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
3.8%
Avg Cash on Cash
-14.1%
Median Cashflow
-$1,132/mo
Avg Rent Estimate
$2,779/mo
Avg Price
$560,208
Price Range
$207,000 - $1,222,700
Rent to Price
0.5%
low ratio
Positive Cashflow
3%
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 40+ analyzed properties, the median monthly cashflow in Hendersonville, NC is -$1,132 with average rents of $2,779/month. Properties range from $207,000 to $1,222,700, offering entry points across multiple investment budgets.
120 Baldmar Rd, Hendersonville, NC 28791
Price
$496,600
Rent
$2,414
CachFlow
-$1,343
CoC
-15.45
57 Mountainaire Ct, Hendersonville, NC 28792
Price
$1,143,500
Rent
$3,579
CachFlow
-$4,596
CoC
-22.97
23 E Silverleaf Dr, Hendersonville, NC 28739
Price
$351,800
Rent
$2,030
CachFlow
-$701
CoC
-11.39
215 N Crab Meadow Dr, Hendersonville, NC 28739
Price
$535,600
Rent
$2,500
CachFlow
-$1,569
CoC
-16.74
1450 Howard Gap Rd, Hendersonville, NC 28792
Price
$359,500
Rent
$2,159
CachFlow
-$704
CoC
-11.19
Hendersonville, NC Rental Market Insights
- •Median cashflow is -$1,132/month — careful deal selection is essential here
- •3.8% median cap rate is typical of appreciation-focused markets
- •At 3% positive cashflow rate, Hendersonville, NC requires selective property picks
- •Premium market with properties from $207,000 to $1,222,700
- •Consider this market if your strategy favors equity growth with rental income covering holding costs