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 10+ datapoints.
Waynesville, NC Long-Term Rental Investment Snapshot
Based on 10+ long-term rental datapoints
Median Cap Rate
3.8%
Avg Cash on Cash
-11%
Median Cashflow
-$864/mo
Avg Rent Estimate
$2,892/mo
Avg Price
$618,208
Price Range
$310,200 - $1,350,000
Rent to Price
0.47%
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 3.8%, 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 10+ analyzed properties, the median monthly cashflow in Waynesville, NC is -$864 with average rents of $2,892/month. Properties range from $310,200 to $1,350,000, offering entry points across multiple investment budgets.
330 Sleepy Hollow Dr, Waynesville, NC 28785
Price
$389,000
Rent
$1,944
CachFlow
-$778
CoC
-11.43
554 Breckenridge Rd, Waynesville, NC 28785
Price
$1,350,000
Rent
$4,698
CachFlow
-$4,286
CoC
-18.14
Waynesville, NC Rental Market Insights
- •Median cashflow is -$864/month — careful deal selection is essential here
- •3.8% 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 $310,200 to $1,350,000
- •Consider this market if your strategy favors equity growth with rental income covering holding costs