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

East Spencer, NC has a median modeled monthly cash flow of $-559 and a median cap rate of 3.6%, on a median sold price of $231,000. Prices changed +0.0% year over year.

What is the average cap rate in East Spencer, NC?

The median cap rate across recently sold homes in East Spencer, NC is 3.6%, based on CashFlowRE's rent and expense modeling.

What is the median home price in East Spencer, NC?

The median sold price in East Spencer, NC is $231,000 (about $184 per square foot).

Investing in East Spencer, NC Real Estate

A data-driven snapshot of the East Spencer, 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.

$231,000Median sold price

$184Median $/sqft

3.6%Median cap rate

$-559Modeled cash flow / mo

+0.0%Appreciation YoY

10.4Months of supply

47Active listings

54Sold (last 12 mo)

What the East Spencer numbers say

In East Spencer, NC, the median home sold for $231,000 (about $184 per square foot), and the typical deal models out to a 3.6% cap rate with a median $-559 of monthly cash flow. Sold prices moved +0.0% over the past year. Inventory sits at about 10.4 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 Spencer cash-flowing listings

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