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REI Lense

Waynesville, NC Short-Term Rental / Airbnb Analysis

Analyze rental property cap rates, cash-on-cash returns, and cashflow for short-term rental / airbnb investments in Waynesville, NC. Based on 30+ datapoints.

Waynesville, NC Short-Term Rental / Airbnb Investment Snapshot

Based on 30+ short-term rental / airbnb datapoints

Median Cap Rate

3.2%

Avg Cash on Cash

-13.3%

Median Cashflow

-$1,056/mo

Avg Rent Estimate

$2,563/mo

Avg Price

$435,305

Price Range

$58,000 - $749,000

Rent to Price

0.59%

low ratio

Positive Cashflow

3%

of analyzed properties

Recent real estate investor listings analysed as short-term rental / airbnb deals in Waynesville, NC

Waynesville, NC is a premium short-term rental market where property values drive long-term wealth. While cap rates are modest at 3.2%, the mid-to-upper tier property prices reflect strong underlying demand. STR investors here typically benefit from appreciation alongside rental income.

Across 30+ analyzed properties, Waynesville, NC STR investments show a median monthly cashflow of -$1,056 with an average estimated nightly-rate-adjusted revenue of $2,563/month. These figures reflect real property data, not projections.

300 Francis Asbury Rd, Waynesville, NC 28785

Price

$310,000

Rent

$2,044

CachFlow

-$824

CoC

-11.9

Full Analysis

209 Browning Rd, Waynesville, NC 28786

Price

$390,800

Rent

$2,345

CachFlow

-$1,034

CoC

-13.19

Full Analysis

1330 Maple Springs Dr, Waynesville, NC 28785

Price

$330,900

Rent

$4,010

CachFlow

$113

CoC

1.66

Full Analysis

52 Clay St, Waynesville, NC 28786

Price

$139,000

Rent

$906

CachFlow

-$373

CoC

-9.49

Full Analysis

120 Sonoma Rd, Waynesville, NC 28786

Price

$350,000

Rent

$2,053

CachFlow

-$880

CoC

-11.54

Full Analysis
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Waynesville, NC Airbnb Market Insights

  • Median cashflow is -$1,056/month — careful deal selection is essential here
  • 3.2% median cap rate is typical of appreciation-focused markets
  • At 3% positive cashflow rate, Waynesville, NC requires selective property picks
  • Mid-to-upper tier market with properties from $58,000 to $749,000
  • Consider this market if your strategy favors equity growth with rental income covering holding costs

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