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Cary Property Management
Let us manage your Cary Rental Property
Having a successful rental property requires a lot of time, effort, experience and knowledge. Let us save you that time, effort and frustration that comes with gaining that experience.
As a full service property management company, our team is responsible for taking care of all aspects of managing your rental(s).
How much rent can you get for your investment?
Our market analysis helps landlords and us make data-informed decisions about their rental property, including rate estimates and other information so they can invest and manage their investment property more wisely.
- Get Optimized Rental Value for Your Property
- Gain Crucial Insight into Current Market Conditions
- Determine Your Cashflow from Monthly Rental Value
Get In Touch With Us
Owner or Renter?
Why Hire Us Vs. Self-Managing
You’ll make more money – and spend less time maintaining your investment.
Some people assume that property management is expensive - but that’s not the case at all. You will actually make more money in the long run due to better quality tenants that stay longer and less damage or repairs to deal with.
Eliminate the constant run around & stress.
It is a full time job dealing with repairs, complaints, collecting rent and coordinating vendors. Transferring these responsibilities to a good property manager allows you to enjoy the benefits without spending all your free time working.
Better screening process = better tenants.
Because of our application tools and extensive resources, we can screen more tenants, and with more filters, ensuring you get the best renter for your investment. We often have a waiting list of potential renters and our eviction rate is extremely low.
Free ConsultSeamless Property Management...
Marketing
Marketing is key to successful rentals. We provide an expert market analysis for each property we manage to maximize your return on investment.
Tenant Screening
We conduct extensive screening on all tenants and handle every aspect of getting your investment rented in the shortest time possible.
Rent Collection
We make sure you get paid on time, every time. You no longer have to worry about rent showing up in your bank account.
Maintenance
We conduct inspections upon move-in and move-out and ensure all maintenance issues are addressed in a timely manner.
Financials
With our detailed financial reporting tools and online owner portal, it's never been easier to keep tabs on your investment.
Eviction Protection
In the unfortunate event that a tenant needs to be evicted from your rental, we will shield you from the stress and re-rent the property promptly.
...Stress-Free Ownership
Contact UsOur Client Reviews Speak For Themselves
MasterKey Property Management"Highly recommend MasterKey Property Management for anyone looking for property management in Raleigh. Sierra was absolutely incredible in helping us set up everything to rent out our property. Frank and his team then took over to get the property ready for rent. The whole team's expertise and responsiveness made the entire process smooth, efficient, and stress-free. Great teamwork!"
MasterKey Property Management"Robert (and his team at MasterKey) has managed my house for the past 6 years. It's been a stress free experience. He is grounded, responsive, and has never delivered any surprises. I can rely on him to find good tenants.""
MasterKey Property Management"I have leased through MasterKey for several years. They are very responsive and courteous with any maintenance requests. Pete, the in-house handyman, has been great to work with every time he's been over."
MasterKey Property Management"I have been with Masterkey Property Management for 5 years now and am very happy with their service. They promptly respond to queries and issues and are very good about keeping me informed of what is going on with my rental property. I highly recommend them."
MasterKey Property Management"We have 3 properties managed by Masterkey, and they have been fantastic to work with. Quick to respond, handle tenant issues, quick turnaround when finding new renters. Very easy to file taxes with the records they keep and their user portal is very easy to use."
MasterKey Property Management"Masterkey Property Management is a great company for both renters and landlords. Their attention to detail and responsiveness is unmatched. They take the stress out of property management so that everyone can rest easy knowing everything will be taken care of."
Our Guarantees
Happiness Guarantee
If, for any reason, you are not completely satisfied with our services and choose to end your relationship with MasterKey Property Management, you may cancel your Property Management Agreement without penalty beginning six (6) months after the start of the initial lease term, with sixty (60) days’ written notice. This guarantee is contingent upon all outstanding invoices being paid in full by the final day of management.
Eviction Guarantee
If a tenant placed by MasterKey Property Management must be evicted due to non-payment of rent, we will cover the court filing fees and attorney costs associated with the Summary Ejectment (eviction) hearing in County Magistrate Court.
Pet Damage Guarantee
For properties where MasterKey Property Management placed the tenant(s) with approved pets, we will cover up to $2,000 in pet-related damage beyond the security deposit.
Each approved pet is subject to a $300 non-refundable pet move-in fee, which is paid directly to the property owner. This is not applicable for animals covered under the Americans With Disabilities Act (ADA) or Federal Fair Housing Regulations that cover Assistance Animals/Emotional Support Animals (ESA).
Resident Retention Guarantee
If a tenant placed by MasterKey Property Management breaks their lease during the initial lease term, we will replace the tenant at no additional cost—no lease-up fee applies.
