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

Hot Springs, NC has a median modeled monthly cash flow of $-2,216 and a median cap rate of 0.9%, on a median sold price of $280,000. Prices changed +9.8% year over year.

What is the average cap rate in Hot Springs, NC?

The median cap rate across recently sold homes in Hot Springs, NC is 0.9%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Hot Springs, NC?

The median sold price in Hot Springs, NC is $280,000 (about $258 per square foot).

Investing in Hot Springs, NC Real Estate

A data-driven snapshot of the Hot Springs, 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.

$280,000Median sold price

$258Median $/sqft

0.9%Median cap rate

$-2,216Modeled cash flow / mo

+9.8%Appreciation YoY

12.6Months of supply

41Active listings

39Sold (last 12 mo)

What the Hot Springs numbers say

In Hot Springs, NC, the median home sold for $280,000 (about $258 per square foot), and the typical deal models out to a 0.9% cap rate with a median $-2,216 of monthly cash flow. Sold prices moved +9.8% over the past year. Inventory sits at about 12.6 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 Hot Springs cash-flowing listings

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