REI Lense

REI Lense

Spartanburg, SC Mid-Term Rental Analysis

Analyze rental property cap rates, cash-on-cash returns, and cashflow for mid-term rental investments in Spartanburg, SC. Based on 20+ datapoints.

Spartanburg, SC Mid-Term Rental Investment Snapshot

Based on 20+ mid-term rental datapoints

Median Cap Rate

6.4%

Avg Cash on Cash

-0.8%

Median Cashflow

-$16/mo

Avg Rent Estimate

$2,687/mo

Avg Price

$287,288

Price Range

$198,900 - $395,000

Rent to Price

0.94%

okay ratio

Positive Cashflow

43%

of analyzed properties

Recent real estate investor listings analysed as mid-term rental deals in Spartanburg, SC

Spartanburg, SC is an emerging mid-term rental market gaining attention from investors who want LTR-style stability with stronger furnished-rent premiums. With 20+ analyzed datapoints, early metrics suggest opportunity to enter before MTR inventory matures. Current average cash-on-cash returns sit at -0.8%.

Across 20+ analyzed properties, Spartanburg, SC mid-term rental investments show a median monthly cashflow of -$16 with average furnished rent estimates of $2,687/month. These figures reflect real property data, not projections.

130 N River Hills Dr, Spartanburg, SC 29303

Price

$328,900

Rent

$2,876

CachFlow

-$411

CoC

-5.66

Full Analysis

429 Ambiance Ct, Spartanburg, SC 29301

Price

$324,900

Rent

$3,028

CachFlow

$36

CoC

0.5

Full Analysis

494 Royal Oak Dr, Spartanburg, SC 29302

Price

$299,900

Rent

$2,906

CachFlow

$108

CoC

1.6

Full Analysis

590 Cherry Hill Rd, Spartanburg, SC 29307

Price

$224,500

Rent

$2,571

CachFlow

$355

CoC

6.54

Full Analysis

1038 Hunter Green Ln, Spartanburg, SC 29302

Price

$269,600

Rent

$2,730

CachFlow

$20

CoC

0.32

Full Analysis
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Spartanburg, SC Mid-Term Rental Market Insights

  • Median cashflow is -$16/month — careful deal selection is essential here
  • 6.4% median cap rate reflects a balanced risk-return profile
  • 43% positive cashflow rate means roughly two in five properties are cash-flow positive
  • Moderately priced market with properties from $198,900 to $395,000
  • Early-stage market data — revisit as more properties are analyzed for stronger signals

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