Waynesville, NC — Rental Investment Analysis

🔴WEAKappreciation play only

Cap Rate

2.4%

Below average

Monthly Cash Flow

-$1,220

After all expenses

Price-to-Rent

20.1

Overpriced for rent

DSCR

0.38

Fails

📊 Key Metrics

Median Home Price
$366,086
Average Rent (3BR)
$1,520/mo
Price-to-Rent Ratio
20.1(high)
1% Rule
0.42%(fails — need 1%+)
Cash-on-Cash Return
-17.3%
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 Waynesville for Investors

28786
Cap Rate: 2.7%Cash Flow: -$1,048/mo$342,914
28785
Cap Rate: 2.1%Cash Flow: -$1,393/mo$389,259

All Zip Codes in Waynesville

ZipCap RateCash FlowHome PriceRent (3BR)DSCR
287862.7%-$1,048$342,914$1,540/mo0.43
287852.1%-$1,393$389,259$1,500/mo0.33