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
-11.2%
Median Cashflow
-$666/mo
Avg Rent Estimate
$1,829/mo
Avg Price
$351,594
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 -$666 with average rents of $1,829/month. Properties range from $204,700 to $585,000, offering entry points across multiple investment budgets.
Statesville, NC Rental Market Insights
- •Median cashflow is -$666/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