Hickory, NC Long-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Hickory, NC. Based on 20+ datapoints.
Hickory, NC Long-Term Rental Investment Snapshot
Based on 20+ long-term rental datapoints
Median Cap Rate
4.1%
Avg Cash on Cash
-10%
Median Cashflow
-$616/mo
Avg Rent Estimate
$1,818/mo
Avg Price
$380,863
Price Range
$219,000 - $663,100
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 Hickory, NC
Hickory, NC is primarily an appreciation-driven market for long-term rental investors. Cap rates average 4.1%, typical of mid-to-upper tier 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 Hickory, NC is -$616 with average rents of $1,818/month. Properties range from $219,000 to $663,100, offering entry points across multiple investment budgets.
4616 20th Street Pl NE, Hickory, NC 28601
Price
$589,800
Rent
$2,810
CachFlow
-$1,412
CoC
-13.68
Hickory, NC Rental Market Insights
- •Median cashflow is -$616/month — careful deal selection is essential here
- •4.1% median cap rate is typical of appreciation-focused markets
- •At 0% positive cashflow rate, Hickory, NC requires selective property picks
- •Mid-to-upper tier market with properties from $219,000 to $663,100
- •Consider this market if your strategy favors equity growth with rental income covering holding costs