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

Sapphire, NC has a median modeled monthly cash flow of $-3,073 and a median cap rate of -0.0%, on a median sold price of $572,499. Prices changed +32.5% year over year.

What is the average cap rate in Sapphire, NC?

The median cap rate across recently sold homes in Sapphire, NC is -0.0%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Sapphire, NC?

The median sold price in Sapphire, NC is $572,499 (about $432 per square foot).

Investing in Sapphire, NC Real Estate

A data-driven snapshot of the Sapphire, 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.

$572,499Median sold price

$432Median $/sqft

-0.0%Median cap rate

$-3,073Modeled cash flow / mo

+32.5%Appreciation YoY

5.2Months of supply

19Active listings

44Sold (last 12 mo)

What the Sapphire numbers say

In Sapphire, NC, the median home sold for $572,499 (about $432 per square foot), and the typical deal models out to a -0.0% cap rate with a median $-3,073 of monthly cash flow. Sold prices moved +32.5% over the past year. Inventory sits at about 5.2 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 Sapphire cash-flowing listings

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