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 20+ datapoints.
Monroe, NC Long-Term Rental Investment Snapshot
Based on 20+ long-term rental datapoints
Median Cap Rate
3.7%
Avg Cash on Cash
-11.6%
Median Cashflow
-$846/mo
Avg Rent Estimate
$2,028/mo
Avg Price
$420,804
Price Range
$300,000 - $610,000
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 3.7%, 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 Monroe, NC is -$846 with average rents of $2,028/month. Properties range from $300,000 to $610,000, offering entry points across multiple investment budgets.
817 Alexander Commons Dr, Monroe, NC 28112
Price
$373,000
Rent
$2,127
CachFlow
-$713
CoC
-10.92
3426 Rilla Hamilton Rd, Monroe, NC 28110
Price
$527,600
Rent
$2,137
CachFlow
-$1,412
CoC
-15.29
Monroe, NC Rental Market Insights
- •Median cashflow is -$846/month — careful deal selection is essential here
- •3.7% 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 $300,000 to $610,000
- •Consider this market if your strategy favors equity growth with rental income covering holding costs