SPARTANBURG Investment Analysis

Investment Property in SPARTANBURG, SC

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SPARTANBURG, SC Real Estate Investment Performance

PROPERTY SALE PRICE

$236,878

Median

1,945

Avg/Sq.ft.
CASH ON CASH RETURN

6.00%

Traditional

2.00%

Airbnb
NUMBER OF PROPERTIES

366

Investment

739

Airbnb

33

Traditional

23%

Airbnb occupancy rate

Redfin Housing market insights powered by Redfin

117

Number of homes sold

61

Median days on market

98%

Average sale-to-list price ratio

41%

Percentage of listings with price drops

366

Active listings count

203

New listings count

5.2

Months of supply

SPARTANBURG, SC Properties Rental Prices

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Investment Properties for Sale in SPARTANBURG, SC

Investment Properties for Sale
$109,900
MLS 338837
Duncan Park
Other
3 beds 1 baths 936 sq.ft.
CAP RATE Trad. 9.06% Airbnb 10.12%
Investment Properties for Sale
$150,000
MLS 336789
Washington Heights
Single Family Residential
4 beds 2 baths 1,152 sq.ft.
CAP RATE Trad. 9.92% Airbnb 9.50%
Investment Properties for Sale
$115,360
MLS 337855
Duncan Park
Other
3 beds 1 baths 1,134 sq.ft.
CAP RATE Trad. 10.48% Airbnb 9.33%
Investment Properties for Sale
$169,900
MLS 20303067
Duncan Park
Manufactured Home
3 beds 2 baths N/A sq.ft.
CAP RATE Trad. 7.94% Airbnb 6.89%
Investment Properties for Sale
$169,900
MLS 1592133
Duncan Park
Manufactured Home
3 beds 2 baths 1,296 sq.ft.
CAP RATE Trad. 8.36% Airbnb 6.86%
Investment Properties for Sale
$115,000
MLS 336691
Forest Park
Other
3 beds 2 baths 1,168 sq.ft.
CAP RATE Trad. 11.69% Airbnb 6.76%
Investment Properties for Sale
$169,000
MLS 1595803
Duncan Park
Single Family Residential
3 beds 2 baths 1,025 sq.ft.
CAP RATE Trad. 6.35% Airbnb 6.64%
Investment Properties for Sale
$94,900
MLS 337465
Washington Heights
Single Family Residential
3 beds 1 baths 840 sq.ft.
CAP RATE Trad. 11.04% Airbnb 6.65%

Single Family Houses for Sale in SPARTANBURG, SC

Investment Properties for Sale
$150,000
MLS 336789
Washington Heights
Single Family Residential
4 beds 2 baths 1,152 sq.ft.
CAP RATE Trad. 9.92% Airbnb 9.50%
Investment Properties for Sale
$169,000
MLS 1595803
Duncan Park
Single Family Residential
3 beds 2 baths 1,025 sq.ft.
CAP RATE Trad. 6.35% Airbnb 6.64%
Investment Properties for Sale
$94,900
MLS 337465
Washington Heights
Single Family Residential
3 beds 1 baths 840 sq.ft.
CAP RATE Trad. 11.04% Airbnb 6.65%
Investment Properties for Sale
$154,900
MLS 337570
South Converse
Single Family Residential
3 beds 2 baths 1,411 sq.ft.
CAP RATE Trad. 8.48% Airbnb 6.41%
Investment Properties for Sale
$209,000
MLS 335213
Washington Heights
Single Family Residential
4 beds 1 baths 1,261 sq.ft.
CAP RATE Trad. 5.20% Airbnb 6.30%
Investment Properties for Sale
$169,000
MLS 1595804
Duncan Park
Single Family Residential
3 beds 1 baths 1,074 sq.ft.
CAP RATE Trad. 6.17% Airbnb 6.30%
Investment Properties for Sale
$175,000
MLS 1595802
Duncan Park
Single Family Residential
3 beds 2 baths 1,074 sq.ft.
CAP RATE Trad. 6.75% Airbnb 6.29%
Investment Properties for Sale
$209,000
MLS 1587561
Washington Heights
Single Family Residential
4 beds 1 baths 1,261 sq.ft.
CAP RATE Trad. 4.84% Airbnb 6.22%

