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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
$ 324,500
ROI
22.3
Cash Flow/m
232- 3 Bed
- 3 Bath
- 2222 sft
1610 Chelmsford Ct, Spartanburg, SC, 29301
Listed for sale 1 day ago
$ 354,830
ROI
19.9Cash Flow/m
15- 4 Bed
- 3 Bath
- 2386 sft
1216 Fox Hollow St, Spartanburg, SC, 29301
Listed for sale 1 day ago
$ 354,830
ROI
20.5Cash Flow/m
72- 5 Bed
- 3 Bath
- 2364 sft
1216 Fox Hollow St, Spartanburg, SC, 29303
Listed for sale 1 day ago
$ 263,085
ROI
27.3Cash Flow/m
548- 3 Bed
- 3 Bath
- 1707 sft
9015 Margot Pl #87, Spartanburg, SC, 29307
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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