This guarantee does not apply to:
- Tenants who terminate a lease due to military service
- Tenants who are victims of domestic violence and legally request lease termination
- Tenants who remain in compliance with the lease by paying the required lease-breaking fees
On-Time Rent Guarantee
We guarantee that your owner distribution will be paid no later than ten (10) business days after rent is due, accounting for the State of North Carolina–required grace period. If we miss this timeline, you will receive one month of free management fees.
Results Guarantee
MasterKey Property Management will not charge the owner any money for property management services until a tenant moves in and starts paying rent. We don't get paid until the owner gets paid.
Early Termination of Lease by Tenant Guarantee
If any tenant vetted and approved by Agent terminates their lease during the initial lease term, Agent will find a substitute tenant at no additional cost to Owner, unless the lease is being terminated due to a legal military service exclusion, domestic violence exclusion, or if the tenants pay a lease termination fee.
Why Invest In , NC
Is One of the Triangle's Most Established, High-Demand Rental Markets
has grown from a quiet Raleigh suburb into North Carolina's seventh-largest city, anchored by a highly educated workforce, top-ranked schools, and direct access to Research Triangle Park. Unlike newer satellite towns still building out infrastructure, offers investors a mature, amenity-rich market with a long track record of steady appreciation and low tenant turnover. Its position between Raleigh and Durham makes it one of the most consistently in-demand rental markets in the Triangle.
at a Glance:
- Population grew from 135,234 in 2010 to 174,721 at the 2020 Census, and now sits at roughly 183,600, making the 7th-largest city in North Carolina. (Source: U.S. Census Bureau QuickFacts)
- Minutes from Research Triangle Park and Raleigh-Durham International Airport, with I-40 and NC-540 (Triangle Expressway) providing direct commuter access across the region. (Source: Town of )
- Median home price near $645,000, reflecting sustained demand and steady 2-4% annual appreciation.
- Single-family 3-bedroom rentals in run about $2,200–$2,300/month, holding steady even as new supply comes online.
- Downtown is anchored by Fenton, a nearly $1 billion, 92-acre mixed-use development, and the 7-acre Downtown Park, which opened in November 2023. (Source: Town of )
Curious what your property could rent for? Get a free rental analysis.
Named Local Employers Driving Rental Demand
is home to two of the Triangle's most recognizable corporate headquarters: SAS Institute, the world's largest privately held software company, and Epic Games, maker of Fortnite. Its proximity to Research Triangle Park also puts renters minutes from IBM, Cisco, and Fidelity Investments, giving one of the highest concentrations of stable, high-income tenants in the region.
Neighborhoods and Submarkets
- Preston (North ): A master-planned community near RTP that draws stable, long-tenured professional tenants, consistently one of 's highest-demand rental pockets for single-family homes.
- Amberly: One of 's largest mixed-use communities, in south-central near US-1 and Kildaire Farm Road, spanning 1,100+ acres with homes ranging from townhomes to estates, popular with both families and investors.
- Downtown : The Triangle's most walkable suburban core, undergoing rapid redevelopment around Fenton and Downtown Park, with strong upside for investors positioning ahead of continued growth.
- MacGregor Downs: A roughly 400-acre golf-course community with mature landscaping and quick access to US-1/64, established, move-in-ready homes that attract a reliable, low-turnover tenant base.
- Lochmere: Subdivisions built around lakes and greenways near Koka Booth Amphitheatre, where walkability and natural amenities support strong long-term tenant retention.
- Kildaire Farm: Wooded trails and convenient shopping at Waverly Place, drawing steady mid-range rental demand from young professionals and families.
- Weston: Newer construction near Lake Crabtree and Park West Village, popular with the tech and biotech workforce for its short commute to RTP.
- Carpenter Village: Top-rated schools and a walkable main-street feel near Davis Drive employers, consistently strong demand from school-driven family renters.
Growth Drivers Fueling Long-Term Demand
- Fenton, 's nearly $1 billion, 92-acre mixed-use district, continuing to add retail, office, hotel, and multifamily space.
- Marigold , a 126-unit mixed-income housing development near Fenton, on track for summer 2027 completion.
- Ongoing build-out of the Complete 540 project, extending the Triangle Expressway outer loop and improving regional commute access across the Triangle.
- Continued expansion of Research Triangle Park and its technology, biotech, and life sciences employers.
- Continued redevelopment of Downtown following the November 2023 opening of Downtown Park.
Investor FAQ
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Why is attractive to investors right now?
pairs a large, high-income tenant base with limited land for new single-family construction, backed by major employers like SAS and Epic Games and billion-dollar redevelopment projects like Fenton. That combination keeps vacancy low and demand consistent. -
Is an appreciation market or a cash-flow market?
Primarily appreciation. With a median home price near $645,000, cap rates run tighter than surrounding counties, but steady 2-4% annual appreciation and low vacancy make a strong long-term equity play. -
Can MasterKey manage my property if I don't live in or North Carolina?
Yes. Many of our owners live out of state. Our AppFolio-powered owner portal, detailed financial reporting, and local team handle everything on the ground so you can manage your investment remotely.