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

Ocracoke, NC has a median modeled monthly cash flow of $-3,686 and a median cap rate of -0.5%, on a median sold price of $440,500. Prices changed +1.4% year over year.

What is the average cap rate in Ocracoke, NC?

The median cap rate across recently sold homes in Ocracoke, NC is -0.5%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Ocracoke, NC?

The median sold price in Ocracoke, NC is $440,500 (about $467 per square foot).

Investing in Ocracoke, NC Real Estate

A data-driven snapshot of the Ocracoke, 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.

$440,500Median sold price

$467Median $/sqft

-0.5%Median cap rate

$-3,686Modeled cash flow / mo

+1.4%Appreciation YoY

8.0Months of supply

24Active listings

36Sold (last 12 mo)

What the Ocracoke numbers say

In Ocracoke, NC, the median home sold for $440,500 (about $467 per square foot), and the typical deal models out to a -0.5% cap rate with a median $-3,686 of monthly cash flow. Sold prices moved +1.4% over the past year. Inventory sits at about 8.0 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 Ocracoke cash-flowing listings

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