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

Forest City, NC has a median modeled monthly cash flow of $-684 and a median cap rate of 3.0%, on a median sold price of $220,000. Prices changed +1.6% year over year.

What is the average cap rate in Forest City, NC?

The median cap rate across recently sold homes in Forest City, NC is 3.0%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Forest City, NC?

The median sold price in Forest City, NC is $220,000 (about $159 per square foot).

Investing in Forest City, NC Real Estate

A data-driven snapshot of the Forest City, 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.

$220,000Median sold price

$159Median $/sqft

3.0%Median cap rate

$-684Modeled cash flow / mo

+1.6%Appreciation YoY

9.6Months of supply

151Active listings

189Sold (last 12 mo)

What the Forest City numbers say

In Forest City, NC, the median home sold for $220,000 (about $159 per square foot), and the typical deal models out to a 3.0% cap rate with a median $-684 of monthly cash flow. Sold prices moved +1.6% over the past year. Inventory sits at about 9.6 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 Forest City cash-flowing listings

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