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

Cooleemee, NC has a median modeled monthly cash flow of $-533 and a median cap rate of 3.7%, on a median sold price of $250,000. Prices changed +9.6% year over year.

What is the average cap rate in Cooleemee, NC?

The median cap rate across recently sold homes in Cooleemee, NC is 3.7%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Cooleemee, NC?

The median sold price in Cooleemee, NC is $250,000 (about $170 per square foot).

Investing in Cooleemee, NC Real Estate

A data-driven snapshot of the Cooleemee, 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.

$250,000Median sold price

$170Median $/sqft

3.7%Median cap rate

$-533Modeled cash flow / mo

+9.6%Appreciation YoY

6.5Months of supply

30Active listings

55Sold (last 12 mo)

What the Cooleemee numbers say

In Cooleemee, NC, the median home sold for $250,000 (about $170 per square foot), and the typical deal models out to a 3.7% cap rate with a median $-533 of monthly cash flow. Sold prices moved +9.6% over the past year. Inventory sits at about 6.5 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 Cooleemee cash-flowing listings

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