Lake Lure, NC Long-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Lake Lure, NC. Based on 10+ datapoints.
Lake Lure, NC Long-Term Rental Investment Snapshot
Based on 10+ long-term rental datapoints
Median Cap Rate
3.1%
Avg Cash on Cash
-17%
Median Cashflow
-$2,137/mo
Avg Rent Estimate
$3,200/mo
Avg Price
$660,811
Price Range
$436,600 - $868,900
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 Lake Lure, NC
Lake Lure, NC is primarily an appreciation-driven market for long-term rental investors. Cap rates average 3.1%, 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 10+ analyzed properties, the median monthly cashflow in Lake Lure, NC is -$2,137 with average rents of $3,200/month. Properties range from $436,600 to $868,900, offering entry points across multiple investment budgets.
144 Neighborly Dr, Lake Lure, NC 28746
Price
$1,671,660
Rent
$4,908
CachFlow
-$7,098
CoC
-24.26
Lake Lure, NC Rental Market Insights
- •Median cashflow is -$2,137/month — careful deal selection is essential here
- •3.1% median cap rate is typical of appreciation-focused markets
- •At 0% positive cashflow rate, Lake Lure, NC requires selective property picks
- •Premium market with properties from $436,600 to $868,900
- •Consider this market if your strategy favors equity growth with rental income covering holding costs