Under $500K Investment Properties for Sale in Spartanburg, SC

Why Invest in Spartanburg, South Carolina?

Discover Spartanburg, SC properties under $500k offering strong entry points for investors. Affordable homes here deliver solid **rental yields** around 7-8% with **cap rates** of 6-7%. Steady appreciation at 4-5% annually supports long-term growth. High renter occupancy near 45% ensures reliable cash flow. Proximity to manufacturing jobs boosts demand for budget rentals.

9.5%
Avg. ROI
7.8%
Rental Yield
6.5%
Cap Rate
$450/mo
Avg. Cash Flow
$1400/mo
Avg. Rent
4.2%
1Y Appreciation

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