Is Anderson, SC a good place to invest in rental property?

Anderson, SC has a median modeled monthly cash flow of $-843 and a median cap rate of 3.2%, on a median sold price of $289,250. Prices changed -1.8% year over year.

What is the average cap rate in Anderson, SC?

The median cap rate across recently sold homes in Anderson, SC is 3.2%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Anderson, SC?

The median sold price in Anderson, SC is $289,250 (about $161 per square foot).

Investing in Anderson, SC Real Estate

A data-driven snapshot of the Anderson, SC rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$289,250Median sold price

$161Median $/sqft

3.2%Median cap rate

$-843Modeled cash flow / mo

-1.8%Appreciation YoY

9.0Months of supply

1,094Active listings

1,458Sold (last 12 mo)

What the Anderson numbers say

In Anderson, SC, the median home sold for $289,250 (about $161 per square foot), and the typical deal models out to a 3.2% cap rate with a median $-843 of monthly cash flow. Sold prices moved -1.8% over the past year. Inventory sits at about 9.0 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other South Carolina markets to compare

See Anderson cash-flowing listings

CashFlowRE ranks every for-sale home in Anderson, SC by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Anderson deals, or browse the national market data.