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

Hendersonville, NC has a median modeled monthly cash flow of $-901 and a median cap rate of 3.5%, on a median sold price of $375,000. Prices changed -6.3% year over year.

What is the average cap rate in Hendersonville, NC?

The median cap rate across recently sold homes in Hendersonville, NC is 3.5%, 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 $375,000 (about $222 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.

$375,000Median sold price

$222Median $/sqft

3.5%Median cap rate

$-901Modeled cash flow / mo

-6.3%Appreciation YoY

6.9Months of supply

266Active listings

461Sold (last 12 mo)

What the Hendersonville numbers say

In Hendersonville, NC, the median home sold for $375,000 (about $222 per square foot), and the typical deal models out to a 3.5% cap rate with a median $-901 of monthly cash flow. Sold prices moved -6.3% over the past year. Inventory sits at about 6.9 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 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.