What rent should I use for a 3-bedroom rental in Hendersonville, NC?

In ZIP 28739 the typical figure is $1,485 a month ($1,485–$2,223); across Hendersonville's 4 ZIP codes it's $947–$2,223, with a median of $1,362. Check listings for the specific property.

Cap rate & gross rent multiplier calculator for Hendersonville, NC

Starts from local data for Hendersonville, NC (ZIP 28739): a 3-bedroom rent of $1,485 a month (range $1,485–$2,223). Every value stays editable.

Cap rate

6.58%

Gross rent multiplier

9.92

Gross annual rent: $50,400
NOI (yearly): $32,880

Cap rate6.58%

How this is calculated

1Gross annual rent = monthly rent × 12.
2NOI = gross annual rent × (1 − vacancy %) − operating expenses.
3Cap rate = NOI ÷ price.
4GRM = price ÷ gross annual rent.

Neither metric accounts for financing. Use the rental cash flow calculator to see returns with a mortgage.

Frequently asked questions

What rent should I use for a 3-bedroom rental in Hendersonville, NC?: In ZIP 28739 the typical figure is $1,485 a month ($1,485–$2,223); across Hendersonville's 4 ZIP codes it's $947–$2,223, with a median of $1,362. Check listings for the specific property.

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