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 15+ datapoints.
Banner Elk, NC Mid-Term Rental Investment Snapshot
Based on 15+ mid-term rental datapoints
Median Cap Rate
3.9%
Avg Cash on Cash
-10.4%
Median Cashflow
-$1,134/mo
Avg Rent Estimate
$3,859/mo
Avg Price
$715,419
Price Range
$349,900 - $1,249,000
Rent to Price
0.54%
low ratio
Positive Cashflow
7%
of analyzed properties
Recent real estate investor listings analysed as mid-term rental deals in Banner Elk, NC
Banner Elk, NC is a premium mid-term rental market where property values complement furnished rental income. Cap rates average 3.9%, typical of premium markets where MTR investors capture both appreciation and the rent premium furnished 30–180 day stays command over standard leases.
Across 15+ analyzed properties, Banner Elk, NC mid-term rental investments show a median monthly cashflow of -$1,134 with average furnished rent estimates of $3,859/month. These figures reflect real property data, not projections.
100 Summersweet Drive, Banner Elk, NC 28604
Price
$380,000
Rent
$3,003
CachFlow
-$168
CoC
-2.06
321 Grays Shadow Lane, Banner Elk, NC 28604
Price
$593,900
Rent
$3,890
CachFlow
-$887
CoC
-7.46
737 Lower Crab Orchard Road, Banner Elk, NC 28604
Price
$349,900
Rent
$3,714
CachFlow
$485
CoC
6.36
110 Upper Snowbird Trail, Banner Elk, NC 28604
Price
$622,600
Rent
$4,455
CachFlow
-$826
CoC
-6.66
106 Upper Grouse Ridge Road, Banner Elk, NC 28604
Price
$568,000
Rent
$3,333
CachFlow
-$1,159
CoC
-10.13
Banner Elk, NC Mid-Term Rental Market Insights
- •Median cashflow is -$1,134/month — careful deal selection is essential here
- •3.9% median cap rate is typical of appreciation-focused markets
- •At 7% positive cashflow rate, Banner Elk, NC requires selective property picks
- •Premium market with properties from $349,900 to $1,249,000
- •Consider this market if your strategy favors equity growth with rental income covering holding costs