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

Nebo, NC has a median modeled monthly cash flow of $-4,873 and a median cap rate of -0.4%, on a median sold price of $267,500. Prices changed +4.4% year over year.

What is the average cap rate in Nebo, NC?

The median cap rate across recently sold homes in Nebo, NC is -0.4%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Nebo, NC?

The median sold price in Nebo, NC is $267,500 (about $239 per square foot).

Investing in Nebo, NC Real Estate

A data-driven snapshot of the Nebo, 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.

$267,500Median sold price

$239Median $/sqft

-0.4%Median cap rate

$-4,873Modeled cash flow / mo

+4.4%Appreciation YoY

6.8Months of supply

75Active listings

132Sold (last 12 mo)

What the Nebo numbers say

In Nebo, NC, the median home sold for $267,500 (about $239 per square foot), and the typical deal models out to a -0.4% cap rate with a median $-4,873 of monthly cash flow. Sold prices moved +4.4% 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 Nebo cash-flowing listings

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