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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Townhouse Investment Properties for Sale in Spartanburg, SC
Airbnb Potential
Rental Income
Listed for sale 2 days ago
$ 210,000
ROI
34.3
Cash Flow/m
849- 3 Bed
- 3 Bath
- 1584 sft
232 Broadview Dr #A2, Spartanburg, SC, 29303
Listed for sale 6 days ago
$ 179,999
ROI
34.3Cash Flow/m
728- 3 Bed
- 3 Bath
- 1403 sft
913 Mahaffey Ct #Mp-78, Spartanburg, SC, 29301
Listed for sale 6 days ago
$ 181,999
ROI
33.9Cash Flow/m
717- 3 Bed
- 3 Bath
- 1423 sft
903 Mahaffey Ct #Mp-83, Spartanburg, SC, 29301
Listed for sale 6 days ago
$ 179,999
ROI
31.3Cash Flow/m
578- 3 Bed
- 3 Bath
- 1403 sft
913 Mahaffey Ct, Spartanburg, SC, 29301
Why Invest in Spartanburg, South Carolina?
Townhouses in Spartanburg, SC offer strong investment potential with steady appreciation and reliable rental demand. Average home values have risen 1.7% over the past year, reaching around $228K. Rental yields average 6-8% with cap rates near 7%, driven by a growing renter-occupied population at 38%. Cash flow remains positive at $300-500/month per unit, supported by local job growth and affordable entry prices.
8.5%
Avg. ROI
7.2%
Rental Yield
7.1%
Cap Rate
$425/mo
Avg. Cash Flow
$1334/mo
Avg. Rent
1.7%
1Y Appreciation
Frequently Asked Questions
Yes, townhouses offer solid rental yields around 7% with average rents of $1,334. Steady job growth from BMW and healthcare supports tenant demand. Appreciation at 1.7% adds long-term value.
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