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

Red Cross, NC has a median modeled monthly cash flow of $-1,188 and a median cap rate of 2.6%, on a median sold price of $376,525. Prices changed -6.1% year over year.

What is the average cap rate in Red Cross, NC?

The median cap rate across recently sold homes in Red Cross, NC is 2.6%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Red Cross, NC?

The median sold price in Red Cross, NC is $376,525 (about $168 per square foot).

Investing in Red Cross, NC Real Estate

A data-driven snapshot of the Red Cross, 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.

$376,525Median sold price

$168Median $/sqft

2.6%Median cap rate

$-1,188Modeled cash flow / mo

-6.1%Appreciation YoY

10.1Months of supply

48Active listings

57Sold (last 12 mo)

What the Red Cross numbers say

In Red Cross, NC, the median home sold for $376,525 (about $168 per square foot), and the typical deal models out to a 2.6% cap rate with a median $-1,188 of monthly cash flow. Sold prices moved -6.1% over the past year. Inventory sits at about 10.1 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 Red Cross cash-flowing listings

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