Is Charlotte, TN a good place to invest in rental property?

Charlotte, TN has a median modeled monthly cash flow of $-1,380 and a median cap rate of 2.5%, on a median sold price of $351,000. Prices changed +5.5% year over year.

What is the average cap rate in Charlotte, TN?

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

What is the median home price in Charlotte, TN?

The median sold price in Charlotte, TN is $351,000 (about $249 per square foot).

Investing in Charlotte, TN Real Estate

A data-driven snapshot of the Charlotte, TN 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.

$351,000Median sold price

$249Median $/sqft

2.5%Median cap rate

$-1,380Modeled cash flow / mo

+5.5%Appreciation YoY

5.3Months of supply

57Active listings

128Sold (last 12 mo)

What the Charlotte numbers say

In Charlotte, TN, the median home sold for $351,000 (about $249 per square foot), and the typical deal models out to a 2.5% cap rate with a median $-1,380 of monthly cash flow. Sold prices moved +5.5% over the past year. Inventory sits at about 5.3 months of supply. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Tennessee markets to compare

See Charlotte cash-flowing listings

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