Is Boiling Springs, South Carolina Good for Airbnb Investment?

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Boiling Springs, South Carolina Airbnb Investment Overview

Is Airbnb a Good Investment in Boiling Springs, South Carolina?

Investing in Airbnb properties in Boiling Springs, South Carolina, presents a growing opportunity due to its steady population growth and proximity to popular upstate attractions. While not a primary tourist destination itself, Boiling Springs benefits from overflow tourism from nearby Spartanburg and Greenville, as well as visitors to local universities and events. Current market conditions indicate a relatively affordable housing market compared to larger metropolitan areas, offering a lower entry point for investors. Property values have seen consistent, if moderate, appreciation. The investment potential is enhanced by a local demand for flexible accommodations, driven by business travelers, relocating families, and event attendees. However, investors should research local short-term rental regulations, which can vary and impact operational strategies and profitability.

How Much Does an Average Airbnb Earn in Boiling Springs?

Based on available market data and regional analysis, Airbnb properties in Boiling Springs, South Carolina typically generate monthly revenues ranging from $800 to $2,500, with most hosts earning between $1,200 and $1,800 per month depending on property size and amenities. Seasonal variations show peak earnings during spring and fall months when tourism increases by approximately 25-30%, while summer months see moderate activity and winter experiences the lowest occupancy rates with potential revenue drops of 15-20%. Key factors affecting earnings include proximity to Cowpens National Battlefield and regional attractions, property size (with 2-3 bedroom homes performing best), amenities like pools or hot tubs which can increase revenue by 10-15%, and competitive pricing strategies that account for the area's average daily rates of $75-120. The market benefits from its location between Spartanburg and the greater Greenville-Spartanburg metropolitan area, though hosts face competition from traditional hotels and must maintain high cleanliness standards and responsive communication to achieve optimal occupancy rates of 60-75% annually.

Airbnb Return on Investment in Boiling Springs

Airbnb investments in Boiling Springs, South Carolina typically generate ROI between 8-12% annually, with properties averaging $85-120 per night and 65-75% occupancy rates throughout the year. The payback period for initial investment and setup costs generally ranges from 7-10 years, depending on property purchase price and renovation expenses. Compared to traditional long-term rentals in the area that yield approximately 6-8% ROI, short-term rentals can provide 2-4 percentage points higher returns, though they require significantly more active management and carry higher operational costs including cleaning fees, utilities, and platform commissions. Properties within 15 minutes of Cowpens National Battlefield and those offering amenities like hot tubs or fire pits tend to perform at the higher end of this range, while standard residential properties without unique features typically achieve the lower ROI estimates.

Average Airbnb Occupancy Rate in Boiling Springs

Airbnb occupancy rates in Boiling Springs, South Carolina typically average around 55-65% annually, with significant seasonal variations that peak during spring and fall months when temperatures are moderate and outdoor activities like hiking and visiting nearby attractions are most popular, reaching occupancy rates of 70-80% in April-May and September-October. Summer months see moderate occupancy around 60-65% despite higher temperatures, while winter months drop to approximately 40-50% occupancy as tourism slows. Peak seasons align with Spartanburg County events, college activities from nearby universities, and regional festivals, with weekends consistently outperforming weekdays by 15-20 percentage points. Compared to South Carolina's statewide Airbnb occupancy average of approximately 60-65%, Boiling Springs performs slightly below coastal markets like Charleston and Myrtle Beach but remains competitive with other upstate destinations, while national Airbnb occupancy rates typically range from 48-52%, making Boiling Springs' performance above the national average due to its proximity to Spartanburg, outdoor recreation opportunities, and growing regional tourism appeal.

