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

Iron Station, NC has a median modeled monthly cash flow of $-1,257 and a median cap rate of 3.0%, on a median sold price of $335,000. Prices changed -1.0% year over year.

What is the average cap rate in Iron Station, NC?

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

What is the median home price in Iron Station, NC?

The median sold price in Iron Station, NC is $335,000 (about $207 per square foot).

Investing in Iron Station, NC Real Estate

A data-driven snapshot of the Iron Station, 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.

$335,000Median sold price

$207Median $/sqft

3.0%Median cap rate

$-1,257Modeled cash flow / mo

-1.0%Appreciation YoY

6.8Months of supply

53Active listings

93Sold (last 12 mo)

What the Iron Station numbers say

In Iron Station, NC, the median home sold for $335,000 (about $207 per square foot), and the typical deal models out to a 3.0% cap rate with a median $-1,257 of monthly cash flow. Sold prices moved -1.0% over the past year. Inventory sits at about 6.8 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 Iron Station cash-flowing listings

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