Hendersonville, NC Long-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Hendersonville, NC. Based on 40+ datapoints.
Hendersonville, NC Long-Term Rental Investment Snapshot
Based on 40+ long-term rental datapoints
Median Cap Rate
3.9%
Avg Cash on Cash
-11.7%
Median Cashflow
-$960/mo
Avg Rent Estimate
$2,512/mo
Avg Price
$524,191
Price Range
$300,000 - $850,000
Rent to Price
0.48%
low ratio
Positive Cashflow
0%
of analyzed properties
Recent real estate investor listings analysed as long-term rental deals in Hendersonville, NC
Hendersonville, NC is primarily an appreciation-driven market for long-term rental investors. Cap rates average 3.9%, typical of premium markets where property value growth complements rental income. Investors here build equity through appreciation while rental income covers holding costs.
Based on 40+ analyzed properties, the median monthly cashflow in Hendersonville, NC is -$960 with average rents of $2,512/month. Properties range from $300,000 to $850,000, offering entry points across multiple investment budgets.
1952 Davis Mountain Rd, Hendersonville, NC 28739
Price
$499,500
Rent
$2,444
CachFlow
-$980
CoC
-11.21
1480 Davis Mountain Rd, Hendersonville, NC 28739
Price
$645,000
Rent
$1,793
CachFlow
-$2,267
CoC
-20.08
132 E Whisperwood Cir, Hendersonville, NC 28791
Price
$453,800
Rent
$2,970
CachFlow
-$378
CoC
-4.76
119 Olde Oak Way, Hendersonville, NC 28792
Price
$508,600
Rent
$2,473
CachFlow
-$1,176
CoC
-13.21
Hendersonville, NC Rental Market Insights
- •Median cashflow is -$960/month — careful deal selection is essential here
- •3.9% median cap rate is typical of appreciation-focused markets
- •At 0% positive cashflow rate, Hendersonville, NC requires selective property picks
- •Premium market with properties from $300,000 to $850,000
- •Consider this market if your strategy favors equity growth with rental income covering holding costs