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

Elizabethtown, NC has a median modeled monthly cash flow of $-515 and a median cap rate of 3.5%, on a median sold price of $230,000. Prices changed +14.3% year over year.

What is the average cap rate in Elizabethtown, NC?

The median cap rate across recently sold homes in Elizabethtown, NC is 3.5%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Elizabethtown, NC?

The median sold price in Elizabethtown, NC is $230,000 (about $136 per square foot).

Investing in Elizabethtown, NC Real Estate

A data-driven snapshot of the Elizabethtown, 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.

$230,000Median sold price

$136Median $/sqft

3.5%Median cap rate

$-515Modeled cash flow / mo

+14.3%Appreciation YoY

14.2Months of supply

46Active listings

39Sold (last 12 mo)

What the Elizabethtown numbers say

In Elizabethtown, NC, the median home sold for $230,000 (about $136 per square foot), and the typical deal models out to a 3.5% cap rate with a median $-515 of monthly cash flow. Sold prices moved +14.3% over the past year. Inventory sits at about 14.2 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 Elizabethtown cash-flowing listings

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