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Kannapolis, NC Long-Term Rental Analysis

Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Kannapolis, NC. Based on 30+ datapoints.

Kannapolis, NC Long-Term Rental Investment Snapshot

Based on 30+ long-term rental datapoints

Median Cap Rate

3.7%

Avg Cash on Cash

-11.7%

Median Cashflow

-$602/mo

Avg Rent Estimate

$1,713/mo

Avg Price

$302,987

Price Range

$194,200 - $439,100

Rent to Price

0.57%

low ratio

Positive Cashflow

13%

of analyzed properties

Recent real estate investor listings analysed as long-term rental deals in Kannapolis, NC

Kannapolis, NC presents a balanced long-term rental investment profile across 30+ analyzed datapoints. A median 3.7% cap rate combined with -11.7% average cash-on-cash returns make this a solid market for investors seeking a mix of cashflow and stability at a mid-to-upper tier price point.

Based on 30+ analyzed properties, the median monthly cashflow in Kannapolis, NC is -$602 with average rents of $1,713/month. Properties range from $194,200 to $439,100, offering entry points across multiple investment budgets.

609 Forest Ridge Rd, Kannapolis, NC 28083

Price

$276,600

Rent

$1,606

CachFlow

-$371

CoC

-7.66

Full Analysis

415 Courtland Ct, Kannapolis, NC 28081

Price

$387,500

Rent

$1,985

CachFlow

-$959

CoC

-14.14

Full Analysis

1002 N Ridge Ave, Kannapolis, NC 28083

Price

$293,400

Rent

$1,611

CachFlow

-$571

CoC

-11.12

Full Analysis

204 S East Ave, Kannapolis, NC 28083

Price

$275,400

Rent

$1,775

CachFlow

-$428

CoC

-8.88

Full Analysis

2369 Glenwood St, Kannapolis, NC 28083

Price

$381,700

Rent

$2,194

CachFlow

-$666

CoC

-9.97

Full Analysis
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Kannapolis, NC Rental Market Insights

  • Median cashflow is -$602/month — careful deal selection is essential here
  • 3.7% median cap rate is typical of appreciation-focused markets
  • At 13% positive cashflow rate, Kannapolis, NC requires selective property picks
  • Mid-to-upper tier market with properties from $194,200 to $439,100

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