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

Smithfield, NC has a median modeled monthly cash flow of $-775 and a median cap rate of 3.5%, on a median sold price of $299,900. Prices changed -2.4% year over year.

What is the average cap rate in Smithfield, NC?

The median cap rate across recently sold homes in Smithfield, NC is 3.5%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Smithfield, NC?

The median sold price in Smithfield, NC is $299,900 (about $165 per square foot).

Investing in Smithfield, NC Real Estate

A data-driven snapshot of the Smithfield, 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.

$299,900Median sold price

$165Median $/sqft

3.5%Median cap rate

$-775Modeled cash flow / mo

-2.4%Appreciation YoY

8.5Months of supply

226Active listings

319Sold (last 12 mo)

What the Smithfield numbers say

In Smithfield, NC, the median home sold for $299,900 (about $165 per square foot), and the typical deal models out to a 3.5% cap rate with a median $-775 of monthly cash flow. Sold prices moved -2.4% over the past year. Inventory sits at about 8.5 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 Smithfield cash-flowing listings

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