Metropolitan Area

Roanoke Rapids, NC

North Carolina0
84
/100
Strong Buy
#2 of 894 metros
Top 0% nationally for investing

Market Snapshot

$107,523
Median Home Price
58% below national median
$1,077/mo
Median Rent
22% below national median
12.02%
Rent-to-Price Ratio
Top 1% nationally
+$104
Est. Monthly Cash Flow
With 20% down at 7.4% rate

Home values and rents: available snapshot

Only one observation is stored for Roanoke Rapids, NC. A historical trend cannot be calculated from this snapshot.

Typical home value (ZHVI)
$107,523
Source period: 2026-05-31
Monthly rent index (ZORI)
$1,077
Source period: 2026-05-31

Stored snapshot: 2026-06-29. Source dates describe the underlying observations, not today’s market.

Quick Investment Calculator

20%
5%50%100%

Purchase

Purchase Price$107,523
Down Payment (20%)$21,505
Loan Amount$86,018
Interest Rate7.40%

Monthly Cash Flow

Gross Rent+$1,077
Monthly P&I-$596
Est. Expenses (35%)-$377
Net Cash Flow+$104/mo
7.8%
Cap Rate (all cash)
5.0%
Cash-on-Cash Return
12.02%
Rent-to-Price Ratio

* Based on metro-wide median values. 35% expenses include taxes, insurance, maintenance, vacancy, and property management. Individual counties and properties vary significantly.

Score Breakdown

Overall Investment Score
84/100
84
Cash Flow(30%)
100/100

Based on 12.02% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)
86/100

Based on 5.0% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)
50/100

Based on 0.0% population growth. Growing areas indicate economic stability.

Affordability(20%)
100/100

Based on price relative to estimated local incomes.

Scores are calculated using real Zillow metro-level home value and rent data, Census population data, and economic indicators. The weighted average produces the overall investment score. This metro score represents area-wide averages; individual counties may vary significantly.

Investment Outlook

Strengths

  • +Above-average rent-to-price ratio (12.02%)
  • +Strong price appreciation (+5.0% YoY)
  • +Positive cash flow potential (+$104/mo)
  • +Affordable relative to local incomes

Challenges

No significant challenges identified based on current data.

Counties in Roanoke Rapids, NC

County data is being compiled for this metro area.

Compare to Similar Metros

Metro AreaVerdict
Coffeyville, KS
Coffeyville, KS
85$101,366$86210.20%Strong BuyView
Current
Roanoke Rapids, NC
84$107,523$1,07712.02%Strong Buy
Blytheville, AR
Blytheville, AR
84$115,156$1,06411.08%Strong BuyView
Big Spring, TX
Big Spring, TX
83$150,742$1,34010.67%Strong BuyView
Enid, OK
Enid, OK
83$144,157$1,25010.40%Strong BuyView
Houghton, MI
Houghton, MI
83$194,696$1,73310.68%Strong BuyView

The Bottom Line

Strong BuyRoanoke Rapids, NC is a strong buy market with excellent fundamentals for buy-and-hold investors.

The Roanoke Rapids, NC metro area scores 84/100, ranking #2 of 894 US metros (top 0%). The 12.02% rent-to-price ratio meets the 1% monthly rent rule before expenses. This is a screening ratio, not a cash flow forecast. At current rates with 20% down, a median-priced property could generate approximately $104/month in cash flow.

Monthly Cash Flow
+$104/mo
Cap Rate
7.8%
Cash-on-Cash
5.8%

Ready to Invest in Roanoke Rapids, NC?

Use our investment calculators to run detailed numbers on specific properties, or explore individual counties for more targeted opportunities.