Is Rockingham County, NC good for real estate investing?

Rockingham County has an investment score of 61/100, rated as "Buy". The county ranks #298 nationally among 1000 counties analyzed.

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

The rent-to-price ratio in Rockingham County is 7.83% annually, which ranks in the 89th percentile nationally. Higher ratios indicate better cash flow potential.

What is the median home price in Rockingham?

The median home price in Rockingham County is $189,085. This ranks #317 in affordability among all US counties.

Can you cash flow on rental properties in Rockingham?

Based on median values with 20% down at current rates, a typical rental in Rockingham County would generate negative cash flow of $189/month. Individual property performance varies based on purchase price, rent, and operating expenses.

Rockingham County

North CarolinaPopulation: 91,209Greensboro, NC Metro

/100

Buy

#298 of 1,000 counties

#18 in North Carolina (100 counties)

Market Snapshot

$189,085

Median Home Price

19% below national median

$1,235/mo

Median Rent

18% below national median

7.83%

Rent-to-Price Ratio

Top 11% nationally

-$189

Est. Monthly Cash Flow

With 20% down at 6.9% rate

Price History

Historical data from Zillow ZHVI/ZORI

Quick Investment Calculator

Down Payment20%

5%50%100%

Purchase

Purchase Price$189,085

Down Payment (20%)$37,817

Loan Amount$151,268

Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$1,235

Monthly P&I-$991

Est. Expenses (35%)-$432

Net Cash Flow-$189/mo

5.1%

Cap Rate (all cash)

-5.2%

Cash-on-Cash Return

7.83%

Rent-to-Price Ratio

Negative leverage: At 6.85% rates, borrowing costs exceed the 5.1% 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

61/100

Cash Flow(30%)

78/100

Based on 7.83% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)

41/100

Based on -1.8% 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 3.7x. 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

+Above-average rent-to-price ratio (7.83%)
+Affordable relative to local incomes
+Complete rent data available

Challenges

-Declining home values (-1.8% YoY)
-Negative leverage (cap rate 5.1% < mortgage rate 6.9%)

Economic Indicators

Population

91,209

Median Income

$50,737

vs $57,018 national est.

Unemployment Rate

—

Data pending

Price-to-Income

3.7x

Moderately affordable

Compare to Nearby Counties

County					Verdict
CurrentRockinghamNC	61	$189,085	$1,235	7.83%	Buy
CumberlandNC	61	$227,591	$1,422	7.50%	Buy	View
SurryNC	60	$220,321	Est. pending	—	Buy	View
GastonNC	60	$291,814	$1,653	6.80%	Buy	View
WilsonNC	59	$216,344	$1,262	7.00%	Hold	View
ForsythNC	59	$277,643	$1,545	6.68%	Hold	View

The Bottom Line

BuyRockingham offers solid investment potential with good cash flow or appreciation prospects.

Rockingham County in North Carolina scores 61/100, ranking #298 of 1,000 US counties (top 39%). The 7.83% rent-to-price ratio indicates moderate cash flow potential.

Monthly Cash Flow

$-189/mo

Cap Rate

5.1%

Cash-on-Cash

-5.2%

Ready to Analyze a Deal in Rockingham?

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$189,085

Down Payment (20%)$37,817

Loan Amount$151,268

Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$1,235

Monthly P&I-$991

Est. Expenses (35%)-$432

Net Cash Flow-$189/mo

5.1%

Cap Rate (all cash)

-5.2%

Cash-on-Cash Return

7.83%

Rent-to-Price Ratio

Negative leverage: At 6.85% rates, borrowing costs exceed the 5.1% 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

61/100

Cash Flow(30%)

78/100

Based on 7.83% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)

41/100

Based on -1.8% 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 3.7x. Lower ratios indicate more affordable markets.

County

Verdict

CurrentRockinghamNC

$189,085

$1,235

7.83%

Buy

CumberlandNC

$227,591

$1,422

7.50%

Buy

View

SurryNC

$220,321

Est. pending

—

Buy

View

GastonNC

$291,814

$1,653

6.80%

Buy

View

WilsonNC

$216,344

$1,262

7.00%

Hold

View

ForsythNC

$277,643

$1,545

6.68%

Hold

View

The Bottom Line

BuyRockingham offers solid investment potential with good cash flow or appreciation prospects.

Rockingham County in North Carolina scores 61/100, ranking #298 of 1,000 US counties (top 39%). The 7.83% rent-to-price ratio indicates moderate cash flow potential.

Monthly Cash Flow

$-189/mo

Cap Rate

5.1%

Cash-on-Cash

-5.2%