Is Richland County, SC good for real estate investing?

Richland County has an investment score of 66/100, rated as "Buy". The county ranks #267 nationally among 1000 counties analyzed.

What is the rent-to-price ratio in Richland?

The rent-to-price ratio in Richland County is 7.75% annually, which ranks in the 89th percentile nationally. Higher ratios indicate better cash flow potential.

What is the median home price in Richland?

The median home price in Richland County is $238,959. This ranks #381 in affordability among all US counties.

Can you cash flow on rental properties in Richland?

Based on median values with 20% down at current rates, a typical rental in Richland County would generate negative cash flow of $249/month. Individual property performance varies based on purchase price, rent, and operating expenses.

Richland County

South CarolinaPopulation: 416,161

/100

Buy

#267 of 1,000 counties

#3 in South Carolina (46 counties)

Market Snapshot

$238,959

Median Home Price

13% below national median

$1,544/mo

Median Rent

3% above national median

7.75%

Rent-to-Price Ratio

Top 11% nationally

-$249

Est. Monthly Cash Flow

With 20% down at 6.9% rate

Price History

Trend based on YoY growth rate. Source: Zillow ZHVI/ZORI

Quick Investment Calculator

Down Payment20%

5%50%100%

Purchase

Purchase Price$238,959

Down Payment (20%)$47,792

Loan Amount$191,167

Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$1,544

Monthly P&I-$1,253

Est. Expenses (35%)-$540

Net Cash Flow-$249/mo

5.0%

Cap Rate (all cash)

-5.4%

Cash-on-Cash Return

7.75%

Rent-to-Price Ratio

Negative leverage: At 6.85% rates, borrowing costs exceed the 5.0% cap rate. All-cash buyers may see better returns.

* Based on county median values. 35% expenses include taxes, insurance, maintenance, vacancy, and property management. Actual results vary by property.

Run Full Analysis Try House Hack Strategy

Score Breakdown

Overall Investment Score

66/100

Cash Flow(30%)

78/100

Based on 7.75% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)

64/100

Based on 1.4% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)

50/100

Population data not available.

Affordability(20%)

70/100

Price-to-income ratio of 4.0x. Lower ratios indicate more affordable markets.

Scores are calculated using real Zillow home value and rent data, Census population data, and economic indicators. The weighted average produces the overall investment score. Markets with missing rent data use estimated values based on regional averages.

Investment Outlook

Strengths

+Above-average rent-to-price ratio (7.75%)
+Affordable relative to local incomes
+Complete rent data available

Challenges

-Negative cash flow at typical financing (-$249/mo)
-Negative leverage (cap rate 5.0% < mortgage rate 6.9%)

Economic Indicators

Population

416,161

Median Income

$59,850

vs $62,400 national est.

Unemployment Rate

—

Data pending

Price-to-Income

4.0x

Moderately affordable

Compare to Nearby Counties

County					Verdict
KershawSC	69	$249,065	$1,686	8.12%	Buy	View
CurrentRichlandSC	66	$238,959	$1,544	7.75%	Buy
AikenSC	65	$226,755	$1,467	7.76%	Buy	View
OrangeburgSC	64	$154,731	$1,184	9.18%	Buy	View
McCormickSC	63	$319,373	Est. pending	—	Buy	View
SpartanburgSC	62	$272,812	$1,436	6.32%	Buy	View

The Bottom Line

BuyRichland offers solid investment potential with good cash flow or appreciation prospects.

Richland County in South Carolina scores 66/100, ranking #267 of 1,000 US counties (top 27%). The 7.75% rent-to-price ratio indicates moderate cash flow potential.

Monthly Cash Flow

$-249/mo

Cap Rate

5.0%

Cash-on-Cash

-5.4%

Ready to Analyze a Deal in Richland?

Use our investment calculators to run detailed numbers on specific properties.

Single Family1-4 unit rentals, BRRRR House HackOwner-occupied strategy Multifamily5+ unit properties

Explore Other Markets

Quick Investment Calculator

Down Payment20%

5%50%100%

Purchase

Purchase Price$238,959

Down Payment (20%)$47,792

Loan Amount$191,167

Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$1,544

Monthly P&I-$1,253

Est. Expenses (35%)-$540

Net Cash Flow-$249/mo

5.0%

Cap Rate (all cash)

-5.4%

Cash-on-Cash Return

7.75%

Rent-to-Price Ratio

Negative leverage: At 6.85% rates, borrowing costs exceed the 5.0% cap rate. All-cash buyers may see better returns.

* Based on county median values. 35% expenses include taxes, insurance, maintenance, vacancy, and property management. Actual results vary by property.

Run Full Analysis Try House Hack Strategy

Score Breakdown

Overall Investment Score

66/100

Cash Flow(30%)

78/100

Based on 7.75% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)

64/100

Based on 1.4% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)

50/100

Population data not available.

Affordability(20%)

70/100

Price-to-income ratio of 4.0x. Lower ratios indicate more affordable markets.

County

Verdict

KershawSC

$249,065

$1,686

8.12%

Buy

View

CurrentRichlandSC

$238,959

$1,544

7.75%

Buy

AikenSC

$226,755

$1,467

7.76%

Buy

View

OrangeburgSC

$154,731

$1,184

9.18%

Buy

View

McCormickSC

$319,373

Est. pending

—

Buy

View

SpartanburgSC

$272,812

$1,436

6.32%

Buy

View

The Bottom Line

BuyRichland offers solid investment potential with good cash flow or appreciation prospects.

Richland County in South Carolina scores 66/100, ranking #267 of 1,000 US counties (top 27%). The 7.75% rent-to-price ratio indicates moderate cash flow potential.

Monthly Cash Flow

$-249/mo

Cap Rate

5.0%

Cash-on-Cash

-5.4%