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 15+ datapoints.
Hendersonville, NC Long-Term Rental Investment Snapshot
Based on 15+ long-term rental datapoints
Median Cap Rate
3.7%
Avg Cash on Cash
-13.2%
Median Cashflow
-$906/mo
Avg Rent Estimate
$2,346/mo
Avg Price
$536,787
Price Range
$365,500 - $1,090,000
Rent to Price
0.44%
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 3.7%, 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 15+ analyzed properties, the median monthly cashflow in Hendersonville, NC is -$906 with average rents of $2,346/month. Properties range from $365,500 to $1,090,000, offering entry points across multiple investment budgets.
304 Wood Dale Dr, Hendersonville, NC 28791
Price
$599,500
Rent
$3,083
CachFlow
-$1,088
CoC
-10.37
2320 Evans Rd, Hendersonville, NC 28739
Price
$1,090,000
Rent
$3,267
CachFlow
-$3,575
CoC
-18.74
117 Brandon Rd, Hendersonville, NC 28739
Price
$711,100
Rent
$2,319
CachFlow
-$2,245
CoC
-18.04
341 Sunrise Ridge Dr, Hendersonville, NC 28792
Price
$365,500
Rent
$2,118
CachFlow
-$429
CoC
-6.71
Hendersonville, NC Rental Market Insights
- •Median cashflow is -$906/month — careful deal selection is essential here
- •3.7% 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 $365,500 to $1,090,000
- •Consider this market if your strategy favors equity growth with rental income covering holding costs