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REI Lense

Asheville, NC Short-Term Rental / Airbnb Analysis

Analyze rental property cap rates, cash-on-cash returns, and cashflow for short-term rental / airbnb investments in Asheville, NC. Based on 30+ datapoints.

Asheville, NC Short-Term Rental / Airbnb Investment Snapshot

Based on 30+ short-term rental / airbnb datapoints

Median Cap Rate

3.1%

Avg Cash on Cash

-11.7%

Median Cashflow

-$1,209/mo

Avg Rent Estimate

$3,606/mo

Avg Price

$601,183

Price Range

$224,600 - $1,177,500

Rent to Price

0.6%

low ratio

Positive Cashflow

10%

of analyzed properties

Recent real estate investor listings analysed as short-term rental / airbnb deals in Asheville, NC

Asheville, NC is a premium short-term rental market where property values drive long-term wealth. While cap rates are modest at 3.1%, the premium property prices reflect strong underlying demand. STR investors here typically benefit from appreciation alongside rental income.

Across 30+ analyzed properties, Asheville, NC STR investments show a median monthly cashflow of -$1,209 with an average estimated nightly-rate-adjusted revenue of $3,606/month. These figures reflect real property data, not projections.

289 Riverview Church Rd, Asheville, NC 28806

Price

$450,000

Rent

$5,870

CachFlow

$585

CoC

6.24

Full Analysis

199 Macedonia Rd, Asheville, NC 28804

Price

$416,200

Rent

$2,323

CachFlow

-$1,157

CoC

-13.97

Full Analysis

48 Springvale Ave, Asheville, NC 28803

Price

$224,600

Rent

$1,546

CachFlow

-$499

CoC

-11.26

Full Analysis

42 Sheppard Dr, Asheville, NC 28806

Price

$480,000

Rent

$3,037

CachFlow

-$1,209

CoC

-11.62

Full Analysis

832 Sand Hill Rd, Asheville, NC 28806

Price

$677,500

Rent

$5,434

CachFlow

-$1,001

CoC

-7.22

Full Analysis
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Asheville, NC Airbnb Market Insights

  • Median cashflow is -$1,209/month — careful deal selection is essential here
  • 3.1% median cap rate is typical of appreciation-focused markets
  • At 10% 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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