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

Wallace, NC has a median modeled monthly cash flow of $-1,238 and a median cap rate of 2.5%, on a median sold price of $250,400. Prices changed +0.6% year over year.

What is the average cap rate in Wallace, NC?

The median cap rate across recently sold homes in Wallace, NC is 2.5%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Wallace, NC?

The median sold price in Wallace, NC is $250,400 (about $170 per square foot).

Investing in Wallace, NC Real Estate

A data-driven snapshot of the Wallace, 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.

$250,400Median sold price

$170Median $/sqft

2.5%Median cap rate

$-1,238Modeled cash flow / mo

+0.6%Appreciation YoY

9.4Months of supply

140Active listings

179Sold (last 12 mo)

What the Wallace numbers say

In Wallace, NC, the median home sold for $250,400 (about $170 per square foot), and the typical deal models out to a 2.5% cap rate with a median $-1,238 of monthly cash flow. Sold prices moved +0.6% over the past year. Inventory sits at about 9.4 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 Wallace cash-flowing listings

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