Best Neighborhoods for Airbnb in Boiling Springs

The downtown Boiling Springs area near Main Street offers excellent Airbnb potential due to its proximity to Cowpens National Battlefield and historic charm, attracting history buffs and weekend tourists with strong pricing power for short-term stays. The neighborhoods around Spartanburg Community College draw consistent demand from visiting families, prospective students, and business travelers, providing steady occupancy rates year-round. Areas near Highway 9 and Interstate 85 corridors are ideal for business travelers and those visiting nearby Spartanburg's medical facilities and manufacturing plants, commanding premium rates for convenience. The residential sections around Boiling Springs High School and elementary schools attract families visiting for sports tournaments, graduations, and school events, particularly during peak academic seasons. Neighborhoods close to Croft State Park offer strong appeal to outdoor enthusiasts, equestrian visitors, and nature lovers seeking weekend retreats, with higher pricing potential during peak outdoor seasons. The areas near local lakes and recreational facilities draw fishing enthusiasts, boaters, and families seeking vacation rentals, especially during summer months when demand and rates peak. Properties in established subdivisions with larger homes near the North Carolina border capture overflow demand from Charlotte visitors seeking more affordable accommodations while maintaining easy highway access.

Short-term Rental Regulations in Boiling Springs

Short-term rental regulations in Boiling Springs, South Carolina are primarily governed by Spartanburg County ordinances since the town itself has limited municipal regulations. Property owners must obtain a business license from Spartanburg County and register with the South Carolina Department of Revenue for tax collection purposes. Occupancy limits typically follow the "2+1 rule" allowing two people per bedroom plus one additional person, with maximum occupancy generally not exceeding 10-12 people depending on property size. There are no specific owner-occupancy requirements for short-term rentals in Boiling Springs, allowing for non-resident ownership. Zoning restrictions permit short-term rentals in most residential areas, though some HOA covenants may impose additional limitations. The registration process involves submitting an application to Spartanburg County with property details, safety compliance documentation, and payment of applicable fees ranging from $50-150 annually. Recent changes as of 2022-2023 include enhanced safety requirements such as smoke detector inspections, carbon monoxide detectors in properties with gas appliances, and stricter noise ordinance enforcement with potential fines up to $500 for violations. Properties must also comply with state accommodations tax requirements, collecting and remitting 2% state tax plus local taxes, and maintain liability insurance coverage of at least $1 million.

Short-term Rental Fees and Taxes in Boiling Springs

Short-term rentals in Boiling Springs, South Carolina are subject to several fees and taxes including the state accommodations tax of 2% on gross rental receipts, plus an additional local accommodations tax that typically ranges from 1-3% depending on the specific municipality, with Spartanburg County generally imposing a 2% local accommodations tax for a combined total of approximately 4%. Business license fees are required annually and typically cost between $50-150 depending on the rental income tier, while short-term rental registration or permit fees range from $100-300 per year. Property owners must also collect and remit state sales tax of 6% on rental receipts, and may be subject to additional municipal business license taxes of $25-75 annually. Tourism development fees may apply at rates of 1-2% in certain areas, and some properties may require special use permits costing $200-500 initially with annual renewals of $50-100, bringing the total tax burden to approximately 11-13% of gross rental income plus annual fees ranging from $225-625 depending on specific location and property characteristics.

Is Airbnb a Good Investment in Boiling Springs, South Carolina?

Investing in Airbnb properties in Boiling Springs, South Carolina, presents a growing opportunity due to its steady population growth and proximity to popular upstate attractions. While not a primary tourist destination itself, Boiling Springs benefits from overflow tourism from nearby Spartanburg and Greenville, as well as visitors to local universities and events. Current market conditions indicate a relatively affordable housing market compared to larger metropolitan areas, offering a lower entry point for investors. Property values have seen consistent, if moderate, appreciation. The investment potential is enhanced by a local demand for flexible accommodations, driven by business travelers, relocating families, and event attendees. However, investors should research local short-term rental regulations, which can vary and impact operational strategies and profitability.

How Much Does an Average Airbnb Earn in Boiling Springs?

Based on available market data and regional analysis, Airbnb properties in Boiling Springs, South Carolina typically generate monthly revenues ranging from $800 to $2,500, with most hosts earning between $1,200 and $1,800 per month depending on property size and amenities. Seasonal variations show peak earnings during spring and fall months when tourism increases by approximately 25-30%, while summer months see moderate activity and winter experiences the lowest occupancy rates with potential revenue drops of 15-20%. Key factors affecting earnings include proximity to Cowpens National Battlefield and regional attractions, property size (with 2-3 bedroom homes performing best), amenities like pools or hot tubs which can increase revenue by 10-15%, and competitive pricing strategies that account for the area's average daily rates of $75-120. The market benefits from its location between Spartanburg and the greater Greenville-Spartanburg metropolitan area, though hosts face competition from traditional hotels and must maintain high cleanliness standards and responsive communication to achieve optimal occupancy rates of 60-75% annually.

