Is Vance County, NC good for real estate investing?

Vance County has an investment score of 55/100, rated as "Hold". The county ranks #665 nationally among 1000 counties analyzed.

What is the rent-to-price ratio in Vance?

The rent-to-price ratio in Vance County is 6.17% annually, which ranks in the 55th percentile nationally. Higher ratios indicate better cash flow potential.

What is the median home price in Vance?

The median home price in Vance County is $182,064. This ranks #162 in affordability among all US counties.

Can you cash flow on rental properties in Vance?

Based on median values with 20% down at current rates, a typical rental in Vance County would generate negative cash flow of $346/month. Individual property performance varies based on purchase price, rent, and operating expenses.

Vance County

North CarolinaPopulation: 42,492

/100

Hold

#665 of 1,000 counties

#48 in North Carolina (100 counties)

Market Snapshot

$182,064

Median Home Price

33% below national median

$936/mo

Median Rent

38% below national median

6.17%

Rent-to-Price Ratio

Top 45% nationally

-$346

Est. Monthly Cash Flow

With 20% down at 6.9% rate

Price History

Trend based on YoY growth rate. Source: Zillow ZHVI/ZORI

Quick Investment Calculator

Down Payment20%

5%50%100%

Purchase

Purchase Price$182,064

Down Payment (20%)$36,413

Loan Amount$145,651

Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$936

Monthly P&I-$954

Est. Expenses (35%)-$328

Net Cash Flow-$346/mo

4.0%

Cap Rate (all cash)

-9.9%

Cash-on-Cash Return

6.17%

Rent-to-Price Ratio

Negative leverage: At 6.85% rates, borrowing costs exceed the 4.0% cap rate. All-cash buyers may see better returns.

* Based on county median values. 35% expenses include taxes, insurance, maintenance, vacancy, and property management. Actual results vary by property.

Run Full Analysis Try House Hack Strategy

Score Breakdown

Overall Investment Score

55/100

Cash Flow(30%)

62/100

Based on 6.17% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)

38/100

Based on -2.4% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)

50/100

Population data not available.

Affordability(20%)

74/100

Price-to-income ratio of 3.8x. Lower ratios indicate more affordable markets.

Scores are calculated using real Zillow home value and rent data, Census population data, and economic indicators. The weighted average produces the overall investment score. Markets with missing rent data use estimated values based on regional averages.

Investment Outlook

Strengths

+Affordable relative to local incomes
+Complete rent data available

Challenges

-Declining home values (-2.4% YoY)
-Negative cash flow at typical financing (-$346/mo)
-Negative leverage (cap rate 4.0% < mortgage rate 6.9%)

Economic Indicators

Population

42,492

Median Income

$48,340

vs $62,400 national est.

Unemployment Rate

—

Data pending

Price-to-Income

3.8x

Moderately affordable

Compare to Nearby Counties

County					Verdict
LincolnNC	56	$396,190	$1,690	5.12%	Hold	View
CurrentVanceNC	55	$182,064	$936	6.17%	Hold
JohnstonNC	55	$338,752	$1,810	6.41%	Hold	View
FranklinNC	55	$354,406	$1,782	6.03%	Hold	View
StanlyNC	55	$295,055	Est. pending	—	Hold	View
IredellNC	54	$381,299	$1,703	5.36%	Hold	View

The Bottom Line

HoldVance is a neutral market. Consider house hacking or targeting below-market deals.

Vance County in North Carolina scores 55/100, ranking #665 of 1,000 US counties (top 66%). The 6.17% rent-to-price ratio indicates moderate cash flow potential. Current market conditions make traditional buy-and-hold investing challenging. Consider house hacking, value-add strategies, or all-cash purchases.

Monthly Cash Flow

$-346/mo

Cap Rate

4.0%

Cash-on-Cash

-9.9%

Ready to Analyze a Deal in Vance?

Use our investment calculators to run detailed numbers on specific properties.

Single Family1-4 unit rentals, BRRRR House HackOwner-occupied strategy Multifamily5+ unit properties

Explore Other Markets

Quick Investment Calculator

Down Payment20%

5%50%100%

Purchase

Purchase Price$182,064

Down Payment (20%)$36,413

Loan Amount$145,651

Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$936

Monthly P&I-$954

Est. Expenses (35%)-$328

Net Cash Flow-$346/mo

4.0%

Cap Rate (all cash)

-9.9%

Cash-on-Cash Return

6.17%

Rent-to-Price Ratio

Negative leverage: At 6.85% rates, borrowing costs exceed the 4.0% cap rate. All-cash buyers may see better returns.

* Based on county median values. 35% expenses include taxes, insurance, maintenance, vacancy, and property management. Actual results vary by property.

Run Full Analysis Try House Hack Strategy

Score Breakdown

Overall Investment Score

55/100

Cash Flow(30%)

62/100

Based on 6.17% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)

38/100

Based on -2.4% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)

50/100

Population data not available.

Affordability(20%)

74/100

Price-to-income ratio of 3.8x. Lower ratios indicate more affordable markets.

County

Verdict

LincolnNC

$396,190

$1,690

5.12%

Hold

View

CurrentVanceNC

$182,064

$936

6.17%

Hold

JohnstonNC

$338,752

$1,810

6.41%

Hold

View

FranklinNC

$354,406

$1,782

6.03%

Hold

View

StanlyNC

$295,055

Est. pending

—

Hold

View

IredellNC

$381,299

$1,703

5.36%

Hold

View

The Bottom Line

HoldVance is a neutral market. Consider house hacking or targeting below-market deals.

Monthly Cash Flow

$-346/mo

Cap Rate

4.0%

Cash-on-Cash

-9.9%