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

Purlear, NC has a median modeled monthly cash flow of $-2,255 and a median cap rate of 0.9%, on a median sold price of $259,502. Prices changed +7.4% year over year.

What is the average cap rate in Purlear, NC?

The median cap rate across recently sold homes in Purlear, NC is 0.9%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Purlear, NC?

The median sold price in Purlear, NC is $259,502 (about $254 per square foot).

Investing in Purlear, NC Real Estate

A data-driven snapshot of the Purlear, 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.

$259,502Median sold price

$254Median $/sqft

0.9%Median cap rate

$-2,255Modeled cash flow / mo

+7.4%Appreciation YoY

6.6Months of supply

23Active listings

42Sold (last 12 mo)

What the Purlear numbers say

In Purlear, NC, the median home sold for $259,502 (about $254 per square foot), and the typical deal models out to a 0.9% cap rate with a median $-2,255 of monthly cash flow. Sold prices moved +7.4% over the past year. Inventory sits at about 6.6 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 Purlear cash-flowing listings

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