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
3.8%
Avg Cash on Cash
-13.4%
Median Cashflow
-$583/mo
Avg Rent Estimate
$1,785/mo
Avg Price
$358,815
Price Range
$224,900 - $715,900
Rent to Price
0.5%
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 3.8%, 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 20+ analyzed properties, the median monthly cashflow in Lenoir, NC is -$583 with average rents of $1,785/month. Properties range from $224,900 to $715,900, offering entry points across multiple investment budgets.
3355 Helton Hartley Place, Lenoir, NC 28645
Price
$483,400
Rent
$2,093
CachFlow
-$1,354
CoC
-16.01
Lenoir, NC Rental Market Insights
- •Median cashflow is -$583/month — careful deal selection is essential here
- •3.8% median cap rate is typical of appreciation-focused markets
- •At 0% positive cashflow rate, Lenoir, NC requires selective property picks
- •Mid-to-upper tier market with properties from $224,900 to $715,900
- •Consider this market if your strategy favors equity growth with rental income covering holding costs