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

Broadway, NC has a median modeled monthly cash flow of $-943 and a median cap rate of 3.0%, on a median sold price of $326,950. Prices changed +0.6% year over year.

What is the average cap rate in Broadway, NC?

The median cap rate across recently sold homes in Broadway, NC is 3.0%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Broadway, NC?

The median sold price in Broadway, NC is $326,950 (about $169 per square foot).

Investing in Broadway, NC Real Estate

A data-driven snapshot of the Broadway, 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.

$326,950Median sold price

$169Median $/sqft

3.0%Median cap rate

$-943Modeled cash flow / mo

+0.6%Appreciation YoY

6.6Months of supply

34Active listings

62Sold (last 12 mo)

What the Broadway numbers say

In Broadway, NC, the median home sold for $326,950 (about $169 per square foot), and the typical deal models out to a 3.0% cap rate with a median $-943 of monthly cash flow. Sold prices moved +0.6% 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 Broadway cash-flowing listings

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