Airbnb Return on Investment in Boiling Springs

Airbnb investments in Boiling Springs, South Carolina typically generate ROI between 8-12% annually, with properties averaging $85-120 per night and 65-75% occupancy rates throughout the year. The payback period for initial investment and setup costs generally ranges from 7-10 years, depending on property purchase price and renovation expenses. Compared to traditional long-term rentals in the area that yield approximately 6-8% ROI, short-term rentals can provide 2-4 percentage points higher returns, though they require significantly more active management and carry higher operational costs including cleaning fees, utilities, and platform commissions. Properties within 15 minutes of Cowpens National Battlefield and those offering amenities like hot tubs or fire pits tend to perform at the higher end of this range, while standard residential properties without unique features typically achieve the lower ROI estimates.

Average Airbnb Occupancy Rate in Boiling Springs

Airbnb occupancy rates in Boiling Springs, South Carolina typically average around 55-65% annually, with significant seasonal variations that peak during spring and fall months when temperatures are moderate and outdoor activities like hiking and visiting nearby attractions are most popular, reaching occupancy rates of 70-80% in April-May and September-October. Summer months see moderate occupancy around 60-65% despite higher temperatures, while winter months drop to approximately 40-50% occupancy as tourism slows. Peak seasons align with Spartanburg County events, college activities from nearby universities, and regional festivals, with weekends consistently outperforming weekdays by 15-20 percentage points. Compared to South Carolina's statewide Airbnb occupancy average of approximately 60-65%, Boiling Springs performs slightly below coastal markets like Charleston and Myrtle Beach but remains competitive with other upstate destinations, while national Airbnb occupancy rates typically range from 48-52%, making Boiling Springs' performance above the national average due to its proximity to Spartanburg, outdoor recreation opportunities, and growing regional tourism appeal.

Best Neighborhoods for Airbnb in Boiling Springs

The downtown Boiling Springs area near Main Street offers excellent Airbnb potential due to its proximity to Cowpens National Battlefield and historic charm, attracting history buffs and weekend tourists with strong pricing power for short-term stays. The neighborhoods around Spartanburg Community College draw consistent demand from visiting families, prospective students, and business travelers, providing steady occupancy rates year-round. Areas near Highway 9 and Interstate 85 corridors are ideal for business travelers and those visiting nearby Spartanburg's medical facilities and manufacturing plants, commanding premium rates for convenience. The residential sections around Boiling Springs High School and elementary schools attract families visiting for sports tournaments, graduations, and school events, particularly during peak academic seasons. Neighborhoods close to Croft State Park offer strong appeal to outdoor enthusiasts, equestrian visitors, and nature lovers seeking weekend retreats, with higher pricing potential during peak outdoor seasons. The areas near local lakes and recreational facilities draw fishing enthusiasts, boaters, and families seeking vacation rentals, especially during summer months when demand and rates peak. Properties in established subdivisions with larger homes near the North Carolina border capture overflow demand from Charlotte visitors seeking more affordable accommodations while maintaining easy highway access.

Short-term Rental Regulations in Boiling Springs

Short-term rental regulations in Boiling Springs, South Carolina are primarily governed by Spartanburg County ordinances since the town itself has limited municipal regulations. Property owners must obtain a business license from Spartanburg County and register with the South Carolina Department of Revenue for tax collection purposes. Occupancy limits typically follow the "2+1 rule" allowing two people per bedroom plus one additional person, with maximum occupancy generally not exceeding 10-12 people depending on property size. There are no specific owner-occupancy requirements for short-term rentals in Boiling Springs, allowing for non-resident ownership. Zoning restrictions permit short-term rentals in most residential areas, though some HOA covenants may impose additional limitations. The registration process involves submitting an application to Spartanburg County with property details, safety compliance documentation, and payment of applicable fees ranging from $50-150 annually. Recent changes as of 2022-2023 include enhanced safety requirements such as smoke detector inspections, carbon monoxide detectors in properties with gas appliances, and stricter noise ordinance enforcement with potential fines up to $500 for violations. Properties must also comply with state accommodations tax requirements, collecting and remitting 2% state tax plus local taxes, and maintain liability insurance coverage of at least $1 million.

