Is Haywood County, NC good for real estate investing?

Haywood County has an investment score of 44/100, rated as "Avoid". The county ranks #659 nationally among 1000 counties analyzed.

What is the rent-to-price ratio in Haywood?

The rent-to-price ratio in Haywood County is 5.63% annually, which ranks in the 42th percentile nationally. Higher ratios indicate better cash flow potential.

What is the median home price in Haywood?

The median home price in Haywood County is $331,826. This ranks #730 in affordability among all US counties.

Can you cash flow on rental properties in Haywood?

Based on median values with 20% down at current rates, a typical rental in Haywood County would generate negative cash flow of $728/month. Individual property performance varies based on purchase price, rent, and operating expenses.

Haywood County

North CarolinaPopulation: 62,152Asheville, NC Metro

/100

Avoid

#659 of 1,000 counties

#68 in North Carolina (100 counties)

Market Snapshot

$331,826

Median Home Price

42% above national median

$1,556/mo

Median Rent

3% above national median

5.63%

Rent-to-Price Ratio

Top 58% nationally

-$728

Est. Monthly Cash Flow

With 20% down at 6.9% rate

Price History

Historical data from Zillow ZHVI/ZORI

Quick Investment Calculator

Down Payment20%

5%50%100%

Purchase

Purchase Price$331,826

Down Payment (20%)$66,365

Loan Amount$265,461

Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$1,556

Monthly P&I-$1,739

Est. Expenses (35%)-$545

Net Cash Flow-$728/mo

3.7%

Cap Rate (all cash)

-11.4%

Cash-on-Cash Return

5.63%

Rent-to-Price Ratio

Negative leverage: At 6.85% rates, borrowing costs exceed the 3.7% cap rate. All-cash buyers may see better returns.

* Based on county median values. 35% expenses include taxes, insurance, maintenance, vacancy, and property management. Actual results vary by property.

Run Full Analysis Try House Hack Strategy

Score Breakdown

Overall Investment Score

44/100

Cash Flow(30%)

54/100

Based on 5.63% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)

29/100

Based on -4.2% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)

50/100

Population data not available.

Affordability(20%)

42/100

Price-to-income ratio of 5.9x. Lower ratios indicate more affordable markets.

Scores are calculated using real Zillow home value and rent data, Census population data, and economic indicators. The weighted average produces the overall investment score. Markets with missing rent data use estimated values based on regional averages.

Investment Outlook

Strengths

+Complete rent data available

Challenges

-Declining home values (-4.2% YoY)
-Negative cash flow at typical financing (-$728/mo)
-Negative leverage (cap rate 3.7% < mortgage rate 6.9%)

Economic Indicators

Population

62,152

Median Income

$56,596

vs $57,018 national est.

Unemployment Rate

—

Data pending

Price-to-Income

5.9x

Less affordable

Compare to Nearby Counties

County					Verdict
ClayNC	46	$334,965	Est. pending	—	Hold	View
CurrentHaywoodNC	44	$331,826	$1,556	5.63%	Avoid
SwainNC	44	$319,059	Est. pending	—	Avoid	View
CarteretNC	44	$466,579	$1,736	4.47%	Avoid	View
WakeNC	43	$474,088	$1,668	4.22%	Avoid	View
New HanoverNC	43	$435,002	$1,677	4.63%	Avoid	View

The Bottom Line

AvoidHaywood may be challenging for traditional rentals. High prices or low rents make cash flow difficult.

Haywood County in North Carolina scores 44/100, ranking #659 of 1,000 US counties (top 87%). The 5.63% rent-to-price ratio may require creative strategies or below-market purchases for positive cash flow. Current market conditions make traditional buy-and-hold investing challenging. Consider house hacking, value-add strategies, or all-cash purchases.

Monthly Cash Flow

$-728/mo

Cap Rate

3.7%

Cash-on-Cash

-11.4%

Ready to Analyze a Deal in Haywood?

Use our investment calculators to run detailed numbers on specific properties.

Single Family1-4 unit rentals, BRRRR House HackOwner-occupied strategy Multifamily5+ unit properties

Explore Other Markets

Quick Investment Calculator

Down Payment20%

5%50%100%

Purchase

Purchase Price$331,826

Down Payment (20%)$66,365

Loan Amount$265,461

Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$1,556

Monthly P&I-$1,739

Est. Expenses (35%)-$545

Net Cash Flow-$728/mo

3.7%

Cap Rate (all cash)

-11.4%

Cash-on-Cash Return

5.63%

Rent-to-Price Ratio

Negative leverage: At 6.85% rates, borrowing costs exceed the 3.7% cap rate. All-cash buyers may see better returns.

* Based on county median values. 35% expenses include taxes, insurance, maintenance, vacancy, and property management. Actual results vary by property.

Run Full Analysis Try House Hack Strategy

Score Breakdown

Overall Investment Score

44/100

Cash Flow(30%)

54/100

Based on 5.63% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)

29/100

Based on -4.2% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)

50/100

Population data not available.

Affordability(20%)

42/100

Price-to-income ratio of 5.9x. Lower ratios indicate more affordable markets.

County

Verdict

ClayNC

$334,965

Est. pending

—

Hold

View

CurrentHaywoodNC

$331,826

$1,556

5.63%

Avoid

SwainNC

$319,059

Est. pending

—

Avoid

View

CarteretNC

$466,579

$1,736

4.47%

Avoid

View

WakeNC

$474,088

$1,668

4.22%

Avoid

View

New HanoverNC

$435,002

$1,677

4.63%

Avoid

View

The Bottom Line

AvoidHaywood may be challenging for traditional rentals. High prices or low rents make cash flow difficult.

Monthly Cash Flow

$-728/mo

Cap Rate

3.7%

Cash-on-Cash

-11.4%