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

Crossnore, NC has a median modeled monthly cash flow of $-1,734 and a median cap rate of 2.2%, on a median sold price of $295,000. Prices changed +1.3% year over year.

What is the average cap rate in Crossnore, NC?

The median cap rate across recently sold homes in Crossnore, NC is 2.2%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Crossnore, NC?

The median sold price in Crossnore, NC is $295,000 (about $240 per square foot).

Investing in Crossnore, NC Real Estate

A data-driven snapshot of the Crossnore, 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.

$295,000Median sold price

$240Median $/sqft

2.2%Median cap rate

$-1,734Modeled cash flow / mo

+1.3%Appreciation YoY

4.7Months of supply

19Active listings

49Sold (last 12 mo)

What the Crossnore numbers say

In Crossnore, NC, the median home sold for $295,000 (about $240 per square foot), and the typical deal models out to a 2.2% cap rate with a median $-1,734 of monthly cash flow. Sold prices moved +1.3% over the past year. Inventory sits at about 4.7 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 Crossnore cash-flowing listings

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