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

Alexander, NC has a median modeled monthly cash flow of $-1,741 and a median cap rate of 2.1%, on a median sold price of $455,000. Prices changed -6.0% year over year.

What is the average cap rate in Alexander, NC?

The median cap rate across recently sold homes in Alexander, NC is 2.1%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Alexander, NC?

The median sold price in Alexander, NC is $455,000 (about $267 per square foot).

Investing in Alexander, NC Real Estate

A data-driven snapshot of the Alexander, 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.

$455,000Median sold price

$267Median $/sqft

2.1%Median cap rate

$-1,741Modeled cash flow / mo

-6.0%Appreciation YoY

6.6Months of supply

42Active listings

76Sold (last 12 mo)

What the Alexander numbers say

In Alexander, NC, the median home sold for $455,000 (about $267 per square foot), and the typical deal models out to a 2.1% cap rate with a median $-1,741 of monthly cash flow. Sold prices moved -6.0% over the past year. Inventory sits at about 6.6 months of supply. 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 Alexander cash-flowing listings

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