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

Spring Lake, NC has a median modeled monthly cash flow of $-557 and a median cap rate of 3.9%, on a median sold price of $222,500. Prices changed +4.1% year over year.

What is the average cap rate in Spring Lake, NC?

The median cap rate across recently sold homes in Spring Lake, NC is 3.9%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Spring Lake, NC?

The median sold price in Spring Lake, NC is $222,500 (about $151 per square foot).

Investing in Spring Lake, NC Real Estate

A data-driven snapshot of the Spring Lake, 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.

$222,500Median sold price

$151Median $/sqft

3.9%Median cap rate

$-557Modeled cash flow / mo

+4.1%Appreciation YoY

13.2Months of supply

139Active listings

126Sold (last 12 mo)

What the Spring Lake numbers say

In Spring Lake, NC, the median home sold for $222,500 (about $151 per square foot), and the typical deal models out to a 3.9% cap rate with a median $-557 of monthly cash flow. Sold prices moved +4.1% over the past year. Inventory sits at about 13.2 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 Spring Lake cash-flowing listings

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