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 20+ datapoints.
Statesville, NC Long-Term Rental Investment Snapshot
Based on 20+ long-term rental datapoints
Median Cap Rate
3.9%
Avg Cash on Cash
-10.7%
Median Cashflow
-$649/mo
Avg Rent Estimate
$1,842/mo
Avg Price
$354,840
Price Range
$204,700 - $533,800
Rent to Price
0.52%
low ratio
Positive Cashflow
4%
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 20+ analyzed properties, the median monthly cashflow in Statesville, NC is -$649 with average rents of $1,842/month. Properties range from $204,700 to $533,800, offering entry points across multiple investment budgets.
198 Windemere Isle Rd, Statesville, NC 28677
Price
$689,900
Rent
$2,016
CachFlow
-$2,636
CoC
-21.83
144 Wooten Farm Rd, Statesville, NC 28625
Price
$410,000
Rent
$1,590
CachFlow
-$1,015
CoC
-14.15
158 W Meadowview Dr, Statesville, NC 28625
Price
$369,999
Rent
$1,889
CachFlow
-$685
CoC
-10.58
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 4% 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