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REI Lense

Waynesville, NC Long-Term Rental Analysis

Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Waynesville, NC. Based on 20+ datapoints.

Waynesville, NC Long-Term Rental Investment Snapshot

Based on 20+ long-term rental datapoints

Median Cap Rate

4.3%

Avg Cash on Cash

-10.3%

Median Cashflow

-$706/mo

Avg Rent Estimate

$2,986/mo

Avg Price

$543,438

Price Range

$296,000 - $943,400

Rent to Price

0.55%

low ratio

Positive Cashflow

0%

of analyzed properties

Recent real estate investor listings analysed as long-term rental deals in Waynesville, NC

Waynesville, NC is primarily an appreciation-driven market for long-term rental investors. Cap rates average 4.3%, typical of premium 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 Waynesville, NC is -$706 with average rents of $2,986/month. Properties range from $296,000 to $943,400, offering entry points across multiple investment budgets.

462 Farley St, Waynesville, NC 28786

Price

$447,800

Rent

$2,748

CachFlow

-$499

CoC

-6.37

Full Analysis

121 Fortner Dr, Waynesville, NC 28786

Price

$674,000

Rent

$2,885

CachFlow

-$1,605

CoC

-13.61

Full Analysis

62 Robin Ln, Waynesville, NC 28786

Price

$329,700

Rent

$2,143

CachFlow

-$293

CoC

-5.08

Full Analysis

412 Gaddy Hts, Waynesville, NC 28786

Price

$579,000

Rent

$3,516

CachFlow

-$633

CoC

-6.25

Full Analysis

26 Tawodi Trl, Waynesville, NC 28751

Price

$725,900

Rent

$2,347

CachFlow

-$2,450

CoC

-19.29

Full Analysis
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Waynesville, NC Rental Market Insights

  • Median cashflow is -$706/month — careful deal selection is essential here
  • 4.3% median cap rate is typical of appreciation-focused markets
  • At 0% positive cashflow rate, Waynesville, NC requires selective property picks
  • Premium market with properties from $296,000 to $943,400
  • Consider this market if your strategy favors equity growth with rental income covering holding costs

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