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 20+ datapoints.
Hendersonville, NC Long-Term Rental Investment Snapshot
Based on 20+ long-term rental datapoints
Median Cap Rate
3.8%
Avg Cash on Cash
-12.2%
Median Cashflow
-$891/mo
Avg Rent Estimate
$2,427/mo
Avg Price
$484,812
Price Range
$365,500 - $711,100
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 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 20+ analyzed properties, the median monthly cashflow in Hendersonville, NC is -$891 with average rents of $2,427/month. Properties range from $365,500 to $711,100, offering entry points across multiple investment budgets.
207 Wood Dale Dr, Hendersonville, NC 28791
Price
$566,800
Rent
$2,682
CachFlow
-$1,239
CoC
-12.49
36 Windy Acres Knoll Dr, Hendersonville, NC 28792
Price
$548,100
Rent
$2,404
CachFlow
-$1,394
CoC
-14.53
216 Paradise Falls Rd, Hendersonville, NC 28792
Price
$375,000
Rent
$1,942
CachFlow
-$692
CoC
-10.54
Hendersonville, NC Rental Market Insights
- •Median cashflow is -$891/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 $365,500 to $711,100
- •Consider this market if your strategy favors equity growth with rental income covering holding costs