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

Florence, SC has a median modeled monthly cash flow of $-631 and a median cap rate of 3.6%, on a median sold price of $259,500. Prices changed +2.1% year over year.

What is the average cap rate in Florence, SC?

The median cap rate across recently sold homes in Florence, SC is 3.6%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Florence, SC?

The median sold price in Florence, SC is $259,500 (about $147 per square foot).

Investing in Florence, SC Real Estate

A data-driven snapshot of the Florence, 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.

$259,500Median sold price

$147Median $/sqft

3.6%Median cap rate

$-631Modeled cash flow / mo

+2.1%Appreciation YoY

19.4Months of supply

1,072Active listings

662Sold (last 12 mo)

What the Florence numbers say

In Florence, SC, the median home sold for $259,500 (about $147 per square foot), and the typical deal models out to a 3.6% cap rate with a median $-631 of monthly cash flow. Sold prices moved +2.1% over the past year. Inventory sits at about 19.4 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 Florence cash-flowing listings

CashFlowRE ranks every for-sale home in Florence, 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 Florence deals, or browse the national market data.