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

Waynesville, NC has a median modeled monthly cash flow of $-1,484 and a median cap rate of 2.2%, on a median sold price of $380,000. Prices changed -2.4% year over year.

What is the average cap rate in Waynesville, NC?

The median cap rate across recently sold homes in Waynesville, NC is 2.2%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Waynesville, NC?

The median sold price in Waynesville, NC is $380,000 (about $248 per square foot).

Investing in Waynesville, NC Real Estate

A data-driven snapshot of the Waynesville, 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.

$380,000Median sold price

$248Median $/sqft

2.2%Median cap rate

$-1,484Modeled cash flow / mo

-2.4%Appreciation YoY

13.2Months of supply

547Active listings

496Sold (last 12 mo)

What the Waynesville numbers say

In Waynesville, NC, the median home sold for $380,000 (about $248 per square foot), and the typical deal models out to a 2.2% cap rate with a median $-1,484 of monthly cash flow. Sold prices moved -2.4% over the past year. Inventory sits at about 13.2 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 Waynesville cash-flowing listings

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