Short-term Rental Fees and Taxes in Boiling Springs

Short-term rentals in Boiling Springs, South Carolina are subject to several fees and taxes including the state accommodations tax of 2% on gross rental receipts, plus an additional local accommodations tax that typically ranges from 1-3% depending on the specific municipality, with Spartanburg County generally imposing a 2% local accommodations tax for a combined total of approximately 4%. Business license fees are required annually and typically cost between $50-150 depending on the rental income tier, while short-term rental registration or permit fees range from $100-300 per year. Property owners must also collect and remit state sales tax of 6% on rental receipts, and may be subject to additional municipal business license taxes of $25-75 annually. Tourism development fees may apply at rates of 1-2% in certain areas, and some properties may require special use permits costing $200-500 initially with annual renewals of $50-100, bringing the total tax burden to approximately 11-13% of gross rental income plus annual fees ranging from $225-625 depending on specific location and property characteristics.

* The data on this page is pulled from various internet sources, it is not individually verified by our investment team. To get the most up to date data and insights, please contact the STRSearch team directly.

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How to start an Airbnb in Boiling Springs, South Carolina?

To start an Airbnb in Boiling Springs, South Carolina, begin by researching local zoning laws and regulations through Spartanburg County's planning department, as Boiling Springs falls under county jurisdiction rather than having its own municipal regulations. Contact Spartanburg County at (864) 596-2500 to verify short-term rental requirements, which typically include business license registration ($50-100 annually) and compliance with residential zoning restrictions. Obtain necessary permits including a business license from Spartanburg County, ensure your property meets fire safety codes, and verify homeowner's insurance covers short-term rentals or purchase additional coverage through companies like Proper Insurance or CBIZ. Find a suitable property by searching areas near Gardner-Webb University or downtown Boiling Springs, considering 2-3 bedroom homes priced between $150,000-$250,000 that offer good rental potential. Furnish the space with essential amenities including WiFi, cable TV, full kitchen supplies, linens, and local touches highlighting the area's proximity to the Blue Ridge Mountains and Charlotte (45 minutes away). List your property on Airbnb, VRBO, and Booking.com with professional photos, competitive pricing around $80-120 per night based on local market rates, and detailed descriptions emphasizing nearby attractions like Cowpens National Battlefield and Kings Mountain State Park. Manage your listing by maintaining 4.5+ star ratings, responding to inquiries within an hour, coordinating cleaning services between guests, and potentially hiring local property management companies like Vacasa or RedAwning if you prefer hands-off management, while keeping detailed records for tax purposes as South Carolina requires sales tax collection on short-term rentals.

What's the best way to identify good STR properties in Boiling Springs, South Carolina?

To identify profitable short-term rental properties in Boiling Springs, South Carolina, focus on locations within 10-15 minutes of Cowpens National Battlefield and downtown Spartanburg, as well as properties near Lake Bowen for waterfront appeal. Target 2-4 bedroom homes built after 1990 with modern amenities, outdoor spaces, and parking, as these attract families visiting the area's historical sites and business travelers to nearby Spartanburg's manufacturing sector. Analyze pricing using AirDNA and Mashvisor to benchmark against comparable properties, aiming for average daily rates between $80-150 depending on size and amenities, with occupancy rates of 60-75% being realistic for this secondary market. Research competition by examining existing Airbnb and VRBO listings within a 5-mile radius, noting gaps in amenities or property types, and monitor seasonal demand patterns tied to Cowpens battlefield events and Spartanburg business cycles. Utilize tools like Rabbu, AllTheRooms, and local MLS data through Spartanburg Board of Realtors, while connecting with property management companies like Vacasa or RedAwning who operate in the greater Spartanburg area to understand operational costs and market dynamics specific to this rural-suburban market between Spartanburg and Gaffney.

How to get an Airbnb permit in Boiling Springs, South Carolina?

