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

Franklin, NC has a median modeled monthly cash flow of $-1,288 and a median cap rate of 2.4%, on a median sold price of $268,000. Prices changed +2.3% 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 $268,000 (about $221 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.

$268,000Median sold price

$221Median $/sqft

2.4%Median cap rate

$-1,288Modeled cash flow / mo

+2.3%Appreciation YoY

3.1Months of supply

168Active listings

651Sold (last 12 mo)

What the Franklin numbers say

In Franklin, NC, the median home sold for $268,000 (about $221 per square foot), and the typical deal models out to a 2.4% cap rate with a median $-1,288 of monthly cash flow. Sold prices moved +2.3% over the past year. Inventory sits at about 3.1 months of supply — a tight, seller-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 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.