Is Lake Norman of Iredell, NC a good place to invest in rental property?

Lake Norman of Iredell, NC has a median modeled monthly cash flow of $-6,860 and a median cap rate of 0.6%, on a median sold price of $1,200,000. Prices changed +5.3% year over year.

What is the average cap rate in Lake Norman of Iredell, NC?

The median cap rate across recently sold homes in Lake Norman of Iredell, NC is 0.6%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Lake Norman of Iredell, NC?

The median sold price in Lake Norman of Iredell, NC is $1,200,000 (about $356 per square foot).

Investing in Lake Norman of Iredell, NC Real Estate

A data-driven snapshot of the Lake Norman of Iredell, 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.

$1,200,000Median sold price

$356Median $/sqft

0.6%Median cap rate

$-6,860Modeled cash flow / mo

+5.3%Appreciation YoY

7.9Months of supply

172Active listings

261Sold (last 12 mo)

What the Lake Norman of Iredell numbers say

In Lake Norman of Iredell, NC, the median home sold for $1,200,000 (about $356 per square foot), and the typical deal models out to a 0.6% cap rate with a median $-6,860 of monthly cash flow. Sold prices moved +5.3% over the past year. Inventory sits at about 7.9 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 Lake Norman of Iredell cash-flowing listings

CashFlowRE ranks every for-sale home in Lake Norman of Iredell, 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 Lake Norman of Iredell deals, or browse the national market data.