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 15+ datapoints.
Lenoir, NC Long-Term Rental Investment Snapshot
Based on 15+ long-term rental datapoints
Median Cap Rate
3.6%
Avg Cash on Cash
-14.9%
Median Cashflow
-$774/mo
Avg Rent Estimate
$1,734/mo
Avg Price
$420,831
Price Range
$224,900 - $857,500
Rent to Price
0.41%
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 15+ analyzed properties, the median monthly cashflow in Lenoir, NC is -$774 with average rents of $1,734/month. Properties range from $224,900 to $857,500, offering entry points across multiple investment budgets.
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 $857,500
- •Consider this market if your strategy favors equity growth with rental income covering holding costs