Is Berkeley County, SC good for real estate investing?

Berkeley County has an investment score of 55/100, rated as "Hold". The county ranks #459 nationally among 1000 counties analyzed.

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

The rent-to-price ratio in Berkeley County is 6.31% annually, which ranks in the 59th percentile nationally. Higher ratios indicate better cash flow potential.

What is the median home price in Berkeley?

The median home price in Berkeley County is $365,648. This ranks #788 in affordability among all US counties.

Can you cash flow on rental properties in Berkeley?

Based on median values with 20% down at current rates, a typical rental in Berkeley County would generate negative cash flow of $667/month. Individual property performance varies based on purchase price, rent, and operating expenses.

Berkeley County

South CarolinaPopulation: 231,419

/100

Hold

#459 of 1,000 counties

#16 in South Carolina (46 counties)

Market Snapshot

$365,648

Median Home Price

57% above national median

$1,923/mo

Median Rent

27% above national median

6.31%

Rent-to-Price Ratio

Top 41% nationally

-$667

Est. Monthly Cash Flow

With 20% down at 6.9% rate

Price History

Historical data from Zillow ZHVI/ZORI

Quick Investment Calculator

Down Payment20%

5%50%100%

Purchase

Purchase Price$365,648

Down Payment (20%)$73,130

Loan Amount$292,518

Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$1,923

Monthly P&I-$1,917

Est. Expenses (35%)-$673

Net Cash Flow-$667/mo

4.1%

Cap Rate (all cash)

-9.5%

Cash-on-Cash Return

6.31%

Rent-to-Price Ratio

Negative leverage: At 6.85% rates, borrowing costs exceed the 4.1% 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

55/100

Cash Flow(30%)

63/100

Based on 6.31% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)

47/100

Based on -0.6% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)

50/100

Population data not available.

Affordability(20%)

60/100

Price-to-income ratio of 4.7x. 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

+Complete rent data available

Challenges

-Declining home values (-0.6% YoY)
-Negative cash flow at typical financing (-$667/mo)
-Negative leverage (cap rate 4.1% < mortgage rate 6.9%)

Economic Indicators

Population

231,419

Median Income

$77,874

vs $57,018 national est.

Unemployment Rate

—

Data pending

Price-to-Income

4.7x

Moderately affordable

Compare to Nearby Counties

County					Verdict
GreenvilleSC	58	$329,079	$1,598	5.83%	Hold	View
AndersonSC	57	$283,488	$1,350	5.72%	Hold	View
PickensSC	57	$298,959	$1,377	5.53%	Hold	View
CurrentBerkeleySC	55	$365,648	$1,923	6.31%	Hold
DorchesterSC	53	$343,638	$1,650	5.76%	Hold	View
NewberrySC	53	$204,682	Est. pending	—	Hold	View

The Bottom Line

HoldBerkeley is a neutral market. Consider house hacking or targeting below-market deals.

Berkeley County in South Carolina scores 55/100, ranking #459 of 1,000 US counties (top 61%). The 6.31% rent-to-price ratio indicates moderate cash flow potential. Current market conditions make traditional buy-and-hold investing challenging. Consider house hacking, value-add strategies, or all-cash purchases.

Monthly Cash Flow

$-667/mo

Cap Rate

4.1%

Cash-on-Cash

-9.5%

Ready to Analyze a Deal in Berkeley?

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$365,648

Down Payment (20%)$73,130

Loan Amount$292,518

Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$1,923

Monthly P&I-$1,917

Est. Expenses (35%)-$673

Net Cash Flow-$667/mo

4.1%

Cap Rate (all cash)

-9.5%

Cash-on-Cash Return

6.31%

Rent-to-Price Ratio

Negative leverage: At 6.85% rates, borrowing costs exceed the 4.1% 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

55/100

Cash Flow(30%)

63/100

Based on 6.31% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)

47/100

Based on -0.6% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)

50/100

Population data not available.

Affordability(20%)

60/100

Price-to-income ratio of 4.7x. Lower ratios indicate more affordable markets.

County

Verdict

GreenvilleSC

$329,079

$1,598

5.83%

Hold

View

AndersonSC

$283,488

$1,350

5.72%

Hold

View

PickensSC

$298,959

$1,377

5.53%

Hold

View

CurrentBerkeleySC

$365,648

$1,923

6.31%

Hold

DorchesterSC

$343,638

$1,650

5.76%

Hold

View

NewberrySC

$204,682

Est. pending

—

Hold

View

The Bottom Line

HoldBerkeley is a neutral market. Consider house hacking or targeting below-market deals.

Monthly Cash Flow

$-667/mo

Cap Rate

4.1%

Cash-on-Cash

-9.5%