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

Chocowinity, NC has a median modeled monthly cash flow of $-1,308 and a median cap rate of 1.5%, on a median sold price of $222,500. Prices changed +25.5% year over year.

What is the average cap rate in Chocowinity, NC?

The median cap rate across recently sold homes in Chocowinity, NC is 1.5%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Chocowinity, NC?

The median sold price in Chocowinity, NC is $222,500 (about $174 per square foot).

Investing in Chocowinity, NC Real Estate

A data-driven snapshot of the Chocowinity, 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.

$222,500Median sold price

$174Median $/sqft

1.5%Median cap rate

$-1,308Modeled cash flow / mo

+25.5%Appreciation YoY

6.2Months of supply

29Active listings

56Sold (last 12 mo)

What the Chocowinity numbers say

In Chocowinity, NC, the median home sold for $222,500 (about $174 per square foot), and the typical deal models out to a 1.5% cap rate with a median $-1,308 of monthly cash flow. Sold prices moved +25.5% over the past year. Inventory sits at about 6.2 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 Chocowinity cash-flowing listings

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