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Cap Rate Analysis: Rock Hill, SC

Investment metrics, interactive calculators, and data-driven analysis for Rock Hill rental properties.

Moderate — source deals carefully
Based on $265,000 median price and $1,320/mo median rent
Est. Cap Rate
4.32%
1% Rule
0.50%
Fails
GRM
16.7x
Price / Income
5.1x

Market Data

Median Home Price$265,000
Median Monthly Rent$1,320
Property Tax Rate0.56%
Population78,000
Population Growth2.2% / yr
Median Household Income$52,400
Vacancy Rate5%
Annual Appreciation3.4%

Cap Rate Calculator — Rock Hill

Pre-filled with Rock Hill medians. Adjust to match a specific property.

Property Details
$
$
3–8% typical
%
Monthly Expenses
0.56% rate
$
$
8–10% of rent
$
8–12% of rent
$
Cap Rate
3.64%Low
Net Operating Income ÷ Purchase Price
NOI / Year
$9,648
net operating income
Gross Rent Multiplier
16.7x
High (>15)
1% Rule
0.50%
✗ Fails
Monthly Cash Flow
$804
before debt service
Annual Breakdown
Gross Rental Income$15,840
Less Vacancy−$792
Effective Income$15,048
Less Operating Expenses−$5,400
Net Operating Income$9,648

Cash-on-Cash Return — Rock Hill

Factor in financing to see your actual return on invested capital in Rock Hill.

$
$66,250
%
%
years
$
taxes + ins + maint + mgmt
$
$
Cash-on-Cash Return
-8.57%Weak
Annual Cash Flow ÷ Total Cash Invested
Total Cash Invested
$74,200
$66,250 down + $7,950 closing
Monthly Mortgage
$1,296
on $199K loan
Monthly Cash Flow
$-530
after all expenses
Annual Cash Flow
$-6,356
before taxes
Cash Flow Breakdown
Monthly Rent$1,320
Less Expenses−$554
Less Mortgage−$1,296
Monthly Cash Flow$-530

Is Rock Hill a Good Place to Invest in Rental Property?

Rock Hill, SC has a population of 78,000 and has been growing at 2.2% annually — well above the national average, signaling strong housing demand from population inflows. The median home price of $265,000 paired with median rents of $1,320/mo produces an estimated cap rate of 4.32%.

Property taxes at 0.56% are well below the national average of ~1.1%, providing a meaningful cash flow advantage many investors overlook. The vacancy rate of 5% is moderate and within normal parameters for a healthy rental market.

At a price-to-income ratio of 5.1x, homes cost about 5.1 times the local median income of $52,400. This moderate ratio indicates a balanced rent-vs-buy market. Home values have appreciated at roughly 3.4% annually. Steady appreciation means total returns will be primarily cash flow-driven — the more sustainable model for long-term wealth building.

Bottom line: Rock Hill presents moderate opportunities. Cap rates near 4.32% mean deals need careful sourcing — look for value-add rehabs or emerging neighborhoods where rents are climbing.

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