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

Richfield, NC has a median modeled monthly cash flow of $-1,368 and a median cap rate of 2.0%, on a median sold price of $295,000. Prices changed -7.7% year over year.

What is the average cap rate in Richfield, NC?

The median cap rate across recently sold homes in Richfield, NC is 2.0%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Richfield, NC?

The median sold price in Richfield, NC is $295,000 (about $190 per square foot).

Investing in Richfield, NC Real Estate

A data-driven snapshot of the Richfield, 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.

$295,000Median sold price

$190Median $/sqft

2.0%Median cap rate

$-1,368Modeled cash flow / mo

-7.7%Appreciation YoY

6.2Months of supply

17Active listings

33Sold (last 12 mo)

What the Richfield numbers say

In Richfield, NC, the median home sold for $295,000 (about $190 per square foot), and the typical deal models out to a 2.0% cap rate with a median $-1,368 of monthly cash flow. Sold prices moved -7.7% over the past year. Inventory sits at about 6.2 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 Richfield cash-flowing listings

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