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Monroe, NC Long-Term Rental Analysis

Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Monroe, NC. Based on 30+ datapoints.

Monroe, NC Long-Term Rental Investment Snapshot

Based on 30+ long-term rental datapoints

Median Cap Rate

3.6%

Avg Cash on Cash

-12%

Median Cashflow

-$887/mo

Avg Rent Estimate

$2,060/mo

Avg Price

$432,668

Price Range

$299,900 - $693,800

Rent to Price

0.48%

low ratio

Positive Cashflow

0%

of analyzed properties

Recent real estate investor listings analysed as long-term rental deals in Monroe, NC

Monroe, 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 30+ analyzed properties, the median monthly cashflow in Monroe, NC is -$887 with average rents of $2,060/month. Properties range from $299,900 to $693,800, offering entry points across multiple investment budgets.

1514 Clarence Secrest Rd, Monroe, NC 28110

Price

$575,000

Rent

$2,177

CachFlow

-$1,577

CoC

-15.67

Full Analysis

7302 Tesh Rd, Monroe, NC 28110

Price

$1,305,800

Rent

$3,408

CachFlow

-$4,816

CoC

-21.08

Full Analysis

3204 E Lawyers Rd, Monroe, NC 28110

Price

$693,800

Rent

$2,894

CachFlow

-$1,853

CoC

-15.26

Full Analysis

2801 Sweetgrass Ln, Monroe, NC 28112

Price

$489,800

Rent

$2,180

CachFlow

-$1,212

CoC

-14.14

Full Analysis

5400 Berrywood Ln, Monroe, NC 28110

Price

$568,200

Rent

$3,148

CachFlow

-$922

CoC

-9.27

Full Analysis
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Monroe, NC Rental Market Insights

  • Median cashflow is -$887/month — careful deal selection is essential here
  • 3.6% median cap rate is typical of appreciation-focused markets
  • At 0% positive cashflow rate, Monroe, NC requires selective property picks
  • Mid-to-upper tier market with properties from $299,900 to $693,800
  • Consider this market if your strategy favors equity growth with rental income covering holding costs

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