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

Northlakes, NC has a median modeled monthly cash flow of $-2,761 and a median cap rate of 0.7%, on a median sold price of $381,400. Prices changed +4.0% year over year.

What is the average cap rate in Northlakes, NC?

The median cap rate across recently sold homes in Northlakes, NC is 0.7%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Northlakes, NC?

The median sold price in Northlakes, NC is $381,400 (about $196 per square foot).

Investing in Northlakes, NC Real Estate

A data-driven snapshot of the Northlakes, 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.

$381,400Median sold price

$196Median $/sqft

0.7%Median cap rate

$-2,761Modeled cash flow / mo

+4.0%Appreciation YoY

10.6Months of supply

54Active listings

61Sold (last 12 mo)

What the Northlakes numbers say

In Northlakes, NC, the median home sold for $381,400 (about $196 per square foot), and the typical deal models out to a 0.7% cap rate with a median $-2,761 of monthly cash flow. Sold prices moved +4.0% over the past year. Inventory sits at about 10.6 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 Northlakes cash-flowing listings

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