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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Townhouse Investment Properties for Sale in Spartanburg, SC
Listed for sale 2 days 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 3 days ago
$ 195,905
ROI
27.6Cash Flow/m
429- 3 Bed
- 3 Bath
- 1518 sft
1295 Forestbrook Ln, Spartanburg, SC, 29303
Listed for sale 3 days ago
$ 186,820
ROI
29.0Cash Flow/m
483- 3 Bed
- 3 Bath
- 1518 sft
1297 Forestbrook Ln, Spartanburg, SC, 29303
Listed for sale 3 days ago
$ 223,990
ROI
24.9Cash Flow/m
321- 3 Bed
- 3 Bath
- 1616 sft
506 W Norvell Ct, Spartanburg, SC, 29307
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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