Real Estate Investment Properties for Sale in Penrose, NC

Looking for investment property in Penrose, NC with high ROI ?

Explore a variety of short-term homes & houses in Penrose, NC. Invest wisely with VRBO & Penrose, NC Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Penrose, NC

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
94 Paradise Cove Road Penrose, NC If you are looking lots of room, flexible floor plan and privacy, you need to see this hom...	3 beds \| 4 baths \| 4,260 sq.ft.	$599,000	Airbnb cash on cash: 1.12% Traditional cash on cash: 3.77% Airbnb Rental Income: $2323 Traditional Rental Income: $3226 Airbnb ROI: 1.12% Traditional ROI: 3.77%
62 Kinard Lane Penrose, NC Must See! East Facing 3BR/1.5 BA one story ranch style home with finished basement. Built ...	3 beds \| 2 baths \| 1,960 sq.ft.	$234,900	Airbnb cash on cash: 6.13% Traditional cash on cash: 9.76% Airbnb Rental Income: $2323 Traditional Rental Income: $2554 Airbnb ROI: 6.13% Traditional ROI: 9.76%
192 Lady Bug Lane Penrose, NC MOTIVATED SELLER! Enjoy the best of both counties from this beautifully maintained 2-bedro...	2 beds \| 2 baths \| 1,070 sq.ft.	$219,900	Airbnb cash on cash: 3.71% Traditional cash on cash: 6.1% Airbnb Rental Income: $1724 Traditional Rental Income: $1745 Airbnb ROI: 3.71% Traditional ROI: 6.1%
146 Cliff Road Penrose, NC Large price drop because the sellers are very motivated to move this property. Come see it...	3 beds \| 2 baths \| 1,403 sq.ft.	$599,000	Airbnb cash on cash: 1.12% Traditional cash on cash: 2.07% Airbnb Rental Income: $2323 Traditional Rental Income: $2274 Airbnb ROI: 1.12% Traditional ROI: 2.07%
Investment Properties for Sale in Other Cities of North-carolina
210 N Church St #2704 Charlotte , NC Welcome home to one of the most desirable one bedroom floorplans in The Avenue Condominium...	1 beds \| 1 baths \| 780 sq.ft.	$299,000	Airbnb cash on cash: -0.78% Traditional cash on cash: 2.78% Airbnb Rental Income: $1227 Traditional Rental Income: $1837 Airbnb ROI: -0.78% Traditional ROI: 2.78%
210 N Church St #2813 Charlotte , NC Experience Uptown living at its finest from the 28th floor! Perfectly positioned in one of...	1 beds \| 1 baths \| 822 sq.ft.	$345,000	Airbnb cash on cash: -1.05% Traditional cash on cash: 1.12% Airbnb Rental Income: $1227 Traditional Rental Income: $1534 Airbnb ROI: -1.05% Traditional ROI: 1.12%
231 Dogwood Circle Hayesville , NC SWEET DEAL IN THE NORTH CAROLINA MOUNTAINS! Discover the perfect mountain getaway in Chatu...	2 beds \| 1 baths \| N/A	$228,000	Airbnb cash on cash: 1.96% Traditional cash on cash: 3.62% Airbnb Rental Income: $1158 Traditional Rental Income: $1135 Airbnb ROI: 1.96% Traditional ROI: 3.62%
9 Lark Circle Chapel Hill , NC Discover this hidden gem tucked into a peaceful wooded pocket of Chapel Hill where neighbo...	3 beds \| 3 baths \| 1,691 sq.ft.	$449,990	Airbnb cash on cash: 1.6% Traditional cash on cash: 2.97% Airbnb Rental Income: $2298 Traditional Rental Income: $2303 Airbnb ROI: 1.6% Traditional ROI: 2.97%
107 Hillspring Lane Chapel Hill , NC Updated 4BR/3.5BA Southern Village home with a private, fenced backyard and walkable shops...	4 beds \| 4 baths \| 2,717 sq.ft.	$999,999	Airbnb cash on cash: -0.08% Traditional cash on cash: 1.06% Airbnb Rental Income: $2570 Traditional Rental Income: $3014 Airbnb ROI: -0.08% Traditional ROI: 1.06%
