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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%

Avg Cash on Cash

-11.1%

Median Cashflow

-$968/mo

Avg Rent Estimate

$2,907/mo

Avg Price

$540,412

Price Range

$296,000 - $887,600

Rent to Price

0.54%

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%, 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 -$968 with average rents of $2,907/month. Properties range from $296,000 to $887,600, offering entry points across multiple investment budgets.

2906 Jonathan Creek Rd, Waynesville, NC 28785

Price

$611,900

Rent

$2,126

CachFlow

-$1,860

CoC

-17.37

Full Analysis

84 Cora View Trl, Waynesville, NC 28785

Price

$389,665

Rent

$2,505

CachFlow

-$506

CoC

-7.42

Full Analysis

126 Ridgehaven Dr, Waynesville, NC 28786

Price

$433,990

Rent

$2,725

CachFlow

-$417

CoC

-5.49

Full Analysis

646 Trials Gap Dr, Waynesville, NC 28786

Price

$577,100

Rent

$2,820

CachFlow

-$1,238

CoC

-12.26

Full Analysis

142 Marquis Ln, Waynesville, NC 28785

Price

$568,900

Rent

$1,950

CachFlow

-$1,750

CoC

-17.58

Full Analysis
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Waynesville, NC Rental Market Insights

  • Median cashflow is -$968/month — careful deal selection is essential here
  • 4% 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 $887,600
  • Consider this market if your strategy favors equity growth with rental income covering holding costs

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