Is Roanoke Rapids, NC a good place to invest in rental property?

Roanoke Rapids, NC has a median modeled monthly cash flow of $-432 and a median cap rate of 3.8%, on a median sold price of $171,500. Prices changed +3.8% year over year.

What is the average cap rate in Roanoke Rapids, NC?

The median cap rate across recently sold homes in Roanoke Rapids, NC is 3.8%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Roanoke Rapids, NC?

The median sold price in Roanoke Rapids, NC is $171,500 (about $122 per square foot).

Investing in Roanoke Rapids, NC Real Estate

A data-driven snapshot of the Roanoke Rapids, NC rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$171,500Median sold price

$122Median $/sqft

3.8%Median cap rate

$-432Modeled cash flow / mo

+3.8%Appreciation YoY

12.2Months of supply

141Active listings

139Sold (last 12 mo)

What the Roanoke Rapids numbers say

In Roanoke Rapids, NC, the median home sold for $171,500 (about $122 per square foot), and the typical deal models out to a 3.8% cap rate with a median $-432 of monthly cash flow. Sold prices moved +3.8% over the past year. Inventory sits at about 12.2 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other North Carolina markets to compare

See Roanoke Rapids cash-flowing listings

CashFlowRE ranks every for-sale home in Roanoke Rapids, NC by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Roanoke Rapids deals, or browse the national market data.