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

Albemarle, NC has a median modeled monthly cash flow of $-796 and a median cap rate of 3.3%, on a median sold price of $263,000. Prices changed -3.4% year over year.

What is the average cap rate in Albemarle, NC?

The median cap rate across recently sold homes in Albemarle, NC is 3.3%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Albemarle, NC?

The median sold price in Albemarle, NC is $263,000 (about $168 per square foot).

Investing in Albemarle, NC Real Estate

A data-driven snapshot of the Albemarle, 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.

$263,000Median sold price

$168Median $/sqft

3.3%Median cap rate

$-796Modeled cash flow / mo

-3.4%Appreciation YoY

9.4Months of supply

281Active listings

360Sold (last 12 mo)

What the Albemarle numbers say

In Albemarle, NC, the median home sold for $263,000 (about $168 per square foot), and the typical deal models out to a 3.3% cap rate with a median $-796 of monthly cash flow. Sold prices moved -3.4% over the past year. Inventory sits at about 9.4 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.

Other North Carolina markets to compare

See Albemarle cash-flowing listings

CashFlowRE ranks every for-sale home in Albemarle, 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 Albemarle deals, or browse the national market data.