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

Walnut Cove, NC has a median modeled monthly cash flow of $-956 and a median cap rate of 2.4%, on a median sold price of $235,000. Prices changed +3.9% year over year.

What is the average cap rate in Walnut Cove, NC?

The median cap rate across recently sold homes in Walnut Cove, NC is 2.4%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Walnut Cove, NC?

The median sold price in Walnut Cove, NC is $235,000 (about $161 per square foot).

Investing in Walnut Cove, NC Real Estate

A data-driven snapshot of the Walnut Cove, 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.

$235,000Median sold price

$161Median $/sqft

2.4%Median cap rate

$-956Modeled cash flow / mo

+3.9%Appreciation YoY

14.5Months of supply

82Active listings

68Sold (last 12 mo)

What the Walnut Cove numbers say

In Walnut Cove, NC, the median home sold for $235,000 (about $161 per square foot), and the typical deal models out to a 2.4% cap rate with a median $-956 of monthly cash flow. Sold prices moved +3.9% over the past year. Inventory sits at about 14.5 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 Walnut Cove cash-flowing listings

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