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

Boonville, NC has a median modeled monthly cash flow of $-1,057 and a median cap rate of 2.3%, on a median sold price of $260,000. Prices changed -0.3% year over year.

What is the average cap rate in Boonville, NC?

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

What is the median home price in Boonville, NC?

The median sold price in Boonville, NC is $260,000 (about $165 per square foot).

Investing in Boonville, NC Real Estate

A data-driven snapshot of the Boonville, 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.

$260,000Median sold price

$165Median $/sqft

2.3%Median cap rate

$-1,057Modeled cash flow / mo

-0.3%Appreciation YoY

6.7Months of supply

24Active listings

43Sold (last 12 mo)

What the Boonville numbers say

In Boonville, NC, the median home sold for $260,000 (about $165 per square foot), and the typical deal models out to a 2.3% cap rate with a median $-1,057 of monthly cash flow. Sold prices moved -0.3% over the past year. Inventory sits at about 6.7 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 Boonville cash-flowing listings

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