Banner Elk, NC Mid-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for mid-term rental investments in Banner Elk, NC. Based on 10+ datapoints.
Banner Elk, NC Mid-Term Rental Investment Snapshot
Based on 10+ mid-term rental datapoints
Median Cap Rate
5%
Avg Cash on Cash
-7.2%
Median Cashflow
-$542/mo
Avg Rent Estimate
$4,264/mo
Avg Price
$646,030
Price Range
$349,900 - $1,374,400
Rent to Price
0.66%
low ratio
Positive Cashflow
11%
of analyzed properties
Recent real estate investor listings analysed as mid-term rental deals in Banner Elk, NC
Banner Elk, NC is an emerging mid-term rental market gaining attention from investors who want LTR-style stability with stronger furnished-rent premiums. With 10+ analyzed datapoints, early metrics suggest opportunity to enter before MTR inventory matures. Current average cash-on-cash returns sit at -7.2%.
Across 10+ analyzed properties, Banner Elk, NC mid-term rental investments show a median monthly cashflow of -$542 with average furnished rent estimates of $4,264/month. These figures reflect real property data, not projections.
148 River Haven Drive, Banner Elk, NC 28604
Price
$1,374,400
Rent
$4,196
CachFlow
-$5,125
CoC
-20.06
139 Nettles Ridge Road, Banner Elk, NC 28604
Price
$849,000
Rent
$6,051
CachFlow
-$731
CoC
-4.47
2266 Sugar Mountain Road, Banner Elk, NC 28604
Price
$465,000
Rent
$3,123
CachFlow
-$542
CoC
-5.62
Banner Elk, NC Mid-Term Rental Market Insights
- •Median cashflow is -$542/month — careful deal selection is essential here
- •5% median cap rate reflects a balanced risk-return profile
- •At 11% positive cashflow rate, Banner Elk, NC requires selective property picks
- •Premium market with properties from $349,900 to $1,374,400
- •Early-stage market data — revisit as more properties are analyzed for stronger signals