Cherryville, NC Long-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Cherryville, NC. Based on 10+ datapoints.
Cherryville, NC Long-Term Rental Investment Snapshot
Based on 10+ long-term rental datapoints
Median Cap Rate
3.7%
Avg Cash on Cash
-12.2%
Median Cashflow
-$930/mo
Avg Rent Estimate
$1,960/mo
Avg Price
$394,900
Price Range
$255,900 - $599,900
Rent to Price
0.5%
low ratio
Positive Cashflow
0%
of analyzed properties
Recent real estate investor listings analysed as long-term rental deals in Cherryville, NC
Cherryville, NC is primarily an appreciation-driven market for long-term rental investors. Cap rates average 3.7%, typical of mid-to-upper tier markets where property value growth complements rental income. Investors here build equity through appreciation while rental income covers holding costs.
Based on 10+ analyzed properties, the median monthly cashflow in Cherryville, NC is -$930 with average rents of $1,960/month. Properties range from $255,900 to $599,900, offering entry points across multiple investment budgets.
201 Black Rock School Rd, Cherryville, NC 28021
Price
$261,400
Rent
$1,628
CachFlow
-$368
CoC
-8.04
Cherryville, NC Rental Market Insights
- •Median cashflow is -$930/month — careful deal selection is essential here
- •3.7% median cap rate is typical of appreciation-focused markets
- •At 0% positive cashflow rate, Cherryville, NC requires selective property picks
- •Mid-to-upper tier market with properties from $255,900 to $599,900
- •Consider this market if your strategy favors equity growth with rental income covering holding costs