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

Merritt, NC has a median modeled monthly cash flow of $-2,329 and a median cap rate of 0.1%, on a median sold price of $340,000. Prices changed +35.8% year over year.

What is the average cap rate in Merritt, NC?

The median cap rate across recently sold homes in Merritt, NC is 0.1%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Merritt, NC?

The median sold price in Merritt, NC is $340,000 (about $252 per square foot).

Investing in Merritt, NC Real Estate

A data-driven snapshot of the Merritt, 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.

$340,000Median sold price

$252Median $/sqft

0.1%Median cap rate

$-2,329Modeled cash flow / mo

+35.8%Appreciation YoY

9.1Months of supply

31Active listings

41Sold (last 12 mo)

What the Merritt numbers say

In Merritt, NC, the median home sold for $340,000 (about $252 per square foot), and the typical deal models out to a 0.1% cap rate with a median $-2,329 of monthly cash flow. Sold prices moved +35.8% over the past year. Inventory sits at about 9.1 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 Merritt cash-flowing listings

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