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 30+ datapoints.
Hendersonville, NC Long-Term Rental Investment Snapshot
Based on 30+ long-term rental datapoints
Median Cap Rate
3.8%
Avg Cash on Cash
-12.7%
Median Cashflow
-$906/mo
Avg Rent Estimate
$2,399/mo
Avg Price
$494,279
Price Range
$300,000 - $792,200
Rent to Price
0.49%
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 3.8%, 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 30+ analyzed properties, the median monthly cashflow in Hendersonville, NC is -$906 with average rents of $2,399/month. Properties range from $300,000 to $792,200, offering entry points across multiple investment budgets.
48 Thornberry Rd, Hendersonville, NC 28792
Price
$469,600
Rent
$2,670
CachFlow
-$960
CoC
-11.68
1430 Valmont Dr, Hendersonville, NC 28791
Price
$663,200
Rent
$3,642
CachFlow
-$1,115
CoC
-9.61
335 Daylily Dr, Hendersonville, NC 28739
Price
$792,200
Rent
$4,078
CachFlow
-$1,538
CoC
-11.09
Hendersonville, NC Rental Market Insights
- •Median cashflow is -$906/month — careful deal selection is essential here
- •3.8% 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 $792,200
- •Consider this market if your strategy favors equity growth with rental income covering holding costs