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

Morganton, NC has a median modeled monthly cash flow of $-623 and a median cap rate of 3.8%, on a median sold price of $259,900. Prices changed +5.7% year over year.

What is the average cap rate in Morganton, NC?

The median cap rate across recently sold homes in Morganton, NC is 3.8%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Morganton, NC?

The median sold price in Morganton, NC is $259,900 (about $185 per square foot).

Investing in Morganton, NC Real Estate

A data-driven snapshot of the Morganton, 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.

$259,900Median sold price

$185Median $/sqft

3.8%Median cap rate

$-623Modeled cash flow / mo

+5.7%Appreciation YoY

12.9Months of supply

523Active listings

487Sold (last 12 mo)

What the Morganton numbers say

In Morganton, NC, the median home sold for $259,900 (about $185 per square foot), and the typical deal models out to a 3.8% cap rate with a median $-623 of monthly cash flow. Sold prices moved +5.7% over the past year. Inventory sits at about 12.9 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 Morganton cash-flowing listings

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