825 Oxbow Crossing Road Chapel Hill , NC Rarely does a home combine 5 private acres, over 5,800 square feet, a main-level primary s...	5 beds \| 5 baths \| 5,839 sq.ft.	$1,349,000	Airbnb cash on cash: 0.4% Traditional cash on cash: 0.91% Airbnb Rental Income: $3585 Traditional Rental Income: $3437 Airbnb ROI: 0.4% Traditional ROI: 0.91%
2505 Neville Road Chapel Hill , NC Motivated Seller! Bring all offers! Eligible buyers may qualify for up to $15,000 in NCHFA...	3 beds \| 2 baths \| 950 sq.ft.	$280,000	Airbnb cash on cash: 4.46% Traditional cash on cash: 4.18% Airbnb Rental Income: $2298 Traditional Rental Income: $1651 Airbnb ROI: 4.46% Traditional ROI: 4.18%
217 Hillsborough Street Chapel Hill , NC Priced well below tax value. A wonderful downtown historic home ready for anything!! Renta...	4 beds \| 2 baths \| 1,645 sq.ft.	$719,000	Airbnb cash on cash: 0.09% Traditional cash on cash: 0.11% Airbnb Rental Income: $2570 Traditional Rental Income: $1968 Airbnb ROI: 0.09% Traditional ROI: 0.11%
1733 Mt Carmel Church Road Chapel Hill , NC Farm-to-table living meets classic Chapel Hill charm! Grow your own food. Gather with frie...	4 beds \| 3 baths \| 2,465 sq.ft.	$895,000	Airbnb cash on cash: 0.54% Traditional cash on cash: 1.68% Airbnb Rental Income: $2570 Traditional Rental Income: $2901 Airbnb ROI: 0.54% Traditional ROI: 1.68%
121 Ruskin Drive Chapel Hill , NC Elegant luxury defines this custom built home that backs to the woods but offers neighborh...	5 beds \| 6 baths \| 4,510 sq.ft.	$990,000	Airbnb cash on cash: 0.31% Traditional cash on cash: N/A Airbnb Rental Income: $3585 Traditional Rental Income: $0 Airbnb ROI: 0.31% Traditional ROI: N/A
105 Holly Acres Road Holly Springs , NC ALL NEW LVP AND CARPET!! REDUCED $10,000!! Don't miss this one! THIS IS A RARE FIND IN THE...	3 beds \| 2 baths \| 1,447 sq.ft.	$369,900	Airbnb cash on cash: 2.53% Traditional cash on cash: 3.15% Airbnb Rental Income: $2130 Traditional Rental Income: $1803 Airbnb ROI: 2.53% Traditional ROI: 3.15%
805 Natural Springs Court Fuquay Varina , NC Welcome to 805 Natural Springs Ct - a delightful Fuquay Varina gem that surprises you the ...	4 beds \| 3 baths \| 2,378 sq.ft.	$405,000	Airbnb cash on cash: 3.52% Traditional cash on cash: 4.6% Airbnb Rental Income: $2848 Traditional Rental Income: $2598 Airbnb ROI: 3.52% Traditional ROI: 4.6%
3600 Doyle Road Zebulon , NC What a Great Deal !!! Lovely 3606 square foot Remodeled Farmhouse sitting on 2.25 acres. W...	3 beds \| 3 baths \| 3,609 sq.ft.	$975,000	Airbnb cash on cash: -0.45% Traditional cash on cash: 1.12% Airbnb Rental Income: $1389 Traditional Rental Income: $2394 Airbnb ROI: -0.45% Traditional ROI: 1.12%
2700 Misty Glen Trail Raleigh , NC Tucked away at the end of a private drive, this exceptional Raleigh retreat offers a rare ...	3 beds \| 4 baths \| 4,423 sq.ft.	$600,000	Airbnb cash on cash: 0.37% Traditional cash on cash: 2.53% Airbnb Rental Income: $1792 Traditional Rental Income: $2511 Airbnb ROI: 0.37% Traditional ROI: 2.53%
115 Amsterdam Drive Archer Lodge , NC Space, privacy, and convenience come together at 115 Amsterdam Drive, a 4-bedroom, 3.5-bat...	4 beds \| 4 baths \| 2,609 sq.ft.	$610,000	Airbnb cash on cash: 0.14% Traditional cash on cash: 2.17% Airbnb Rental Income: $1585 Traditional Rental Income: $2288 Airbnb ROI: 0.14% Traditional ROI: 2.17%

