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 $-917 and a median cap rate of 3.5%, on a median sold price of $374,750. Prices changed -6.1% 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 3.5%, 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 $374,750 (about $230 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.

$374,750Median sold price

$230Median $/sqft

3.5%Median cap rate

$-917Modeled cash flow / mo

-6.1%Appreciation YoY

6.5Months of supply

37Active listings

68Sold (last 12 mo)

What the East Flat Rock numbers say

In East Flat Rock, NC, the median home sold for $374,750 (about $230 per square foot), and the typical deal models out to a 3.5% cap rate with a median $-917 of monthly cash flow. Sold prices moved -6.1% 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 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.