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

Winston Salem, NC has a median modeled monthly cash flow of $-1,283 and a median cap rate of 2.8%, on a median sold price of $367,000. Prices changed +0.3% year over year.

What is the average cap rate in Winston Salem, NC?

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

What is the median home price in Winston Salem, NC?

The median sold price in Winston Salem, NC is $367,000 (about $192 per square foot).

Investing in Winston Salem, NC Real Estate

A data-driven snapshot of the Winston Salem, 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.

$367,000Median sold price

$192Median $/sqft

2.8%Median cap rate

$-1,283Modeled cash flow / mo

+0.3%Appreciation YoY

5.8Months of supply

80Active listings

165Sold (last 12 mo)

What the Winston Salem numbers say

In Winston Salem, NC, the median home sold for $367,000 (about $192 per square foot), and the typical deal models out to a 2.8% cap rate with a median $-1,283 of monthly cash flow. Sold prices moved +0.3% over the past year. Inventory sits at about 5.8 months of supply. 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 Winston Salem cash-flowing listings

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