Real Estate investment in Penrose, NC

There are 4 properties for sale in the city of Penrose . The median list price in Penrose is $379,500 and the average price per square foot is $203. In November 2026, the average monthly cash on cash return in Penrose is 5.00%. The average monthly rental income in Penrose is $2,414.

Penrose, NC Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 4 investment properties available for sale in Penrose.

In 2026, the best neighborhood to buy investment property is Penrose.

The ROI for Long-Term is higher than the Short-Term in Penrose with average rental income of $2,414.

Your search for investment property begins and ends here

Investment Property for Sale in Penrose, NC

94 Paradise Cove Road

Penrose, NC

3 beds | 4 baths | 4,260 sq.ft.

$599,000

Airbnb cash on cash: 1.12%

Traditional cash on cash: 3.77%

Airbnb Rental Income: $2323

Traditional Rental Income: $3226

Airbnb ROI: 1.12%

Traditional ROI: 3.77%

62 Kinard Lane

Penrose, NC

3 beds | 2 baths | 1,960 sq.ft.

$234,900

Airbnb cash on cash: 6.13%

Traditional cash on cash: 9.76%

Airbnb Rental Income: $2323

Traditional Rental Income: $2554

Airbnb ROI: 6.13%

Traditional ROI: 9.76%

192 Lady Bug Lane

Penrose, NC

2 beds | 2 baths | 1,070 sq.ft.

$219,900

Airbnb cash on cash: 3.71%

Traditional cash on cash: 6.1%

Airbnb Rental Income: $1724

Traditional Rental Income: $1745

Airbnb ROI: 3.71%

Traditional ROI: 6.1%

146 Cliff Road

Penrose, NC

3 beds | 2 baths | 1,403 sq.ft.

$599,000

Airbnb cash on cash: 1.12%

Traditional cash on cash: 2.07%

Airbnb Rental Income: $2323

Traditional Rental Income: $2274

Airbnb ROI: 1.12%

Traditional ROI: 2.07%

Investment Properties for Sale in Other Cities of North-carolina

Charlotte , NC

1 beds | 1 baths | 780 sq.ft.

$299,000

Airbnb cash on cash: -0.78%

Traditional cash on cash: 2.78%

Airbnb Rental Income: $1227

Traditional Rental Income: $1837

Airbnb ROI: -0.78%

Traditional ROI: 2.78%

Charlotte , NC

1 beds | 1 baths | 822 sq.ft.

$345,000

Airbnb cash on cash: -1.05%

Traditional cash on cash: 1.12%

Airbnb Rental Income: $1227

Traditional Rental Income: $1534

Airbnb ROI: -1.05%

Traditional ROI: 1.12%

Hayesville , NC

2 beds | 1 baths | N/A

$228,000

Airbnb cash on cash: 1.96%

Traditional cash on cash: 3.62%

Airbnb Rental Income: $1158

Traditional Rental Income: $1135

Airbnb ROI: 1.96%

Traditional ROI: 3.62%

Chapel Hill , NC

3 beds | 3 baths | 1,691 sq.ft.

$449,990

Airbnb cash on cash: 1.6%

Traditional cash on cash: 2.97%

Airbnb Rental Income: $2298

Traditional Rental Income: $2303

Airbnb ROI: 1.6%

Traditional ROI: 2.97%

Chapel Hill , NC

4 beds | 4 baths | 2,717 sq.ft.