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

Murphy, NC has a median modeled monthly cash flow of $-985 and a median cap rate of 2.9%, on a median sold price of $270,000. Prices changed -2.8% year over year.

What is the average cap rate in Murphy, NC?

The median cap rate across recently sold homes in Murphy, NC is 2.9%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Murphy, NC?

The median sold price in Murphy, NC is $270,000 (about $239 per square foot).

Investing in Murphy, NC Real Estate

A data-driven snapshot of the Murphy, 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.

$270,000Median sold price

$239Median $/sqft

2.9%Median cap rate

$-985Modeled cash flow / mo

-2.8%Appreciation YoY

11.5Months of supply

632Active listings

662Sold (last 12 mo)

What the Murphy numbers say

In Murphy, NC, the median home sold for $270,000 (about $239 per square foot), and the typical deal models out to a 2.9% cap rate with a median $-985 of monthly cash flow. Sold prices moved -2.8% over the past year. Inventory sits at about 11.5 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 Murphy cash-flowing listings

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