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Cap Rate Analysis: Jacksonville, NC

Investment metrics, interactive calculators, and data-driven analysis for Jacksonville rental properties.

Moderate — source deals carefully
Based on $210,000 median price and $1,200/mo median rent
Est. Cap Rate
4.83%
1% Rule
0.57%
Fails
GRM
14.6x
Price / Income
4.7x

Market Data

Median Home Price$210,000
Median Monthly Rent$1,200
Property Tax Rate0.78%
Population74,500
Population Growth1.2% / yr
Median Household Income$44,600
Vacancy Rate6.5%
Annual Appreciation2.5%

Cap Rate Calculator — Jacksonville

Pre-filled with Jacksonville medians. Adjust to match a specific property.

Property Details
$
$
3–8% typical
%
Monthly Expenses
0.78% rate
$
$
8–10% of rent
$
8–12% of rent
$
Cap Rate
3.99%Low
Net Operating Income ÷ Purchase Price
NOI / Year
$8,388
net operating income
Gross Rent Multiplier
14.6x
Good (<15)
1% Rule
0.57%
✗ Fails
Monthly Cash Flow
$699
before debt service
Annual Breakdown
Gross Rental Income$14,400
Less Vacancy−$936
Effective Income$13,464
Less Operating Expenses−$5,076
Net Operating Income$8,388

Cash-on-Cash Return — Jacksonville

Factor in financing to see your actual return on invested capital in Jacksonville.

$
$52,500
%
%
years
$
taxes + ins + maint + mgmt
$
$
Cash-on-Cash Return
-6.75%Weak
Annual Cash Flow ÷ Total Cash Invested
Total Cash Invested
$58,800
$52,500 down + $6,300 closing
Monthly Mortgage
$1,027
on $158K loan
Monthly Cash Flow
$-331
after all expenses
Annual Cash Flow
$-3,969
before taxes
Cash Flow Breakdown
Monthly Rent$1,200
Less Expenses−$504
Less Mortgage−$1,027
Monthly Cash Flow$-331

Is Jacksonville a Good Place to Invest in Rental Property?

Jacksonville, NC has a population of 74,500 and has been growing at 1.2% annually — above the national average, suggesting steady demand pressure on housing. The median home price of $210,000 paired with median rents of $1,200/mo produces an estimated cap rate of 4.83%.

Property taxes at 0.78% are well below the national average of ~1.1%, providing a meaningful cash flow advantage many investors overlook. The vacancy rate of 6.5% is moderate and within normal parameters for a healthy rental market.

At a price-to-income ratio of 4.7x, homes cost about 4.7 times the local median income of $44,600. This moderate ratio indicates a balanced rent-vs-buy market. Home values have appreciated at roughly 2.5% annually. Steady appreciation means total returns will be primarily cash flow-driven — the more sustainable model for long-term wealth building.

Bottom line: Jacksonville presents moderate opportunities. Cap rates near 4.83% mean deals need careful sourcing — look for value-add rehabs or emerging neighborhoods where rents are climbing.

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