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

Carthage, NC has a median modeled monthly cash flow of $-895 and a median cap rate of 3.3%, on a median sold price of $364,003. Prices changed +7.0% year over year.

What is the average cap rate in Carthage, NC?

The median cap rate across recently sold homes in Carthage, NC is 3.3%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Carthage, NC?

The median sold price in Carthage, NC is $364,003 (about $175 per square foot).

Investing in Carthage, NC Real Estate

A data-driven snapshot of the Carthage, 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.

$364,003Median sold price

$175Median $/sqft

3.3%Median cap rate

$-895Modeled cash flow / mo

+7.0%Appreciation YoY

7.8Months of supply

132Active listings

204Sold (last 12 mo)

What the Carthage numbers say

In Carthage, NC, the median home sold for $364,003 (about $175 per square foot), and the typical deal models out to a 3.3% cap rate with a median $-895 of monthly cash flow. Sold prices moved +7.0% over the past year. Inventory sits at about 7.8 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 Carthage cash-flowing listings

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