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

Asheboro, NC has a median modeled monthly cash flow of $-814 and a median cap rate of 2.9%, on a median sold price of $259,950. Prices changed +1.7% year over year.

What is the average cap rate in Asheboro, NC?

The median cap rate across recently sold homes in Asheboro, NC is 2.9%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Asheboro, NC?

The median sold price in Asheboro, NC is $259,950 (about $176 per square foot).

Investing in Asheboro, NC Real Estate

A data-driven snapshot of the Asheboro, 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.

$259,950Median sold price

$176Median $/sqft

2.9%Median cap rate

$-814Modeled cash flow / mo

+1.7%Appreciation YoY

5.9Months of supply

254Active listings

520Sold (last 12 mo)

What the Asheboro numbers say

In Asheboro, NC, the median home sold for $259,950 (about $176 per square foot), and the typical deal models out to a 2.9% cap rate with a median $-814 of monthly cash flow. Sold prices moved +1.7% over the past year. Inventory sits at about 5.9 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 Asheboro cash-flowing listings

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