Is Greenwood County, SC good for real estate investing?

Greenwood County has an investment score of 59/100, rated as "Hold". The county ranks #359 nationally among 1000 counties analyzed.

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

The rent-to-price ratio in Greenwood County is 7.46% annually, which ranks in the 84th percentile nationally. Higher ratios indicate better cash flow potential.

What is the median home price in Greenwood?

The median home price in Greenwood County is $169,085. This ranks #225 in affordability among all US counties.

Can you cash flow on rental properties in Greenwood?

Based on median values with 20% down at current rates, a typical rental in Greenwood County would generate negative cash flow of $203/month. Individual property performance varies based on purchase price, rent, and operating expenses.

Greenwood County

South CarolinaPopulation: 69,309

/100

Hold

#359 of 1,000 counties

#11 in South Carolina (46 counties)

Market Snapshot

$169,085

Median Home Price

28% below national median

$1,051/mo

Median Rent

30% below national median

7.46%

Rent-to-Price Ratio

Top 16% nationally

-$203

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$169,085

Down Payment (20%)$33,817

Loan Amount$135,268

Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$1,051

Monthly P&I-$886

Est. Expenses (35%)-$368

Net Cash Flow-$203/mo

4.8%

Cap Rate (all cash)

-6.3%

Cash-on-Cash Return

7.46%

Rent-to-Price Ratio

Negative leverage: At 6.85% rates, borrowing costs exceed the 4.8% 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

59/100

Cash Flow(30%)

75/100

Based on 7.46% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)

37/100

Based on -2.6% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)

50/100

Population data not available.

Affordability(20%)

77/100

Price-to-income ratio of 3.6x. 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 (7.46%)
+Affordable relative to local incomes
+Complete rent data available

Challenges

-Declining home values (-2.6% YoY)
-Negative cash flow at typical financing (-$203/mo)
-Negative leverage (cap rate 4.8% < mortgage rate 6.9%)

Economic Indicators

Population

69,309

Median Income

$47,553

vs $57,018 national est.

Unemployment Rate

—

Data pending

Price-to-Income

3.6x

Moderately affordable

Compare to Nearby Counties

County					Verdict
OconeeSC	60	$279,544	$1,501	6.44%	Buy	View
CurrentGreenwoodSC	59	$169,085	$1,051	7.46%	Hold
EdgefieldSC	59	$260,554	Est. pending	—	Hold	View
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

The Bottom Line

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

Greenwood County in South Carolina scores 59/100, ranking #359 of 1,000 US counties (top 47%). The 7.46% rent-to-price ratio indicates moderate cash flow potential.

Monthly Cash Flow

$-203/mo

Cap Rate

4.8%

Cash-on-Cash

-6.3%

Ready to Analyze a Deal in Greenwood?

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$169,085

Down Payment (20%)$33,817

Loan Amount$135,268

Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$1,051

Monthly P&I-$886

Est. Expenses (35%)-$368

Net Cash Flow-$203/mo

4.8%

Cap Rate (all cash)

-6.3%

Cash-on-Cash Return

7.46%

Rent-to-Price Ratio

Negative leverage: At 6.85% rates, borrowing costs exceed the 4.8% 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

59/100

Cash Flow(30%)

75/100

Based on 7.46% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)

37/100

Based on -2.6% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)

50/100

Population data not available.

Affordability(20%)

77/100

Price-to-income ratio of 3.6x. Lower ratios indicate more affordable markets.

County

Verdict

OconeeSC

$279,544

$1,501

6.44%

Buy

View

CurrentGreenwoodSC

$169,085

$1,051

7.46%

Hold

EdgefieldSC

$260,554

Est. pending

—

Hold

View

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

The Bottom Line

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

Greenwood County in South Carolina scores 59/100, ranking #359 of 1,000 US counties (top 47%). The 7.46% rent-to-price ratio indicates moderate cash flow potential.

Monthly Cash Flow

$-203/mo

Cap Rate

4.8%

Cash-on-Cash

-6.3%