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

Tryon, NC has a median modeled monthly cash flow of $-1,393 and a median cap rate of 2.3%, on a median sold price of $407,750. Prices changed -0.2% year over year.

What is the average cap rate in Tryon, NC?

The median cap rate across recently sold homes in Tryon, NC is 2.3%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Tryon, NC?

The median sold price in Tryon, NC is $407,750 (about $224 per square foot).

Investing in Tryon, NC Real Estate

A data-driven snapshot of the Tryon, 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.

$407,750Median sold price

$224Median $/sqft

2.3%Median cap rate

$-1,393Modeled cash flow / mo

-0.2%Appreciation YoY

9.0Months of supply

96Active listings

128Sold (last 12 mo)

What the Tryon numbers say

In Tryon, NC, the median home sold for $407,750 (about $224 per square foot), and the typical deal models out to a 2.3% cap rate with a median $-1,393 of monthly cash flow. Sold prices moved -0.2% over the past year. Inventory sits at about 9.0 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 Tryon cash-flowing listings

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