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REI Lense

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

Full Analysis

152 Worley Cove Rd, Leicester, NC 28748

Price

$591,100

Rent

$3,102

CachFlow

-$1,136

CoC

-10.98

Full Analysis

11 Dusty Ln, Leicester, NC 28748

Price

$332,800

Rent

$2,198

CachFlow

-$320

CoC

-5.49

Full Analysis

3674 New Leicester Hwy, Leicester, NC 28748

Price

$342,500

Rent

$2,300

CachFlow

-$324

CoC

-5.41

Full Analysis

78 Bear Creek Hills Dr, Leicester, NC 28748

Price

$571,200

Rent

$2,521

CachFlow

-$1,323

CoC

-13.24

Full Analysis
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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

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