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
4.1%
Avg Cash on Cash
-10.7%
Median Cashflow
-$1,797/mo
Avg Rent Estimate
$5,003/mo
Avg Price
$930,262
Price Range
$400K – $1.8M
approximate
Rent to Price
0.54%
low ratio
Positive Cashflow
0%
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 4.1%, typical of premium markets where MTR investors capture both appreciation and the rent premium furnished 30–180 day stays command over standard leases.
Across 10+ analyzed properties, Banner Elk, NC mid-term rental investments show a median monthly cashflow of -$1,797 with average furnished rent estimates of $5,003/month. These figures reflect real property data, not projections.
261 Cut Laurel Lane, Banner Elk, NC 28604
Price
$798,000
Rent
$4,634
CachFlow
-$1,797
CoC
-11.62
120 Timber Rock Trail, Banner Elk, NC 28604
Price
$1,327,200
Rent
$6,502
CachFlow
-$4,574
CoC
-18.5
120 Timber Rock Drive, Banner Elk, NC 28604
Price
$1,326,400
Rent
$6,502
CachFlow
-$4,389
CoC
-17.76
569 Klonteska Drive, Banner Elk, NC 28604
Price
$679,200
Rent
$3,828
CachFlow
-$1,553
CoC
-11.6
Banner Elk, NC Mid-Term Rental Market Insights
- Median cashflow is -$1,797/month — careful deal selection is essential here
- 4.1% median cap rate is typical of appreciation-focused markets
- At 0% positive cashflow rate, Banner Elk, NC requires selective property picks
- Premium market with properties priced about $400,000 to $1,800,000
- Consider this market if your strategy favors equity growth with rental income covering holding costs