Leicester, NC Long-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Leicester, NC. Based on 10+ datapoints.
Leicester, NC Long-Term Rental Investment Snapshot
Based on 10+ long-term rental datapoints
Median Cap Rate
3.6%
Avg Cash on Cash
-13.1%
Median Cashflow
-$1,046/mo
Avg Rent Estimate
$2,388/mo
Avg Price
$459,240
Price Range
$159,000 - $632,900
Rent to Price
0.52%
low ratio
Positive Cashflow
10%
of analyzed properties
Recent real estate investor listings analysed as long-term rental deals in Leicester, NC
Leicester, NC is primarily an appreciation-driven market for long-term rental investors. Cap rates average 3.6%, 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 10+ analyzed properties, the median monthly cashflow in Leicester, NC is -$1,046 with average rents of $2,388/month. Properties range from $159,000 to $632,900, offering entry points across multiple investment budgets.
789 Morrow Branch Rd, Leicester, NC 28748
Price
$617,600
Rent
$3,030
CachFlow
-$1,469
CoC
-13.59
3674 New Leicester Hwy, Leicester, NC 28748
Price
$342,500
Rent
$2,300
CachFlow
-$324
CoC
-5.41
78 Bear Creek Hills Dr, Leicester, NC 28748
Price
$571,200
Rent
$2,521
CachFlow
-$1,323
CoC
-13.24
Leicester, NC Rental Market Insights
- •Median cashflow is -$1,046/month — careful deal selection is essential here
- •3.6% median cap rate is typical of appreciation-focused markets
- •At 10% positive cashflow rate, Leicester, NC requires selective property picks
- •Mid-to-upper tier market with properties from $159,000 to $632,900
- •Consider this market if your strategy favors equity growth with rental income covering holding costs