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

Hot Springs, NC has a median modeled monthly cash flow of $-2,286 and a median cap rate of 0.7%, on a median sold price of $320,000. Prices changed +11.6% 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 0.7%, 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 $320,000 (about $259 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.

$320,000Median sold price

$259Median $/sqft

0.7%Median cap rate

$-2,286Modeled cash flow / mo

+11.6%Appreciation YoY

14.2Months of supply

45Active listings

38Sold (last 12 mo)

What the Hot Springs numbers say

In Hot Springs, NC, the median home sold for $320,000 (about $259 per square foot), and the typical deal models out to a 0.7% cap rate with a median $-2,286 of monthly cash flow. Sold prices moved +11.6% over the past year. Inventory sits at about 14.2 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.