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Carry, NC Investment Data and Rental Metrics
Investment Data & Rental Metrics
LTR & STR financial performance, market growth indicators, and school ratings.
LTR Financial Performance
Median Price
LTR Rent
$1,630
Monthly Cash Flow
-$978
Principal + Equity
$3,649
Annual Total Gain
$32,041
Cash on Cash
-8.36%
Net ROI %
STR Financial Performance
Median Price
Avg. Daily Rate
$192
Occupancy Rate
70%
Monthly Revenue
$3,034
Monthly Cash Flow
-$29
Principal + Equity
$3,649
Annual Total Gain
$43,430
Cash on Cash %
-0.25%
Net ROI %
Market Health & Growth
Median Income
$129,399
Population
176,686
LTR Renter %
33.67%
Forecast (1 yr)
1%
Appreciation (1 yr)
-1.25%
Appreciation (5 yr)
52.5%
Appreciation (10 yr)
94.32%
Job Growth
0%
LTR Rentability
Low
STR Demand
76
STR Rentals
357
Top Public Schools
ANorth Carolina School of Science and Mathematics
ARaleigh Charter High School
A
A
A
Market Grades and Information
Best Places to Live Ranking
Public school quality, cost of living, commute, and lifestyle ratings.
A
Overall
Top-level market grade
Best Places to Live in North Carolina
#1out of 509 markets
Best Suburbs to Live in North Carolina
#1out of 185 markets
Best Places to Raise a Family in North Carolina
#1out of 509 markets
A-
Public School
B-
Crime And Safety
B
Housing
B
Nightlife
A
Good For Families
Diversity
Jobs
Weather
Cost Of Living
Health And Fitness
Outdoor Activities
Commute
Short-Term Rental (STR) Regulations
Local rules and guidelines for operating short-term rentals in Carry, NC.
Carry, NC does not currently have specific regulations in place for short term rentals, such as Airbnb or VRBO. However, it is important for an investor to be aware of potential changes in regulations and to stay informed about any developments in the local government's approach to short term rentals.
It is recommended for investors to research and understand any potential zoning restrictions, homeowner association rules, or local ordinances that may impact their ability to operate a short term rental property in Carry. Additionally, investors should consider the potential impact on the community and neighbors, as well as any potential licensing or tax requirements that may apply to short term rentals in the area.
Overall, it is important for investors to thoroughly research and understand the regulations and potential challenges associated with operating a short term rental property in Carry, NC before making an investment in this market.
Market Trends Over Time
Market trend data is not yet available for Carry, NC.
Nearest Markets
Explore nearby investment markets close to Carry, NC.
The LTR Genie Score of Carry, NC is 58, indicating a moderate level of rentability for long-term rental properties in the area. The STR Genie Score is 80, suggesting a high level of rentability for short-term rental or Airbnb properties. The higher STR Genie Score can be attributed to the strong STR Net ROI of 30.91% and the high STR Occupancy rate of 70.0%. On the other hand, the LTR Rent Growth Rate of 0.0446% may have contributed to the lower LTR Genie Score.
In comparison, the STR Genie Score is significantly higher than the LTR Genie Score, indicating that short-term rental investment may be more attractive in Carry, NC compared to long-term rental investment. The 1-Year Price Appreciation Forecast of 1.0% also suggests potential for property value growth in the area.
Carry, NC is a growing market with a diverse economy and a strong job market, making it an attractive location for real estate investment. With the high STR Genie Score and positive 1-Year Price Appreciation Forecast, investors may find success in short-term rental properties in this area. However, long-term rental investment may not be as lucrative due to the lower LTR Genie Score. Ultimately, investors should consider their investment goals and risk tolerance when deciding on the type of rental property to pursue in Carry, NC.
