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Simpsonville, 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
$1,828
Monthly Cash Flow
-$282
Principal + Equity
$2,237
Annual Total Gain
$23,452
Cash on Cash
-3.62%
Net ROI %
STR Financial Performance
Median Price
Avg. Daily Rate
$172
Occupancy Rate
70%
Monthly Revenue
$2,520
Monthly Cash Flow
$32
Principal + Equity
$2,237
Annual Total Gain
$27,225
Cash on Cash %
0.41%
Net ROI %
Market Health & Growth
Median Income
$79,233
Population
25,125
LTR Renter %
33.31%
Forecast (1 yr)
2.15%
Appreciation (1 yr)
1.2%
Appreciation (5 yr)
46.22%
Appreciation (10 yr)
83.3%
Job Growth
2.13%
LTR Rentability
High
STR Demand
75
STR Rentals
139
Top Public Schools
ASC Governor's School for Arts & Humanities
AGreenville Technical Charter High School
A-
A-
A-
Market Grades and Information
Best Places to Live Ranking
Public school quality, cost of living, commute, and lifestyle ratings.
A-
Overall
Top-level market grade
Best Places to Live in South Carolina
#23out of 188 markets
Best Suburbs to Live in South Carolina
#21out of 120 markets
Best Places to Raise a Family in South Carolina
#24out of 188 markets
B
Public School
C
Crime And Safety
B
Housing
B-
Nightlife
A-
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 Simpsonville, SC.
As of September 2021, Simpsonville, 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 updates from the city government.
Investors should also consider the potential impact of STRs on the local community, including concerns about noise, parking, and the overall character of residential neighborhoods. It is important to be a responsible host and to communicate with neighbors to address any concerns that may arise.
Additionally, investors should be aware of any potential taxes or fees associated with operating an STR in Simpsonville. It is recommended to consult with a local real estate agent or attorney to fully understand the legal and financial implications of investing in a property for short-term rental purposes in this market.
Market Trends Over Time
Explore 25 years of market data for Simpsonville, 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 Simpsonville, SC.
The LTR Genie Score of Simpsonville, SC is 75 and the STR Genie Score is 77, indicating a high level of rentability for both long-term and short-term rental properties in this market. The LTR Rent Growth Rate of 0.0456% suggests steady growth potential for long-term rental investments, while the STR Net ROI of 29.08% highlights the strong potential for short-term rental income.
The 1-Year Price Appreciation Forecast of 2.15% indicates a stable market with potential for property value growth. Additionally, the high STR Occupancy rate of 70.0% and STR Revenue of 2520 demonstrate the demand for short-term rental properties in Simpsonville.
Overall, Simpsonville, SC appears to be an attractive market for both long-term and short-term rental investments. With high LTR and STR Genie Scores, steady rent growth, strong ROI potential, and a stable market forecast, real estate investors may find success in this market by diversifying their portfolio with both long-term and short-term rental properties. Additionally, the high occupancy rate and revenue for short-term rentals suggest a strong demand for this type of investment in Simpsonville.
