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

Sparta, NC has a median modeled monthly cash flow of $-1,041 and a median cap rate of 1.9%, on a median sold price of $265,000. Prices changed -10.3% year over year.

What is the average cap rate in Sparta, NC?

The median cap rate across recently sold homes in Sparta, NC is 1.9%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Sparta, NC?

The median sold price in Sparta, NC is $265,000 (about $191 per square foot).

Investing in Sparta, NC Real Estate

A data-driven snapshot of the Sparta, 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.

$265,000Median sold price

$191Median $/sqft

1.9%Median cap rate

$-1,041Modeled cash flow / mo

-10.3%Appreciation YoY

11.7Months of supply

88Active listings

90Sold (last 12 mo)

What the Sparta numbers say

In Sparta, NC, the median home sold for $265,000 (about $191 per square foot), and the typical deal models out to a 1.9% cap rate with a median $-1,041 of monthly cash flow. Sold prices moved -10.3% over the past year. Inventory sits at about 11.7 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 Sparta cash-flowing listings

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