-$1,333

CoC

-15.63

Full Analysis

102 Iris St, Asheville, NC 28803

Price

$370,000

Rent

$2,742

CachFlow

-$234

CoC

-3.61

Full Analysis

38 Little Forest Dr, Asheville, NC 28806

Price

$903,900

Rent

$3,159

CachFlow

-$2,709

CoC

-17.13

Full Analysis
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Asheville, NC Rental Market Insights

  • Median cashflow is -$1,196/month — careful deal selection is essential here
  • 3.6% 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 $302,400 to $1,050,400
  • Consider this market if your strategy favors equity growth with rental income covering holding costs

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