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

Red Oak, NC has a median modeled monthly cash flow of $-1,288 and a median cap rate of 2.5%, on a median sold price of $407,000. Prices changed -4.7% year over year.

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

The median cap rate across recently sold homes in Red Oak, NC is 2.5%, based on CashFlowRE's rent and expense modeling.

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

The median sold price in Red Oak, NC is $407,000 (about $174 per square foot).

Investing in Red Oak, NC Real Estate

A data-driven snapshot of the Red Oak, 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.

$407,000Median sold price

$174Median $/sqft

2.5%Median cap rate

$-1,288Modeled cash flow / mo

-4.7%Appreciation YoY

10.6Months of supply

38Active listings

43Sold (last 12 mo)

What the Red Oak numbers say

In Red Oak, NC, the median home sold for $407,000 (about $174 per square foot), and the typical deal models out to a 2.5% cap rate with a median $-1,288 of monthly cash flow. Sold prices moved -4.7% 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 Red Oak cash-flowing listings

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