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

Black Mountain, NC has a median modeled monthly cash flow of $-2,120 and a median cap rate of 2.3%, on a median sold price of $450,000. Prices changed -8.5% year over year.

What is the average cap rate in Black Mountain, NC?

The median cap rate across recently sold homes in Black Mountain, NC is 2.3%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Black Mountain, NC?

The median sold price in Black Mountain, NC is $450,000 (about $308 per square foot).

Investing in Black Mountain, NC Real Estate

A data-driven snapshot of the Black Mountain, 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.

$450,000Median sold price

$308Median $/sqft

2.3%Median cap rate

$-2,120Modeled cash flow / mo

-8.5%Appreciation YoY

10.8Months of supply

202Active listings

225Sold (last 12 mo)

What the Black Mountain numbers say

In Black Mountain, NC, the median home sold for $450,000 (about $308 per square foot), and the typical deal models out to a 2.3% cap rate with a median $-2,120 of monthly cash flow. Sold prices moved -8.5% over the past year. Inventory sits at about 10.8 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 Black Mountain cash-flowing listings

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