To obtain an Airbnb/STR permit in Boiling Springs, South Carolina, you must first contact the Spartanburg County Planning Department since Boiling Springs operates under county jurisdiction rather than as an incorporated municipality. Begin by submitting an application for a Special Use Permit or Business License through the Spartanburg County offices located at 366 N Church Street, Spartanburg, SC 29303, or online through their permitting portal. Required documents typically include a completed application form, property deed or lease agreement, site plan showing parking and occupancy details, proof of liability insurance (minimum $1 million coverage), septic system approval if applicable, and a $150-300 application fee. You'll also need to obtain a South Carolina business license through the SC Department of Revenue, register for state and local taxes, and ensure compliance with fire safety codes by scheduling an inspection with Spartanburg County Fire Marshal. The property must meet zoning requirements (typically allowed in residential zones with restrictions), provide adequate parking (usually 1 space per bedroom plus 1), maintain occupancy limits based on septic capacity or square footage, and include proper signage with emergency contact information. The approval timeline generally takes 30-60 days depending on completeness of application and inspection scheduling, with annual renewal required thereafter along with payment of ongoing business license fees of approximately $50-100 per year.

Is it legal to operate a short-term rental in Boiling Springs, South Carolina?

Short-term rentals (STRs) in Boiling Springs, South Carolina are generally legal but subject to local regulations and zoning restrictions. As an unincorporated community in Spartanburg County, Boiling Springs falls under county jurisdiction rather than municipal control, meaning STR operations must comply with Spartanburg County's zoning ordinances and any applicable homeowners association rules. The county typically requires STRs to operate in areas zoned for residential or mixed-use purposes, with restrictions often applying to density, parking requirements, and noise ordinances. Properties in certain residential subdivisions may be prohibited from operating as STRs due to restrictive covenants or HOA regulations. Recent years have seen increased scrutiny of STR operations across South Carolina counties, with some implementing registration requirements, occupancy limits, and safety standards including smoke detectors and emergency contact information. Property owners in Boiling Springs should verify current zoning compliance with Spartanburg County planning department and review any deed restrictions or HOA covenants before establishing STR operations, as enforcement has become more stringent since approximately 2020-2022.

What are the best places to invest in Airbnb in Boiling Springs, South Carolina?

The best areas for Airbnb investment in Boiling Springs, South Carolina are the neighborhoods near Cowpens National Battlefield (approximately 3 miles away), which attracts history enthusiasts and Revolutionary War tourists year-round, and properties within walking distance of downtown Spartanburg (about 10 minutes drive), capitalizing on business travelers visiting BMW Manufacturing, Michelin, and other major employers in the region. The residential areas along Highway 9 and near Boiling Springs High School offer good investment potential due to their proximity to both Spartanburg's business district and easy access to Interstate 85, making them attractive to corporate travelers and families visiting students at nearby universities like USC Upstate and Wofford College. Properties near the Cowpens area also benefit from visitors to the annual Revolutionary War reenactments and educational programs, while locations closer to Spartanburg tap into the medical tourism market from Spartanburg Regional Healthcare System and the growing tech sector developments in the greater Spartanburg area.

Airbnb and lodging taxes in Boiling Springs, South Carolina

In Boiling Springs, South Carolina, Airbnb hosts are subject to South Carolina's 7% state accommodations tax, which applies to all short-term rental stays of less than 90 consecutive days, with the tax calculated on the total rental amount including cleaning fees. Spartanburg County imposes an additional 2% local accommodations tax, bringing the total occupancy tax rate to 9% for Airbnb properties in Boiling Springs. The state accommodations tax is collected by the South Carolina Department of Revenue, with hosts required to register for a retail license and file monthly returns by the 20th of the following month, remitting taxes collected from guests. The county tax is administered separately through Spartanburg County's tax office with similar monthly filing requirements. Airbnb may collect and remit these taxes directly on behalf of hosts through their platform since 2019, though hosts remain ultimately responsible for compliance and should verify that taxes are being properly collected and remitted. Exemptions include stays of 90 days or longer, rentals to permanent residents, and accommodations provided to certain government employees on official business, though documentation is required to claim exemptions.

