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

Oak Island, NC has a median modeled monthly cash flow of $-2,100 and a median cap rate of 2.1%, on a median sold price of $587,250. Prices changed -3.2% year over year.

What is the average cap rate in Oak Island, NC?

The median cap rate across recently sold homes in Oak Island, NC is 2.1%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Oak Island, NC?

The median sold price in Oak Island, NC is $587,250 (about $406 per square foot).

Investing in Oak Island, NC Real Estate

A data-driven snapshot of the Oak Island, 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.

$587,250Median sold price

$406Median $/sqft

2.0%Median cap rate

$-2,100Modeled cash flow / mo

-3.2%Appreciation YoY

9.1Months of supply

532Active listings

704Sold (last 12 mo)

What the Oak Island numbers say

In Oak Island, NC, the median home sold for $587,250 (about $406 per square foot), and the typical deal models out to a 2.0% cap rate with a median $-2,100 of monthly cash flow. Sold prices moved -3.2% over the past year. Inventory sits at about 9.1 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 Oak Island cash-flowing listings

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