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

Wake Forest, NC has a median modeled monthly cash flow of $-1,518 and a median cap rate of 2.8%, on a median sold price of $550,000. Prices changed +0.5% year over year.

What is the average cap rate in Wake Forest, NC?

The median cap rate across recently sold homes in Wake Forest, NC is 2.8%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Wake Forest, NC?

The median sold price in Wake Forest, NC is $550,000 (about $218 per square foot).

Investing in Wake Forest, NC Real Estate

A data-driven snapshot of the Wake Forest, 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.

$550,000Median sold price

$218Median $/sqft

2.8%Median cap rate

$-1,518Modeled cash flow / mo

+0.5%Appreciation YoY

29.6Months of supply

901Active listings

365Sold (last 12 mo)

What the Wake Forest numbers say

In Wake Forest, NC, the median home sold for $550,000 (about $218 per square foot), and the typical deal models out to a 2.8% cap rate with a median $-1,518 of monthly cash flow. Sold prices moved +0.5% over the past year. Inventory sits at about 29.6 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 Wake Forest cash-flowing listings

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