I own a 9 unit apt building in Hickory. The area I'm in is pretty decent and I'm in the process of raising my rents as they were all priced severely under market when I acquired the building. I am getting $650/mo for a 700 sqft one bedroom with electricity included (due to a split meter situation). I am about to list a two bedroom, 1000 sqft for $700, electricity not included. There are some areas I would stay away from and $350/mo sounds like one of them. If you PM me the address I can advise you.