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

Leicester, NC has a median modeled monthly cash flow of $-2,021 and a median cap rate of 1.8%, on a median sold price of $440,000. Prices changed +0.8% year over year.

What is the average cap rate in Leicester, NC?

The median cap rate across recently sold homes in Leicester, NC is 1.8%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Leicester, NC?

The median sold price in Leicester, NC is $440,000 (about $253 per square foot).

Investing in Leicester, NC Real Estate

A data-driven snapshot of the Leicester, 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.

$440,000Median sold price

$253Median $/sqft

1.8%Median cap rate

$-2,021Modeled cash flow / mo

+0.8%Appreciation YoY

8.9Months of supply

118Active listings

159Sold (last 12 mo)

What the Leicester numbers say

In Leicester, NC, the median home sold for $440,000 (about $253 per square foot), and the typical deal models out to a 1.8% cap rate with a median $-2,021 of monthly cash flow. Sold prices moved +0.8% over the past year. Inventory sits at about 8.9 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 Leicester cash-flowing listings

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