Is Advance, NC a good place to invest in rental property?

Advance, NC has a median modeled monthly cash flow of $-1,517 and a median cap rate of 2.5%, on a median sold price of $440,000. Prices changed +2.8% year over year.

What is the average cap rate in Advance, NC?

The median cap rate across recently sold homes in Advance, NC is 2.5%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Advance, NC?

The median sold price in Advance, NC is $440,000 (about $186 per square foot).

Investing in Advance, NC Real Estate

A data-driven snapshot of the Advance, NC rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$440,000Median sold price

$186Median $/sqft

2.5%Median cap rate

$-1,517Modeled cash flow / mo

+2.8%Appreciation YoY

7.7Months of supply

139Active listings

216Sold (last 12 mo)

What the Advance numbers say

In Advance, NC, the median home sold for $440,000 (about $186 per square foot), and the typical deal models out to a 2.5% cap rate with a median $-1,517 of monthly cash flow. Sold prices moved +2.8% over the past year. Inventory sits at about 7.7 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

🔨 See 6 fix-and-flip deals in Advance — listings where the estimated after-repair value beats list price + rehab.

Other North Carolina markets to compare

See Advance cash-flowing listings

CashFlowRE ranks every for-sale home in Advance, NC by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Advance deals, or browse the national market data.