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

Surf City, NC has a median modeled monthly cash flow of $-3,079 and a median cap rate of 0.8%, on a median sold price of $497,500. Prices changed -1.3% year over year.

What is the average cap rate in Surf City, NC?

The median cap rate across recently sold homes in Surf City, NC is 0.8%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Surf City, NC?

The median sold price in Surf City, NC is $497,500 (about $263 per square foot).

Investing in Surf City, NC Real Estate

A data-driven snapshot of the Surf City, 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.

$497,500Median sold price

$263Median $/sqft

0.8%Median cap rate

$-3,079Modeled cash flow / mo

-1.3%Appreciation YoY

9.3Months of supply

254Active listings

329Sold (last 12 mo)

What the Surf City numbers say

In Surf City, NC, the median home sold for $497,500 (about $263 per square foot), and the typical deal models out to a 0.8% cap rate with a median $-3,079 of monthly cash flow. Sold prices moved -1.3% over the past year. Inventory sits at about 9.3 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 Surf City cash-flowing listings

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