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

Manteo, NC has a median modeled monthly cash flow of $-2,906 and a median cap rate of -0.2%, on a median sold price of $475,000. Prices changed -2.4% year over year.

What is the average cap rate in Manteo, NC?

The median cap rate across recently sold homes in Manteo, NC is -0.2%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Manteo, NC?

The median sold price in Manteo, NC is $475,000 (about $349 per square foot).

Investing in Manteo, NC Real Estate

A data-driven snapshot of the Manteo, 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.

$475,000Median sold price

$349Median $/sqft

-0.2%Median cap rate

$-2,906Modeled cash flow / mo

-2.4%Appreciation YoY

5.5Months of supply

63Active listings

137Sold (last 12 mo)

What the Manteo numbers say

In Manteo, NC, the median home sold for $475,000 (about $349 per square foot), and the typical deal models out to a -0.2% cap rate with a median $-2,906 of monthly cash flow. Sold prices moved -2.4% over the past year. Inventory sits at about 5.5 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 Manteo cash-flowing listings

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