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

Millers Creek, NC has a median modeled monthly cash flow of $-1,464 and a median cap rate of 1.8%, on a median sold price of $204,900. Prices changed -5.4% year over year.

What is the average cap rate in Millers Creek, NC?

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

What is the median home price in Millers Creek, NC?

The median sold price in Millers Creek, NC is $204,900 (about $184 per square foot).

Investing in Millers Creek, NC Real Estate

A data-driven snapshot of the Millers Creek, 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.

$204,900Median sold price

$184Median $/sqft

1.8%Median cap rate

$-1,464Modeled cash flow / mo

-5.4%Appreciation YoY

4.8Months of supply

38Active listings

95Sold (last 12 mo)

What the Millers Creek numbers say

In Millers Creek, NC, the median home sold for $204,900 (about $184 per square foot), and the typical deal models out to a 1.8% cap rate with a median $-1,464 of monthly cash flow. Sold prices moved -5.4% over the past year. Inventory sits at about 4.8 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 Millers Creek cash-flowing listings

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