VFD. Unless you have the parts lying around already you'll likely get close to the cost of a VFD trying to setup a RFC and a VFD is much easier to work with and takes up less room.
Worth noting that the VFD is pretty noisy (electronically) though, so if you have a CNC machine or electronics around the machine (computers, radio, etc) you could get noise issues. Not likely to be a big problem, but something to keep in mind.