Real Estate Investing in Cleveland, South Carolina
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Should you buy in Cleveland, SC? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 24.0% of homes vacant — above national norms.
- Flat appreciation: Values have barely moved over 5 years (1.0% CAGR).
What’s happening in Cleveland, SC?
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Market Trends — Cleveland, SC
Home Value History
Investing in Cleveland Real Estate
Across Cleveland's 2 ZIPs, the picture is soft: $220K median values, $1,062/mo rents, and a population that has faced real economic pressure.
The investment case for Cleveland is difficult to make on screen data alone. a stretch for a 2.5 rating and a cap rate of 0.0% that looks fine only until you underwrite the vacancy.
Transaction volume in Cleveland has thinned in a way that amplifies price discovery risk. On the rental side, investors without local context should treat every number on the page with skepticism.
Cleveland's population trends and income levels suggest a market where affordability is strained, which constrains how aggressively rents can rise without hurting collections.
Best ZIP codes in Greenville-Anderson, SC
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Landlord Ground Truth
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Property managers serving Greenville County
Manage rentals here? List your business →Carolina Moves Property Management offers flat fee property management services in Greenville's Upstate for homeowners, landlords, and tenants, including HOA management. summary from their website
Magnolia Rental Property Management provides trusted property management throughout Upstate, SC, offering residential and multi-family services including marketing, tenant screening, and rent collecti summary from their website
ABOVE Property Management offers reliable property management services in Greenville, Spartanburg, and Upstate South Carolina for various rental opportunities. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
ZIP Codes in Cleveland, SC
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View PlansFrequently Asked Questions About Cleveland, SC
What is the typical home price in Cleveland, SC?
In Cleveland, SC the median home value sits at $220K. Against the broader SC market, that reads as reasonable for most investors.
What is the average monthly rent in Cleveland, SC?
Rent in Cleveland, SC is around $1,062/mo. The resulting rent-to-value relationship with $220K pricing is reasonable for most investor models.
What is the typical renter like in Cleveland, SC?
Tenant quality in Cleveland, SC ranks as solid. Landlords generally report reliable occupancy at market rents of $1,062/mo.
Does house hacking work in Cleveland, SC?
House hacking in Cleveland, SC is reasonable to execute. Prices around $220K and rents of $1,062/mo solid owner-occupant economics.
Are landlord laws favorable in Cleveland, SC?
Cleveland, SC operates under SC law, which is landlord-friendly overall for landlords. Expect steady treatment in typical lease and eviction cases.
Community Ratings
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