Statesville, NC Long-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Statesville, NC. Based on 10+ datapoints.
Statesville, NC Long-Term Rental Investment Snapshot
Based on 10+ long-term rental datapoints
Median Cap Rate
3.9%
Avg Cash on Cash
-10.3%
Median Cashflow
-$648/mo
Avg Rent Estimate
$1,845/mo
Avg Price
$354,786
Price Range
$204,700 - $533,800
Rent to Price
0.52%
low ratio
Positive Cashflow
7%
of analyzed properties
Recent real estate investor listings analysed as long-term rental deals in Statesville, NC
Statesville, NC is primarily an appreciation-driven market for long-term rental investors. Cap rates average 3.9%, 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 10+ analyzed properties, the median monthly cashflow in Statesville, NC is -$648 with average rents of $1,845/month. Properties range from $204,700 to $533,800, offering entry points across multiple investment budgets.
183 Falling Creek Dr, Statesville, NC 28625
Price
$351,700
Rent
$1,891
CachFlow
-$573
CoC
-9.31
270 Lewis Ferry Rd, Statesville, NC 28677
Price
$485,800
Rent
$1,933
CachFlow
-$1,253
CoC
-14.74
648 Scotts Creek Rd, Statesville, NC 28625
Price
$351,800
Rent
$1,771
CachFlow
-$646
CoC
-10.49
104 Castle Pines Ln, Statesville, NC 28625
Price
$352,700
Rent
$1,867
CachFlow
-$666
CoC
-10.79
Statesville, NC Rental Market Insights
- •Median cashflow is -$648/month — careful deal selection is essential here
- •3.9% median cap rate is typical of appreciation-focused markets
- •At 7% positive cashflow rate, Statesville, NC requires selective property picks
- •Mid-to-upper tier market with properties from $204,700 to $533,800
- •Consider this market if your strategy favors equity growth with rental income covering holding costs