Lenoir, NC Long-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Lenoir, NC. Based on 20+ datapoints.
Lenoir, NC Long-Term Rental Investment Snapshot
Based on 20+ long-term rental datapoints
Median Cap Rate
3.6%
Avg Cash on Cash
-14%
Median Cashflow
-$774/mo
Avg Rent Estimate
$1,743/mo
Avg Price
$434,600
Price Range
$224,900 - $875,000
Rent to Price
0.4%
low ratio
Positive Cashflow
0%
of analyzed properties
Recent real estate investor listings analysed as long-term rental deals in Lenoir, NC
Lenoir, NC is primarily an appreciation-driven market for long-term rental investors. Cap rates average 3.6%, 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 20+ analyzed properties, the median monthly cashflow in Lenoir, NC is -$774 with average rents of $1,743/month. Properties range from $224,900 to $875,000, offering entry points across multiple investment budgets.
2373 Wilkesboro Boulevard, Lenoir, NC 28645
Price
$875,000
Rent
$2,061
CachFlow
-$3,597
CoC
-23.49
502 Connelly Springs Rd SW, Lenoir, NC 28645
Price
$250,000
Rent
$1,541
CachFlow
-$366
CoC
-8.37
Lenoir, NC Rental Market Insights
- •Median cashflow is -$774/month — careful deal selection is essential here
- •3.6% median cap rate is typical of appreciation-focused markets
- •At 0% positive cashflow rate, Lenoir, NC requires selective property picks
- •Premium market with properties from $224,900 to $875,000
- •Consider this market if your strategy favors equity growth with rental income covering holding costs