Is Clay County, NC good for real estate investing?

Clay County has an investment score of 46/100, rated as "Hold". The county ranks #623 nationally among 1000 counties analyzed.

What is the median home price in Clay?

The median home price in Clay County is $334,965. This ranks #734 in affordability among all US counties.

Can you cash flow on rental properties in Clay?

Based on median values with 20% down at current rates, a typical rental in Clay County would generate positive cash flow of $0/month. Individual property performance varies based on purchase price, rent, and operating expenses.

Clay County

North CarolinaPopulation: 11,186

/100

Hold

#623 of 1,000 counties

#63 in North Carolina (100 counties)

Market Snapshot

$334,965

Median Home Price

43% above national median

$19,911/mo

Est. Rent

Based on regional data

5.94%

Rent-to-Price Ratio

Estimated from price data

+$0

Est. Monthly Cash Flow

With 20% down at 6.9% rate

Price History

Historical data from Zillow ZHVI/ZORI

Score Breakdown

Overall Investment Score

46/100

Cash Flow(30%)

0/100

Rent data not available for cash flow calculation.

Appreciation(25%)

46/100

Based on -0.8% 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

No significant strengths identified based on current data.

Challenges

-Declining home values (-0.8% YoY)
-Negative leverage (cap rate 0.0% < mortgage rate 6.9%)
-Limited rent data (estimates used)

Economic Indicators

Population

11,186

Median Income

$57,065

vs $57,018 national est.

Unemployment Rate

—

Data pending

Price-to-Income

5.9x

Less affordable

Compare to Nearby Counties

County					Verdict
MecklenburgNC	48	$416,475	$1,737	5.01%	Hold	View
CherokeeNC	47	$267,818	Est. pending	—	Hold	View
CurrentClayNC	46	$334,965	Est. pending	—	Hold
DurhamNC	46	$394,861	$1,628	4.95%	Hold	View
SwainNC	44	$319,059	Est. pending	—	Avoid	View
CarteretNC	44	$466,579	$1,736	4.47%	Avoid	View

The Bottom Line

HoldClay is a neutral market.

Clay County in North Carolina scores 46/100, ranking #623 of 1,000 US counties (top 82%).

Monthly Cash Flow

+$0/mo

Cap Rate

0.0%

Cash-on-Cash

0.0%

Ready to Analyze a Deal in Clay?

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

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

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Score Breakdown

Overall Investment Score

46/100

Cash Flow(30%)

0/100

Rent data not available for cash flow calculation.

Appreciation(25%)

46/100

Based on -0.8% 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

MecklenburgNC

$416,475

$1,737

5.01%

Hold

View

CherokeeNC

$267,818

Est. pending

—

Hold

View

CurrentClayNC

$334,965

Est. pending

—

Hold

DurhamNC

$394,861

$1,628

4.95%

Hold

View

SwainNC

$319,059

Est. pending

—

Avoid

View

CarteretNC

$466,579

$1,736

4.47%

Avoid

View