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

Morehead City, NC has a median modeled monthly cash flow of $-1,731 and a median cap rate of 1.9%, on a median sold price of $417,500. Prices changed +4.5% year over year.

What is the average cap rate in Morehead City, NC?

The median cap rate across recently sold homes in Morehead City, NC is 1.9%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Morehead City, NC?

The median sold price in Morehead City, NC is $417,500 (about $254 per square foot).

Investing in Morehead City, NC Real Estate

A data-driven snapshot of the Morehead City, 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.

$417,500Median sold price

$254Median $/sqft

1.9%Median cap rate

$-1,731Modeled cash flow / mo

+4.5%Appreciation YoY

8.9Months of supply

186Active listings

252Sold (last 12 mo)

What the Morehead City numbers say

In Morehead City, NC, the median home sold for $417,500 (about $254 per square foot), and the typical deal models out to a 1.9% cap rate with a median $-1,731 of monthly cash flow. Sold prices moved +4.5% 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 Morehead City cash-flowing listings

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