Is East Flat Rock, NC a good place to invest in rental property?

East Flat Rock, NC has a median modeled monthly cash flow of $-708 and a median cap rate of 3.8%, on a median sold price of $352,500. Prices changed -13.6% year over year.

What is the average cap rate in East Flat Rock, NC?

The median cap rate across recently sold homes in East Flat Rock, NC is 3.8%, based on CashFlowRE's rent and expense modeling.

What is the median home price in East Flat Rock, NC?

The median sold price in East Flat Rock, NC is $352,500 (about $228 per square foot).

Investing in East Flat Rock, NC Real Estate

A data-driven snapshot of the East Flat Rock, 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.

$352,500Median sold price

$228Median $/sqft

3.8%Median cap rate

$-708Modeled cash flow / mo

-13.6%Appreciation YoY

9.9Months of supply

37Active listings

45Sold (last 12 mo)

What the East Flat Rock numbers say

In East Flat Rock, NC, the median home sold for $352,500 (about $228 per square foot), and the typical deal models out to a 3.8% cap rate with a median $-708 of monthly cash flow. Sold prices moved -13.6% over the past year. Inventory sits at about 9.9 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 East Flat Rock cash-flowing listings

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