Is Enoree, South Carolina Good for Airbnb Investment?

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Enoree, South Carolina Airbnb Investment Overview

Is Airbnb a Good Investment in Enoree, South Carolina?

Investing in Airbnb properties in Enoree, South Carolina, can be a valuable opportunity for investors focusing on niche markets and seeking stable, albeit moderate, returns. Current market conditions in this rural area show steady, demand, particularly from nature enthusiasts, individuals seeking quiet getaways, and visitors to nearby larger towns such as Spartanburg or Greenville. Property values in Enoree are generally more affordable compared to urban centers, which can lower the barrier to entry for investors and potentially offer attractive long-term appreciation as regional interest grows. Tourism trends are characterized by a consistent flow of visitors drawn to outdoor activities, local events, and the serene environment, rather than large-scale, fluctuating tourist surges. This consistent demand, combined with lower operational costs compared to more competitive markets, contributes to a favorable investment potential for those looking for a long-term, stable income stream from short-term rentals in a less saturated market.

How Much Does an Average Airbnb Earn in Enoree?

Based on available market data and regional analysis, Airbnb properties in Enoree, South Carolina typically generate average monthly revenues ranging from $800 to $2,200, with most hosts earning between $1,200 to $1,600 per month depending on property size and amenities. Seasonal variations show peak earnings during spring and fall months when outdoor activities and mild weather attract visitors, with revenues increasing approximately 25-40% above winter baseline rates, while summer months see moderate performance due to regional tourism patterns. Properties featuring amenities like hot tubs, proximity to the Enoree River, or unique rural experiences command premium rates of $120-180 per night compared to basic accommodations at $75-110 per night. Key factors affecting earnings include property condition and cleanliness ratings, responsive host communication, competitive pricing strategies, and proximity to attractions like state parks or equestrian facilities, with occupancy rates typically ranging from 45-65% annually for well-managed properties. Market data suggests that properties with consistently high ratings and professional photography can achieve occupancy rates exceeding 70%, significantly impacting overall revenue potential in this rural South Carolina market where demand is driven primarily by nature enthusiasts, weekend getaways, and visitors to nearby Spartanburg or Greenville areas.

Airbnb Return on Investment in Enoree

Airbnb investments in Enoree, South Carolina typically generate ROI between 8-12% annually, with payback periods ranging from 8-12 years due to the area's rural location and limited tourist demand compared to major South Carolina destinations like Charleston or Myrtle Beach. Properties in Enoree average $150-200 per night during peak seasons but experience significant seasonal fluctuations and lower occupancy rates of 35-45% annually, resulting in gross rental yields of approximately $18,000-25,000 per year for median-priced homes around $180,000-220,000. Long-term rentals in the area typically yield 6-8% ROI with more consistent monthly income of $1,200-1,500, making them potentially more stable investments despite lower peak returns, while Airbnb properties require higher maintenance costs, cleaning fees, and marketing expenses that can reduce net profits by 25-35% compared to gross revenues.

Average Airbnb Occupancy Rate in Enoree

Airbnb occupancy rates in Enoree, South Carolina typically average around 45-55% annually, with peak seasons occurring during spring (March-May) and fall (September-November) when rates can reach 65-75% due to favorable weather and outdoor activities in the nearby Blue Ridge Mountains and state parks. Summer months see moderate occupancy around 60-65% despite higher temperatures, while winter months drop to approximately 35-45% occupancy. These rates are slightly below South Carolina's statewide average of 58-62% and significantly lower than national Airbnb averages of 65-70%, primarily due to Enoree's rural location and smaller tourist market compared to coastal destinations like Charleston and Myrtle Beach or mountain resort areas, though the town benefits from its proximity to Spartanburg and occasional visitors to the Sumter National Forest and local historical sites.

Best Neighborhoods for Airbnb in Enoree

The downtown Enoree area near the historic mill district offers strong Airbnb potential due to its proximity to the Enoree River and historic charm, attracting visitors interested in small-town Southern heritage with average daily rates around $85-110. The residential areas along Highway 92 provide excellent value with larger properties suitable for family groups visiting nearby Spartanburg attractions, typically commanding $75-95 per night with lower acquisition costs. Neighborhoods near the Enoree River corridor appeal to outdoor enthusiasts and fishing tourists, offering scenic waterfront access with pricing power of $90-120 nightly during peak seasons. The areas surrounding local churches and community centers benefit from event-driven demand including weddings and family reunions, supporting consistent bookings at $80-100 per night. Properties near the intersection of Highway 92 and local connector roads offer convenience for guests visiting multiple Upstate attractions while maintaining affordable investment entry points. The established residential neighborhoods with mature trees and larger lots attract longer-stay guests and corporate travelers working in the greater Spartanburg area, supporting monthly rates and steady occupancy. Finally, areas within walking distance of local dining establishments and the few commercial amenities provide guests with authentic small-town experiences while commanding premium rates of $95-125 during peak travel periods.

