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

Franklin, NC has a median modeled monthly cash flow of $-1,152 and a median cap rate of 2.4%, on a median sold price of $277,000. Prices changed -0.5% year over year.

What is the average cap rate in Franklin, NC?

The median cap rate across recently sold homes in Franklin, NC is 2.4%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Franklin, NC?

The median sold price in Franklin, NC is $277,000 (about $218 per square foot).

Investing in Franklin, NC Real Estate

A data-driven snapshot of the Franklin, 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.

$277,000Median sold price

$218Median $/sqft

2.4%Median cap rate

$-1,152Modeled cash flow / mo

-0.5%Appreciation YoY

5.7Months of supply

283Active listings

598Sold (last 12 mo)

What the Franklin numbers say

In Franklin, NC, the median home sold for $277,000 (about $218 per square foot), and the typical deal models out to a 2.4% cap rate with a median $-1,152 of monthly cash flow. Sold prices moved -0.5% over the past year. Inventory sits at about 5.7 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 Franklin cash-flowing listings

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