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Unlocking Investment Potential: A Guide to Rental Properties in Pickens County, SC

Jeremy Werden

Written by:

Jeremy Werden

June 24, 2024

Pickens County, SC

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Introduction

Investing in rental properties can be a lucrative endeavor, but choosing the right property is crucial to ensure a good return on investment. A good rental property typically boasts a desirable location, steady rental demand, reasonable maintenance costs, and potential for property value appreciation. The location is perhaps the most critical factor, influencing the property's appeal to potential renters and its overall investment value.

Pickens County, SC, offers a diverse range of neighborhoods, each with its unique appeal and investment potential. This guide will explore some of the best areas in Pickens County, grading them on convenience, tourist attractions, things to do, average home prices, return on investment, proximity to work-related travel, and their 'x-factor' – the unique qualities that make them desirable.

Best Neighborhoods and Areas in Pickens County, SC

1. Clemson

Grades:

  • Convenience: A
  • Tourist Attractions: A
  • Things to Do: A
  • Average Home Prices: B
  • Return on Investment: A
  • Proximity to Work-Related Travel: A
  • X-Factor: A+

Overview:
Clemson is a vibrant college town known for its lively atmosphere and strong community spirit. Home to Clemson University, the area boasts excellent amenities, a bustling downtown, and a variety of recreational activities.

  • Convenience: Clemson offers easy access to grocery stores, restaurants, and public transportation, making it highly convenient for residents.
  • Tourist Attractions: Attractions include Clemson University, the South Carolina Botanical Garden, and various museums.
  • Things to Do: Residents can enjoy numerous outdoor activities like hiking in the nearby Blue Ridge Mountains, boating on Lake Hartwell, and attending sports events.
  • Average Home Prices: The average home price in Clemson is around $250,000, slightly higher due to the demand from university staff and students.
  • Return on Investment: The high rental demand from students and university employees ensures a strong ROI.
  • Proximity to Work-Related Travel: Close to the university, medical facilities, and sports venues.
  • X-Factor: The vibrant college town atmosphere and beautiful surroundings make Clemson exceptionally desirable.

2. Easley

Grades:

  • Convenience: B+
  • Tourist Attractions: B
  • Things to Do: B+
  • Average Home Prices: A
  • Return on Investment: B+
  • Proximity to Work-Related Travel: B+
  • X-Factor: B+

Overview:
Easley is a growing town offering a mix of suburban charm and urban convenience. It has a friendly community, good schools, and a variety of shopping and dining options.

  • Convenience: Easley provides a good balance of amenities, including shopping centers, schools, and parks.
  • Tourist Attractions: While not a major tourist hub, Easley has attractions like the Doodle Trail and the Foothills Playhouse.
  • Things to Do: Residents can enjoy local parks, community events, and nearby natural attractions.
  • Average Home Prices: The average home price is around $200,000, making it an affordable option for investors.
  • Return on Investment: Steady rental demand and affordable property prices offer a solid ROI.
  • Proximity to Work-Related Travel: Proximity to Greenville and local employers.
  • X-Factor: Easley's blend of small-town charm and accessibility to larger cities.

3. Liberty

Grades:

  • Convenience: B
  • Tourist Attractions: B-
  • Things to Do: B-
  • Average Home Prices: A
  • Return on Investment: B
  • Proximity to Work-Related Travel: B
  • X-Factor: B

Overview:
Liberty is a small town with a tight-knit community and a peaceful, rural atmosphere. It offers a slower pace of life with easy access to natural beauty.

  • Convenience: Basic amenities are available, but residents may need to travel to nearby towns for more options.
  • Tourist Attractions: Not a major tourist destination, but close to natural attractions like Table Rock State Park.
  • Things to Do: Outdoor activities and local events provide entertainment options.
  • Average Home Prices: Very affordable, with average home prices around $150,000.
  • Return on Investment: Lower property prices can offer good ROI, particularly for long-term investments.
  • Proximity to Work-Related Travel: Limited, but within driving distance to larger employment hubs.
  • X-Factor: The peaceful, rural setting and strong community ties.

4. Pickens

Grades:

  • Convenience: B
  • Tourist Attractions: B
  • Things to Do: B
  • Average Home Prices: B+
  • Return on Investment: B
  • Proximity to Work-Related Travel: B
  • X-Factor: B

Overview:
Pickens is a town that combines historical charm with natural beauty. It is known for its friendly community and access to outdoor recreation.

  • Convenience: Offers necessary amenities, with larger cities nearby for more options.
  • Tourist Attractions: The Pickens County Museum and Hagood Mill Historic Site are notable attractions.
  • Things to Do: Numerous outdoor activities, including hiking and fishing, are available.
  • Average Home Prices: Reasonably priced homes, averaging around $180,000.
  • Return on Investment: Steady demand and affordable prices make it a viable investment.
  • Proximity to Work-Related Travel: Reasonable distance to larger employment centers.
  • X-Factor: The blend of historical charm and natural beauty.

5. Six Mile

Grades:

  • Convenience: B-
  • Tourist Attractions: C+
  • Things to Do: C+
  • Average Home Prices: A
  • Return on Investment: B-
  • Proximity to Work-Related Travel: B
  • X-Factor: B-

Overview:
Six Mile is a small, rural town with a relaxed lifestyle and scenic surroundings. It is ideal for those seeking tranquility and a close-knit community.

  • Convenience: Limited amenities, but essentials are available locally.
  • Tourist Attractions: Few attractions, but near Lake Keowee and the Blue Ridge Mountains.
  • Things to Do: Primarily outdoor activities and local events.
  • Average Home Prices: Low, with average home prices around $160,000.
  • Return on Investment: Potential for long-term growth due to low initial investment.
  • Proximity to Work-Related Travel: Requires travel to larger towns for work.
  • X-Factor: The peaceful, rural setting and beautiful natural environment.

Conclusion

Investing in rental properties in Pickens County, SC, offers a range of opportunities across various neighborhoods. From the vibrant college town atmosphere of Clemson to the rural tranquility of Six Mile, each area has its unique appeal. By carefully considering factors like convenience, tourist attractions, things to do, average home prices, return on investment, proximity to work-related travel, and the 'x-factor,' investors can make informed decisions to maximize their returns. Pickens County's diverse offerings make it a promising location for rental property investments.

⚡️
Reveal your property’s rental profitability

Buy this property and list it on Airbnb.