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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

4.4%

Avg Cash on Cash

-8.8%

Median Cashflow

-$507/mo

Avg Rent Estimate

$2,353/mo

Avg Price

$414,161

Price Range

$229,900 - $742,300

Rent to Price

0.57%

low ratio

Positive Cashflow

6%

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 4.4%, 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 -$507 with average rents of $2,353/month. Properties range from $229,900 to $742,300, offering entry points across multiple investment budgets.

1308 Salem Rd, Morganton, NC 28655

Price

$330,000

Rent

$2,127

CachFlow

-$348

CoC

-6.03

Full Analysis

1312 Salem Rd, Morganton, NC 28655

Price

$345,000

Rent

$2,652

CachFlow

-$36

CoC

-0.6

Full Analysis

2124 Starlight Ln, Morganton, NC 28655

Price

$1,010,200

Rent

$3,654

CachFlow

-$3,275

CoC

-18.53

Full Analysis

104 Hawthorne Ln, Morganton, NC 28655

Price

$318,100

Rent

$2,164

CachFlow

-$200

CoC

-3.59

Full Analysis

714 Hopewell Rd, Morganton, NC 28655

Price

$246,300

Rent

$2,005

CachFlow

$63

CoC

1.46

Full Analysis
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Morganton, NC Rental Market Insights

  • Median cashflow is -$507/month — careful deal selection is essential here
  • 4.4% median cap rate is typical of appreciation-focused markets
  • At 6% positive cashflow rate, Morganton, NC requires selective property picks
  • Mid-to-upper tier market with properties from $229,900 to $742,300
  • Consider this market if your strategy favors equity growth with rental income covering holding costs

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