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South Carolina Rental Yield Calculator

Calculate rental yield using South Carolina market data. Gross yield uses total rent before expenses; net yield subtracts operating costs — the number that actually matters.

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Property & Income

Operating Expenses(South Carolina defaults)

Total Annual Expenses$11,672

Gross vs. Net Rental Yield

Gross rental yield is the simplest comparison metric: annual rent divided by total property cost. It's useful for quick screening but doesn't account for the real cost of ownership.

Net rental yield subtracts operating expenses (taxes, insurance, maintenance, management, vacancy) from income before dividing by cost. This tells you what the property actually earns as a percentage of your investment.

The gap between gross and net reveals your expense ratio — how much of your gross income gets consumed by costs. A tight ratio means more money in your pocket; a wide one means the property is expensive to hold.

South Carolina Market Context

Avg Cap Rate

6%

Median Price

$381K

Property Tax

0.44%

Vacancy Rate

10.6%

Local Factors

  • -Highest rental vacancy rate in the nation at 10.6% — screen tenants carefully
  • -Charleston and Greenville are growth markets with strong job creation
  • -Very low property taxes for owner-occupied but investor properties taxed at higher assessment ratio

Net Rental Yield

2.0%

Low

Gross Rental Yield

4.9%

Annual Gross Income$19,332
Annual Net Income$7,660
Total Investment$392,430
Total Expenses$11,672
Expense Ratio60.4%
Monthly Net Income$638
NET YIELD2.0%
Net Income$7,660
Property Tax$1,676
Insurance$2,590
Maintenance$3,810
Management$1,547
Vacancy$2,049
Other$0

What does this mean?

A net yield below 3% is typical in high-demand markets where appreciation drives returns more than cash flow. You're betting on the asset growing in value.