Mills River, NC Mid-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for mid-term rental investments in Mills River, NC. Based on 10+ datapoints.
Mills River, NC Mid-Term Rental Investment Snapshot
Based on 10+ mid-term rental datapoints
Median Cap Rate
4.8%
Avg Cash on Cash
-5.6%
Median Cashflow
-$762/mo
Avg Rent Estimate
$4,315/mo
Avg Price
$594,733
Price Range
$414,700 - $785,000
Rent to Price
0.73%
low ratio
Positive Cashflow
0%
of analyzed properties
Recent real estate investor listings analysed as mid-term rental deals in Mills River, NC
Mills River, NC is a premium mid-term rental market where property values complement furnished rental income. Cap rates average 4.8%, typical of premium markets where MTR investors capture both appreciation and the rent premium furnished 30–180 day stays command over standard leases.
Across 10+ analyzed properties, Mills River, NC mid-term rental investments show a median monthly cashflow of -$762 with average furnished rent estimates of $4,315/month. These figures reflect real property data, not projections.
55 Greenwood Acres Dr, Mills River, NC 28759
Price
$444,700
Rent
$3,568
CachFlow
-$159
CoC
-1.71
84 Greenwood Acres Dr, Mills River, NC 28759
Price
$523,500
Rent
$3,704
CachFlow
-$494
CoC
-4.63
Mills River, NC Mid-Term Rental Market Insights
- •Median cashflow is -$762/month — careful deal selection is essential here
- •4.8% median cap rate is typical of appreciation-focused markets
- •At 0% positive cashflow rate, Mills River, NC requires selective property picks
- •Premium market with properties from $414,700 to $785,000
- •Consider this market if your strategy favors equity growth with rental income covering holding costs