Elon, NC — Rental Investment Analysis

🔴WEAKappreciation play only

Cap Rate

3.1%

Below average

Monthly Cash Flow

-$866

After all expenses

Price-to-Rent

17.0

Overpriced for rent

DSCR

0.49

Fails

📊 Key Metrics

Median Home Price
$318,384
Average Rent (3BR)
$1,560/mo
Price-to-Rent Ratio
17.0(high)
1% Rule
0.49%(fails — need 1%+)
Cash-on-Cash Return
-14.2%
Vacancy Rate
8.0%

📈 Market Strength

Assumptions Used

20% down, 7.000000000000001% rate, 30yr, 8% vacancy, 10% maintenance

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🏘️ Best Zip Codes in Elon for Investors

27244
Cap Rate: 3.1%Cash Flow: -$866/mo$318,384
27244
Cap Rate: 3.1%Cash Flow: -$866/mo$318,384

All Zip Codes in Elon

ZipCap RateCash FlowHome PriceRent (3BR)DSCR
272443.1%-$866$318,384$1,560/mo0.49
272443.1%-$866$318,384$1,560/mo0.49