Condos for Sale in SPARTANBURG, SC

Investment Properties for Sale
$100,000
MLS 1595915
Saxon
Condo/Coop
2 beds 2 baths 992 sq.ft.
CAP RATE Trad. 10.71% Airbnb 6.42%
Investment Properties for Sale
$100,000
MLS 338805
Saxon
Condo/Coop
2 beds 2 baths 992 sq.ft.
CAP RATE Trad. 6.98% Airbnb 6.18%
Investment Properties for Sale
$165,900
MLS 1591984
Hillcrest
Condo/Coop
3 beds 3 baths 1,656 sq.ft.
CAP RATE Trad. 8.26% Airbnb 5.11%
Investment Properties for Sale
$130,000
MLS 334971
Saxon
Condo/Coop
3 beds 3 baths 1,298 sq.ft.
CAP RATE Trad. 10.74% Airbnb 4.64%
Investment Properties for Sale
$175,000
MLS 335336
Hillcrest
Condo/Coop
3 beds 3 baths 1,647 sq.ft.
CAP RATE Trad. 6.60% Airbnb 3.47%
Investment Properties for Sale
$175,000
MLS 338444
Hillcrest
Condo/Coop
3 beds 3 baths 1,876 sq.ft.
CAP RATE Trad. 6.65% Airbnb 2.95%
Investment Properties for Sale
$129,900
MLS 338440
Southern Shops
Condo/Coop
2 beds 2 baths 1,328 sq.ft.
CAP RATE Trad. 11.05% Airbnb 2.95%
Investment Properties for Sale
$129,900
MLS 338439
Southern Shops
Condo/Coop
2 beds 2 baths 1,427 sq.ft.
CAP RATE Trad. 10.90% Airbnb 2.95%

Townhouses for Sale in SPARTANBURG, SC

Investment Properties for Sale
$169,900
MLS 333078
Duncan Park
Townhouse
3 beds 3 baths 1,689 sq.ft.
CAP RATE Trad. 9.61% Airbnb 6.30%
Investment Properties for Sale
$209,990
MLS 334627
Duncan Park
Townhouse
3 beds 3 baths 1,417 sq.ft.
CAP RATE Trad. 6.91% Airbnb 5.00%
Investment Properties for Sale
$144,000
MLS 1584739
Hillcrest
Townhouse
3 beds 3 baths 1,650 sq.ft.
CAP RATE Trad. 10.45% Airbnb 4.92%
Investment Properties for Sale
$194,999
MLS 337543
Hillcrest
Townhouse
3 beds 3 baths 1,452 sq.ft.
CAP RATE Trad. 8.40% Airbnb 4.78%
Investment Properties for Sale
$180,000
MLS 1587633
Hillcrest
Townhouse
3 beds 3 baths 1,288 sq.ft.
CAP RATE Trad. 8.08% Airbnb 4.33%
Investment Properties for Sale
$213,999
MLS 333281
Hillcrest
Townhouse
3 beds 3 baths 1,674 sq.ft.
CAP RATE Trad. 8.20% Airbnb 4.27%
Investment Properties for Sale
$214,999
MLS 335787
Hillcrest
Townhouse
3 beds 3 baths 1,628 sq.ft.
CAP RATE Trad. 8.17% Airbnb 4.25%
Investment Properties for Sale
$189,500
MLS 1585137
Hillcrest
Townhouse
3 beds 3 baths 1,748 sq.ft.
CAP RATE Trad. 8.69% Airbnb 4.17%

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Airbnb Vacation Rentals in SPARTANBURG, SC

The Cottage in Spartanburg
$79 per night Airbnb occupancy rate 59%
Entire guesthouse 1 · 1 · 2
Rental Income: $1,413 per month
4.99
487
Clean & Affordable 3BR House in Dwntwn Spartanburg
$129 per night Airbnb occupancy rate 24%
House 3 · 1 · 6
Rental Income: $925 per month
4.77
444
Guest Favorite - Walkable to all of Downtown
$166 per night Airbnb occupancy rate 33%
Entire townhouse 2 · 2.5 · 7
Rental Income: $1,660 per month
4.97
312
Downtown 1930s 2 BR home - free cancellations
$150 per night Airbnb occupancy rate 43%
Entire townhouse 2 · 1 · 4
Rental Income: $1,950 per month
4.81
297
Charming Teal House in downtown Spartanburg
$171 per night Airbnb occupancy rate 21%
House 3 · 2 · 8
Rental Income: $1,083 per month
4.9
284
Downtown Spartanburg - Morgan Square Apartment
$141 per night Airbnb occupancy rate 26%
Apartment 1 · 1 · 3
Rental Income: $1,128 per month
4.86
269
Featured in Spartanburg Magazine
$98 per night Airbnb occupancy rate 18%
Apartment 1 · 1 · 2
Rental Income: $523 per month
4.97
249
Colorful Downtown Historic Shingle 2BR Free Cancel
$157 per night Airbnb occupancy rate 25%
Entire townhouse 2 · 1.5 · 6
Rental Income: $1,217 per month
4.83
199

Real Estate Investment Analysis - Other Cities in south carolina

City Name Property price Cash on cash return Rental Income No. of Properties Airbnb Occupancy Rate
Median traditional Airbnb traditional Airbnb
Aiken $340,000 5% 2% $2,211 $1,760 807 23%
Spartanburg $262,900 6% 2% $1,995 $1,360 789 23%
Columbia $264,000 5% 2% $1,873 $1,561 611 28%
Beaufort $479,000 3% 1% $2,120 $1,540 560 22%
Anderson $299,900 5% 2% $1,966 $1,635 524 22%
Sumter $282,500 6% 2% $2,124 $1,322 437 26%
North Augusta $334,900 5% 1% $2,052 $1,101 417 15%
View all south carolina cities
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