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

Hendersonville, NC has a median modeled monthly cash flow of $-1,225 and a median cap rate of 3.0%, on a median sold price of $399,000. Prices changed -6.1% year over year.

What is the average cap rate in Hendersonville, NC?

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

What is the median home price in Hendersonville, NC?

The median sold price in Hendersonville, NC is $399,000 (about $230 per square foot).

Investing in Hendersonville, NC Real Estate

A data-driven snapshot of the Hendersonville, 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.

$399,000Median sold price

$230Median $/sqft

3.0%Median cap rate

$-1,225Modeled cash flow / mo

-6.1%Appreciation YoY

8.6Months of supply

637Active listings

887Sold (last 12 mo)

What the Hendersonville numbers say

In Hendersonville, NC, the median home sold for $399,000 (about $230 per square foot), and the typical deal models out to a 3.0% cap rate with a median $-1,225 of monthly cash flow. Sold prices moved -6.1% over the past year. Inventory sits at about 8.6 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 Hendersonville cash-flowing listings

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