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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Spartanburg, SC
Listed for sale 1 day ago
$ 179,900
ROI
25.5
Cash Flow/m
289- 3 Bed
- 3 Bath
- 1656 sft
101 Fernridge Dr, Spartanburg, SC, 29307
Listed for sale 2 days ago
$ 169,000
ROI
19.8Cash Flow/m
3- 3 Bed
- 2 Bath
- 1617 sft
1 Forest Oaks Way, Spartanburg, SC, 29307
Listed for sale 2 days ago
$ 319,900
ROI
27.6Cash Flow/m
698- 3 Bed
- 3 Bath
- 2070 sft
181 Riverrun Dr, Spartanburg, SC, 29303
Listed for sale 2 days ago
$ 204,900
ROI
29.7Cash Flow/m
565- 3 Bed
- 2 Bath
- 1136 sft
128 Belle Flower Ct, Spartanburg, SC, 29303
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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