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

Connelly Springs, NC has a median modeled monthly cash flow of $-869 and a median cap rate of 2.6%, on a median sold price of $241,000. Prices changed +5.4% year over year.

What is the average cap rate in Connelly Springs, NC?

The median cap rate across recently sold homes in Connelly Springs, NC is 2.6%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Connelly Springs, NC?

The median sold price in Connelly Springs, NC is $241,000 (about $186 per square foot).

Investing in Connelly Springs, NC Real Estate

A data-driven snapshot of the Connelly Springs, 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.

$241,000Median sold price

$186Median $/sqft

2.6%Median cap rate

$-869Modeled cash flow / mo

+5.4%Appreciation YoY

9.5Months of supply

84Active listings

106Sold (last 12 mo)

What the Connelly Springs numbers say

In Connelly Springs, NC, the median home sold for $241,000 (about $186 per square foot), and the typical deal models out to a 2.6% cap rate with a median $-869 of monthly cash flow. Sold prices moved +5.4% over the past year. Inventory sits at about 9.5 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 Connelly Springs cash-flowing listings

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