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REI Lense

Morganton, NC Long-Term Rental Analysis

Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Morganton, NC. Based on 15+ datapoints.

Morganton, NC Long-Term Rental Investment Snapshot

Based on 15+ long-term rental datapoints

Median Cap Rate

4.6%

Avg Cash on Cash

-8.7%

Median Cashflow

-$433/mo

Avg Rent Estimate

$1,915/mo

Avg Price

$355,360

Price Range

$199,000 - $529,900

Rent to Price

0.54%

low ratio

Positive Cashflow

0%

of analyzed properties

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

Morganton, NC is primarily an appreciation-driven market for long-term rental investors. Cap rates average 4.6%, 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 15+ analyzed properties, the median monthly cashflow in Morganton, NC is -$433 with average rents of $1,915/month. Properties range from $199,000 to $529,900, offering entry points across multiple investment budgets.

3840 Bradley Rd, Morganton, NC 28655

Price

$497,800

Rent

$2,887

CachFlow

-$601

CoC

-6.9

Full Analysis

232 Westwood Dr, Morganton, NC 28655

Price

$529,900

Rent

$2,034

CachFlow

-$1,568

CoC

-16.91

Full Analysis

5149 Deer Meadow Ln, Morganton, NC 28655

Price

$742,300

Rent

$3,661

CachFlow

-$1,362

CoC

-10.48

Full Analysis

3445 Irish Hills Rd, Morganton, NC 28655

Price

$466,500

Rent

$2,377

CachFlow

-$902

CoC

-11.05

Full Analysis

2119 South Rd, Morganton, NC 28655

Price

$314,100

Rent

$2,087

CachFlow

-$181

CoC

-3.29

Full Analysis
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Morganton, NC Rental Market Insights

  • Median cashflow is -$433/month — careful deal selection is essential here
  • 4.6% median cap rate is typical of appreciation-focused markets
  • At 0% positive cashflow rate, Morganton, NC requires selective property picks
  • Mid-to-upper tier market with properties from $199,000 to $529,900
  • Consider this market if your strategy favors equity growth with rental income covering holding costs

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