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

Kannapolis, NC has a median modeled monthly cash flow of $-810 and a median cap rate of 3.5%, on a median sold price of $319,990. Prices changed -3.4% year over year.

What is the average cap rate in Kannapolis, NC?

The median cap rate across recently sold homes in Kannapolis, NC is 3.5%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Kannapolis, NC?

The median sold price in Kannapolis, NC is $319,990 (about $201 per square foot).

Investing in Kannapolis, NC Real Estate

A data-driven snapshot of the Kannapolis, 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.

$319,990Median sold price

$201Median $/sqft

3.5%Median cap rate

$-810Modeled cash flow / mo

-3.4%Appreciation YoY

6.8Months of supply

567Active listings

1,001Sold (last 12 mo)

What the Kannapolis numbers say

In Kannapolis, NC, the median home sold for $319,990 (about $201 per square foot), and the typical deal models out to a 3.5% cap rate with a median $-810 of monthly cash flow. Sold prices moved -3.4% 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 Kannapolis cash-flowing listings

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