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

Mars Hill, NC has a median modeled monthly cash flow of $-1,521 and a median cap rate of 2.3%, on a median sold price of $375,000. Prices changed -2.3% year over year.

What is the average cap rate in Mars Hill, NC?

The median cap rate across recently sold homes in Mars Hill, NC is 2.3%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Mars Hill, NC?

The median sold price in Mars Hill, NC is $375,000 (about $253 per square foot).

Investing in Mars Hill, NC Real Estate

A data-driven snapshot of the Mars Hill, 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.

$375,000Median sold price

$253Median $/sqft

2.3%Median cap rate

$-1,521Modeled cash flow / mo

-2.3%Appreciation YoY

8.6Months of supply

140Active listings

195Sold (last 12 mo)

What the Mars Hill numbers say

In Mars Hill, NC, the median home sold for $375,000 (about $253 per square foot), and the typical deal models out to a 2.3% cap rate with a median $-1,521 of monthly cash flow. Sold prices moved -2.3% over the past year. Inventory sits at about 8.6 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 Mars Hill cash-flowing listings

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