Carlisle, SC — Rental Investment Analysis

🟢STRONGexcellent cash flow market

Data: HUD FMR FY2024 + Zillow ZHVI April 2026 + Freddie Mac rates. Last updated June 2026.

Investment Summary

As of 2026, Carlisle, SC has a median cap rate of 11.6%, making it one of the top cash-flowing rental markets in the United States.

Carlisle is one of the strongest cash flow markets in the data. With a median home price of $101,856, entry costs are low — making it accessible for beginning investors or those buying multiple properties. With 3-bedroom rents around $1,380/month, the 11.6% cap rate tells the story. A typical rental here cash flows +$445/month after all expenses — strong passive income from day one.

The market passes the 1% rule (1.35%), which is increasingly rare and signals strong rent-to-price fundamentals. DSCR of 1.82 means the property's income comfortably covers debt service — DSCR loans should be easy to qualify for here.

Bottom line: Buy here if you want reliable monthly income. Carlisle is a cash flow market — don't expect rapid appreciation, but the checks come in every month.

Data sources: HUD Fair Market Rents (FY2024), Zillow Home Value Index (April 2026), Freddie Mac Primary Mortgage Market Survey.

Cap Rate

11.6%

Above average

Monthly Cash Flow

+$445

After all expenses

Price-to-Rent

6.2

Investor-friendly

DSCR

1.82

Passes lender test

Key Metrics

Median Home Price
$101,856
Average Rent (3BR)
$1,380/mo
Price-to-Rent Ratio
6.2(good)
1% Rule
1.35%(passes)
Cash-on-Cash Return
22.8%
Vacancy Rate
8.0%

Market Strength

Unemployment Rate
4.8%(+0.5% vs national)
Rent Growth (YoY)
+2.9%(national avg)
Population Growth
+1.7000000000000002% YoY

Assumptions Used

20% down, 6.52% rate, 30yr, 8% vacancy, 10% maintenance

Customize these numbers →

Property Tax Rate

0.55%

of assessed value (SC avg)

Median Income

$56,227

household (SC avg)

Rent-to-Income

29.5%

Affordable

Section 8 Max Rent

$1,380/mo

3BR voucher payment

SC Investor Climate

Landlord Friendly

8/10

State Income Tax

Has state tax

Property Tax

0.55% effective

Population Trend

+1.7000000000000002% (3yr)

Best Zip Codes in Carlisle for Investors

29031
Cap Rate: 11.6%Cash Flow: +$445/mo$101,856
29031
Cap Rate: 11.6%Cash Flow: +$445/mo$101,856

All Zip Codes in Carlisle

ZipCap RateCash FlowHome PriceRent (3BR)DSCR
2903111.6%+$445$101,856$1,380/mo1.82
2903111.6%+$445$101,856$1,380/mo1.82