Explore available listings and evaluate market performance.
Anderson, SC Investment Data and Rental Metrics
Investment Data & Rental Metrics
LTR & STR financial performance, market growth indicators, and school ratings.
LTR Financial Performance
Median Price
LTR Rent
$1,249
Monthly Cash Flow
-$261
Principal + Equity
$1,884
Annual Total Gain
$19,486
Cash on Cash
-4.67%
Net ROI %
STR Financial Performance
Median Price
Avg. Daily Rate
$216
Occupancy Rate
50%
Monthly Revenue
$2,528
Monthly Cash Flow
$640
Principal + Equity
$1,884
Annual Total Gain
$30,288
Cash on Cash %
11.46%
Net ROI %
Market Health & Growth
Median Income
$44,321
Population
29,563
LTR Renter %
48.75%
Forecast (1 yr)
2.25%
Appreciation (1 yr)
0.59%
Appreciation (5 yr)
59.53%
Appreciation (10 yr)
106.48%
Job Growth
4.57%
LTR Rentability
High
STR Demand
53
STR Rentals
271
Top Public Schools
A-Southwood Academy of the Arts
A-McCants Middle School
A-
A-
A-
Market Grades and Information
Best Places to Live Ranking
Public school quality, cost of living, commute, and lifestyle ratings.
B
Overall
Top-level market grade
Most Diverse Suburbs in South Carolina
#24out of 120 markets
Places with the Best Public Schools in South Carolina
#23out of 188 markets
Suburbs with the Best Public Schools in South Carolina
#23out of 120 markets
A-
Public School
D
Crime And Safety
C
Housing
B
Nightlife
B-
Good For Families
Diversity
Jobs
Weather
Cost Of Living
Health And Fitness
Outdoor Activities
Commute
Short-Term Rental (STR) Regulations
Local rules and guidelines for operating short-term rentals in Anderson, SC.
As of September 2021, Anderson, SC does not have specific regulations in place for short term rentals (STRs). However, it is important for investors to be aware of potential changes in regulations and to stay informed about any developments in this area.
It is recommended that investors thoroughly research the local zoning laws and regulations in Anderson, SC to ensure that short term rentals are allowed in the specific area where they are considering purchasing a property. Investors should also be aware of any homeowner association (HOA) rules or restrictions that may prohibit or regulate short term rentals in certain neighborhoods.
Additionally, investors should be prepared to obtain any necessary permits or licenses required for operating a short term rental in Anderson, SC. This may include obtaining a business license, paying occupancy taxes, and complying with any health and safety regulations.
Overall, investors should carefully consider the potential risks and benefits of investing in a short term rental property in Anderson, SC and ensure they are fully informed about the current regulations and any potential changes that may impact their investment.
Market Trends Over Time
Explore 25 years of market data for Anderson, SC, including median property prices, long-term rental rates, and days on market — identify growth potential and gauge market stability.
Median Price
Median Rent
Days on Market
Nearest Markets
Explore nearby investment markets close to Anderson, SC.
The LTR Genie Score of Anderson, SC is 79 and STR Genie Score is 74, indicating a high level of rentability for both long-term and short-term rental properties in the area. The LTR Net ROI of 29.09% and STR Net ROI of 45.22% further support the attractiveness of investing in rental properties in Anderson. The 1-Year Price Appreciation Forecast of 2.25% suggests a stable market with potential for growth.
The high LTR Genie Score can be attributed to the steady LTR Rent Growth Rate of 0.0% and strong LTR Net ROI. On the other hand, the slightly lower STR Genie Score may be due to the moderate STR Occupancy rate of 50.0 and STR Revenue of 2528. Despite this, the STR Net ROI of 45.22% indicates a profitable opportunity for short-term rental investors in Anderson.
Overall, Anderson, SC appears to be a promising market for both long-term and short-term rental investments. With high rentability, attractive ROI, and a stable price appreciation forecast, real estate investors may find success in either rental strategy in this area. It is recommended for investors to conduct further research and analysis to determine the best approach based on their investment goals and risk tolerance.
Anderson, SC is a city located in the Upstate region of South Carolina, known for its strong economy driven by industries such as automotive, advanced materials, and healthcare. The area offers a mix of urban amenities and outdoor recreational opportunities, making it an attractive location for residents and visitors alike.
LTR Genie Score 93
$190,000
🛏 3 Beds🛁 3.0000 Baths🏙 1,605 sqft.🏠 SINGLE FAMILY
