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 30+ datapoints.
Hickory, NC Long-Term Rental Investment Snapshot
Based on 30+ long-term rental datapoints
Median Cap Rate
4%
Avg Cash on Cash
-10.1%
Median Cashflow
-$629/mo
Avg Rent Estimate
$1,981/mo
Avg Price
$356,229
Price Range
$219,000 - $589,800
Rent to Price
0.56%
low ratio
Positive Cashflow
3%
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%, 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 30+ analyzed properties, the median monthly cashflow in Hickory, NC is -$629 with average rents of $1,981/month. Properties range from $219,000 to $589,800, offering entry points across multiple investment budgets.
3972 S State Highway 127, Hickory, NC 28602
Price
$332,700
Rent
$1,829
CachFlow
-$537
CoC
-9.22
Hickory, NC Rental Market Insights
- •Median cashflow is -$629/month — careful deal selection is essential here
- •4% median cap rate is typical of appreciation-focused markets
- •At 3% positive cashflow rate, Hickory, NC requires selective property picks
- •Mid-to-upper tier market with properties from $219,000 to $589,800
- •Consider this market if your strategy favors equity growth with rental income covering holding costs