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

Murphy, NC has a median modeled monthly cash flow of $-1,107 and a median cap rate of 2.5%, on a median sold price of $275,000. Prices changed +0.2% year over year.

What is the average cap rate in Murphy, NC?

The median cap rate across recently sold homes in Murphy, NC is 2.5%, 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 $275,000 (about $244 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.

$275,000Median sold price

$244Median $/sqft

2.5%Median cap rate

$-1,107Modeled cash flow / mo

+0.2%Appreciation YoY

6.8Months of supply

467Active listings

828Sold (last 12 mo)

What the Murphy numbers say

In Murphy, NC, the median home sold for $275,000 (about $244 per square foot), and the typical deal models out to a 2.5% cap rate with a median $-1,107 of monthly cash flow. Sold prices moved +0.2% over the past year. Inventory sits at about 6.8 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 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.