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

Nags Head, NC has a median modeled monthly cash flow of $-4,018 and a median cap rate of -0.3%, on a median sold price of $695,000. Prices changed -2.2% year over year.

What is the average cap rate in Nags Head, NC?

The median cap rate across recently sold homes in Nags Head, NC is -0.3%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Nags Head, NC?

The median sold price in Nags Head, NC is $695,000 (about $404 per square foot).

Investing in Nags Head, NC Real Estate

A data-driven snapshot of the Nags Head, 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.

$695,000Median sold price

$404Median $/sqft

-0.3%Median cap rate

$-4,018Modeled cash flow / mo

-2.2%Appreciation YoY

10.1Months of supply

131Active listings

155Sold (last 12 mo)

What the Nags Head numbers say

In Nags Head, NC, the median home sold for $695,000 (about $404 per square foot), and the typical deal models out to a -0.3% cap rate with a median $-4,018 of monthly cash flow. Sold prices moved -2.2% over the past year. Inventory sits at about 10.1 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 Nags Head cash-flowing listings

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