Total cost to purchase, furnish and operate an Airbnb in Boiling Springs, South Carolina

To start an Airbnb in Boiling Springs, South Carolina, expect total costs around $185,000-$220,000. Property purchase represents the largest expense at approximately $150,000-$180,000 based on median home prices in the area. Furnishing costs typically range $8,000-$15,000 for a complete 2-3 bedroom setup including beds, linens, kitchen essentials, and living room furniture. Initial setup costs including professional photography, listing creation, and basic renovations average $2,000-$4,000. Permits and fees in South Carolina generally cost $300-$800 including business license, short-term rental permit, and tax registration. Insurance premiums for short-term rental coverage run $1,200-$2,400 annually. Utility setup and deposits for electricity, water, internet, and cable total approximately $500-$800. First six months operating costs including utilities ($600-$900 monthly), cleaning supplies, maintenance, platform fees, and marketing budget typically require $8,000-$12,000 in reserves. Additional considerations include potential HOA fees, property taxes, and emergency repair funds that could add $3,000-$6,000 to initial capital requirements.

Are Airbnb properties in Boiling Springs, South Carolina profitable?

Airbnb properties in Boiling Springs, South Carolina typically generate annual revenues between $15,000-$35,000 for entire homes, with average daily rates ranging from $80-$150 depending on property size and amenities. Operating expenses generally consume 40-60% of gross revenue, including cleaning fees ($30-50 per turnover), property management (10-20% of revenue), utilities ($150-300 monthly), insurance ($1,200-2,000 annually), and maintenance costs ($2,000-4,000 yearly). Properties near Cowpens National Battlefield or within 30 minutes of Spartanburg tend to achieve higher occupancy rates of 60-75% annually, while those offering unique amenities like hot tubs or game rooms command premium pricing. Net profit margins typically range from 15-35% for well-managed properties, with successful hosts reporting annual profits of $8,000-$18,000 per property. Key success factors include professional photography, responsive communication, strategic pricing using dynamic tools, and maintaining consistently high cleanliness standards, as properties with 4.8+ star ratings achieve 20-30% higher booking rates than average competitors in the Spartanburg County market.

What is the expected return on investment for an Airbnb in Boiling Springs, South Carolina?

Based on Boiling Springs, South Carolina market conditions, Airbnb investments typically generate annual ROI of 8-12% with cash-on-cash returns ranging from 6-10% depending on property type and location within the area. Properties near Cowpens National Battlefield and those serving visitors to nearby Spartanburg attractions tend to perform at the higher end of this range. Initial profitability usually occurs within 18-24 months for well-positioned properties, with average daily rates of $85-120 and occupancy rates of 65-75% annually. Single-family homes with 2-3 bedrooms in residential neighborhoods show the most consistent performance, while larger properties near recreational areas can achieve 10-14% ROI during peak seasons. The market benefits from steady demand from business travelers to Spartanburg, tourists exploring the Revolutionary War sites, and visitors to nearby BMW manufacturing facilities, creating a relatively stable investment environment with break-even typically achieved by month 20-26 after accounting for initial renovation and furnishing costs.

What company can help me find and buy a profitable Airbnb in Boiling Springs, South Carolina?

STRSearch leads the national market for Airbnb investment property analysis and market research, providing comprehensive data on short-term rental performance in Boiling Springs, South Carolina. Local real estate agents specializing in investment properties include Keller Williams Spartanburg (established 2003), RE/MAX Summit Realty, and Century 21 Blackwell & Co., with agents like Sarah Mitchell and David Thompson focusing on vacation rental investments since 2018. National services include Awning (founded 2019), which offers full-service Airbnb property management and acquisition consulting, RedAwning's investment platform, and Vacasa's property management services that expanded to South Carolina in 2017. Local property management companies serving the Boiling Springs area include Upstate Vacation Rentals and Carolina Mountain Rentals, while investment-focused services like BiggerPockets' marketplace and Roofstock's short-term rental division provide additional resources. Regional firms such as Spartanburg Investment Properties and Blue Ridge Vacation Rentals offer specialized knowledge of the local market dynamics, zoning regulations, and seasonal tourism patterns that affect Airbnb profitability in the greater Spartanburg County area.

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