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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 15+ datapoints.

Waynesville, NC Long-Term Rental Investment Snapshot

Based on 15+ long-term rental datapoints

Median Cap Rate

4.1%

Avg Cash on Cash

-10.1%

Median Cashflow

-$778/mo

Avg Rent Estimate

$2,960/mo

Avg Price

$601,638

Price Range

$296,000 - $1,350,000

Rent to Price

0.49%

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 4.1%, 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 15+ analyzed properties, the median monthly cashflow in Waynesville, NC is -$778 with average rents of $2,960/month. Properties range from $296,000 to $1,350,000, offering entry points across multiple investment budgets.

570 Rugged Top Rd, Waynesville, NC 28785

Price

$802,500

Rent

$4,697

CachFlow

-$1,065

CoC

-7.58

Full Analysis

85 Garnet Spring Ln, Waynesville, NC 28785

Price

$673,400

Rent

$3,327

CachFlow

-$1,404

CoC

-11.91

Full Analysis

372 Shady Ridge Rd, Waynesville, NC 28785

Price

$435,800

Rent

$2,776

CachFlow

-$455

CoC

-5.97

Full Analysis

31 Edwards St, Waynesville, NC 28786

Price

$296,000

Rent

$1,862

CachFlow

-$257

CoC

-4.96

Full Analysis

406 Inverness Dr, Waynesville, NC 28785

Price

$887,600

Rent

$4,285

CachFlow

-$2,015

CoC

-12.97

Full Analysis
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Waynesville, NC Rental Market Insights

  • Median cashflow is -$778/month — careful deal selection is essential here
  • 4.1% 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 $1,350,000
  • Consider this market if your strategy favors equity growth with rental income covering holding costs

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