ZIP CODE 28078 // CHARLOTTE-CONCORD-GASTONIA, NC-SC // DATA AS OF 2026-09-30
Huntersville, NC (28078) Rental Property Cap Rate & Cash Flow Report
Located in Mecklenburg County (Huntersville, NC), Zip Code 28078 ranks #352 of 500 within this selected sample (30th percentile) with a Zillow ZHVI typical home-value index of $535,352 (+0.2% YoY) and a ZORI observed market rent of $1,938/mo (+0.6% YoY). Requires at least 66.0% down payment at 6.5% interest to reach $0/mo break-even cash flow. This model combines different housing populations; it is not an observed average property return. Costs assume state-average tax, 0.5% annual insurance, 13% reserves and no HOA or management. Figures below follow your edits; this headline describes the original benchmark.
Net Monthly Cash Flow
-$1,556/mo
Annual: -$18,676/yr
Modeled Cap Rate
2.58%
NOI: $13,809/yr
Cash-on-Cash Return
-15.17%
Cash Needed: $123,131
1% Rule Ratio
0.36%
Gross Yield: 4.34%
Break-Even Rent
$3,727/mo
State Tax: 0.70%/yr
INTERACTIVE PRO-FORMA STATEMENT (ZIP 28078 BENCHMARK)
Edit any value
Purchase Price (ZHVI proxy)
Monthly Gross Rent (ZORI proxy)
Down Payment (%)
Interest Rate (30Y Fixed %)
Annual Property Tax (NC Avg 0.70%)
Annual Home Insurance ($)
Monthly HOA Fee ($)
Monthly Debt Service (P&I)
-$2,707/mo
Monthly Operating Expenses (Tax + Ins + 13% Reserves)
-$787/mo
HISTORICAL ZHVI PRICE VS. ZORI RENT TRAJECTORY (28078)
| Year | ZHVI Value | ZORI Rent | Gross Yield |
|---|---|---|---|
| 2021 | $413,752 | $1,678/mo | 4.87% |
| 2022 | $505,863 | $1,825/mo | 4.33% |
| 2023 | $510,599 | $1,870/mo | 4.39% |
| 2024 | $532,346 | $1,879/mo | 4.24% |
| 2025 | $534,293 | $1,926/mo | 4.33% |
| 2026 | $535,352 | $1,938/mo | 4.34% |
COMPARABLE U.S. RENTAL MARKETS
| Zip / City | Price | Rent | Cap Rate | Cash Flow |
|---|---|---|---|---|
| 27587 Wake Forest, NC | $504,797 | $1,795/mo | 2.51% | -$1,496/mo |
| 27713 Durham, NC | $409,919 | $1,544/mo | 2.73% | -$1,139/mo |
| 28173 Waxhaw, NC | $687,851 | $2,637/mo | 2.80% | -$1,872/mo |
| 28277 Charlotte, NC | $602,387 | $1,974/mo | 2.22% | -$1,931/mo |
| 28027 Concord, NC | $409,576 | $1,752/mo | 3.27% | -$956/mo |
| 27519 Cary, NC | $690,357 | $1,899/mo | 1.67% | -$2,529/mo |