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 30+ datapoints.
Statesville, NC Long-Term Rental Investment Snapshot
Based on 30+ long-term rental datapoints
Median Cap Rate
3.9%
Avg Cash on Cash
-10.7%
Median Cashflow
-$649/mo
Avg Rent Estimate
$1,835/mo
Avg Price
$355,434
Price Range
$204,700 - $585,000
Rent to Price
0.52%
low ratio
Positive Cashflow
3%
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 30+ analyzed properties, the median monthly cashflow in Statesville, NC is -$649 with average rents of $1,835/month. Properties range from $204,700 to $585,000, offering entry points across multiple investment budgets.
111 Houpe Ridge Ln, Statesville, NC 28625
Price
$585,000
Rent
$2,276
CachFlow
-$1,440
CoC
-14.07
1005 Forest Park Dr, Statesville, NC 28677
Price
$272,500
Rent
$1,515
CachFlow
-$498
CoC
-10.44
198 Windemere Isle Rd, Statesville, NC 28677
Price
$689,900
Rent
$2,016
CachFlow
-$2,636
CoC
-21.83
Statesville, NC Rental Market Insights
- •Median cashflow is -$649/month — careful deal selection is essential here
- •3.9% median cap rate is typical of appreciation-focused markets
- •At 3% positive cashflow rate, Statesville, NC requires selective property picks
- •Mid-to-upper tier market with properties from $204,700 to $585,000
- •Consider this market if your strategy favors equity growth with rental income covering holding costs