Investment Properties for Sale in Spartanburg, SC
Listed for sale 1 day ago
$ 354,999
ROI
25.5
Cash Flow/m
572- 4 Bed
- 3 Bath
- 2739 sft
Greenwood Plan, Everly Estates, Spartanburg, SC, 29306
Listed for sale 1 day ago
$ 238,000
ROI
26.5Cash Flow/m
443- 3 Bed
- 3 Bath
- 1476 sft
Bartow Plan, Mayfair Village, Spartanburg, SC, 29301
Listed for sale 1 day ago
$ 297,900
ROI
24.0Cash Flow/m
354- 5 Bed
- 3 Bath
- 2352 sft
Paisley Plan, Creek Ridge - Heritage Collection, Spartanburg, SC, 29301
Listed for sale 1 day ago
$ 207,499
ROI
29.5Cash Flow/m
565- 3 Bed
- 3 Bath
- 1423 sft
912 Mahaffey Ct, Spartanburg, SC, 29301
Why Invest in Spartanburg, South Carolina?
Spartanburg, SC offers strong investment potential with steady home value growth around 1.7-2% annually. Rental yields average 6-7% driven by manufacturing jobs and population stability. Cap rates hover at 7-8% with average rents near $1,300 monthly. Appreciation remains consistent at 1.5-3%, supported by regional economic expansion. Investor cash flow averages $250-400 per property amid low vacancy trends.
8.5%
Avg. ROI
6.8%
Rental Yield
7.5%
Cap Rate
$325/mo
Avg. Cash Flow
$1334/mo
Avg. Rent
1.7%
1Y Appreciation
Frequently Asked Questions
Rental yields average 6-7% based on current market rents around $1,300 monthly and home values near $230,000. This supports positive cash flow for investors. Yields vary by property type and location.
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