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

Troy, NC has a median modeled monthly cash flow of $-1,027 and a median cap rate of 2.1%, on a median sold price of $215,000. Prices changed -3.7% year over year.

What is the average cap rate in Troy, NC?

The median cap rate across recently sold homes in Troy, NC is 2.1%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Troy, NC?

The median sold price in Troy, NC is $215,000 (about $157 per square foot).

Investing in Troy, NC Real Estate

A data-driven snapshot of the Troy, 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.

$215,000Median sold price

$157Median $/sqft

2.1%Median cap rate

$-1,027Modeled cash flow / mo

-3.7%Appreciation YoY

7.3Months of supply

41Active listings

67Sold (last 12 mo)

What the Troy numbers say

In Troy, NC, the median home sold for $215,000 (about $157 per square foot), and the typical deal models out to a 2.1% cap rate with a median $-1,027 of monthly cash flow. Sold prices moved -3.7% over the past year. Inventory sits at about 7.3 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 Troy cash-flowing listings

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