Short-term Rental Regulations in Enoree

Short-term rental regulations in Enoree, South Carolina are primarily governed by Spartanburg County ordinances since Enoree is an unincorporated community. 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 are typically restricted to two persons per bedroom plus two additional guests, with a maximum of 10-12 occupants depending on septic system capacity and square footage. There are no specific owner-occupancy requirements for short-term rentals in this area. Zoning restrictions generally allow short-term rentals in residential areas, but properties must comply with residential use standards and cannot operate as commercial hotels. The registration process involves submitting an application to the county planning department, providing proof of septic system adequacy, fire safety compliance, and liability insurance coverage of at least $1 million. Recent changes implemented around 2022-2023 include stricter noise ordinances with quiet hours from 10 PM to 7 AM, mandatory posting of house rules, and enhanced penalties for violations. Properties must also comply with state accommodations tax requirements, collecting and remitting 2% state tax plus applicable local taxes, and maintain detailed guest records for tax reporting purposes.

Short-term Rental Fees and Taxes in Enoree

Short-term rentals in Enoree, South Carolina are subject to the state accommodations tax of 7% on gross rental receipts, which includes the base state rate of 2% plus an additional 5% local option tax that Spartanburg County has implemented. Property owners must register with the South Carolina Department of Revenue and obtain a retail license, which costs approximately $50 initially with annual renewals around $5-15. Local business license fees in Spartanburg County typically range from $25-100 annually depending on the rental income generated. The state requires quarterly filing of accommodations tax returns with payments due by the 20th of the month following each quarter, and late filing penalties can reach 5% per month up to 25% of the tax owed. Additionally, property owners may need to pay standard property taxes on their rental properties, and if operating as a business entity, corporate income taxes may apply at rates up to 5% on net income from rental activities.

Is Airbnb a Good Investment in Enoree, South Carolina?

Investing in Airbnb properties in Enoree, South Carolina, can be a valuable opportunity for investors focusing on niche markets and seeking stable, albeit moderate, returns. Current market conditions in this rural area show steady, demand, particularly from nature enthusiasts, individuals seeking quiet getaways, and visitors to nearby larger towns such as Spartanburg or Greenville. Property values in Enoree are generally more affordable compared to urban centers, which can lower the barrier to entry for investors and potentially offer attractive long-term appreciation as regional interest grows. Tourism trends are characterized by a consistent flow of visitors drawn to outdoor activities, local events, and the serene environment, rather than large-scale, fluctuating tourist surges. This consistent demand, combined with lower operational costs compared to more competitive markets, contributes to a favorable investment potential for those looking for a long-term, stable income stream from short-term rentals in a less saturated market.

How Much Does an Average Airbnb Earn in Enoree?

Based on available market data and regional analysis, Airbnb properties in Enoree, South Carolina typically generate average monthly revenues ranging from $800 to $2,200, with most hosts earning between $1,200 to $1,600 per month depending on property size and amenities. Seasonal variations show peak earnings during spring and fall months when outdoor activities and mild weather attract visitors, with revenues increasing approximately 25-40% above winter baseline rates, while summer months see moderate performance due to regional tourism patterns. Properties featuring amenities like hot tubs, proximity to the Enoree River, or unique rural experiences command premium rates of $120-180 per night compared to basic accommodations at $75-110 per night. Key factors affecting earnings include property condition and cleanliness ratings, responsive host communication, competitive pricing strategies, and proximity to attractions like state parks or equestrian facilities, with occupancy rates typically ranging from 45-65% annually for well-managed properties. Market data suggests that properties with consistently high ratings and professional photography can achieve occupancy rates exceeding 70%, significantly impacting overall revenue potential in this rural South Carolina market where demand is driven primarily by nature enthusiasts, weekend getaways, and visitors to nearby Spartanburg or Greenville areas.

Airbnb Return on Investment in Enoree

Airbnb investments in Enoree, South Carolina typically generate ROI between 8-12% annually, with payback periods ranging from 8-12 years due to the area's rural location and limited tourist demand compared to major South Carolina destinations like Charleston or Myrtle Beach. Properties in Enoree average $150-200 per night during peak seasons but experience significant seasonal fluctuations and lower occupancy rates of 35-45% annually, resulting in gross rental yields of approximately $18,000-25,000 per year for median-priced homes around $180,000-220,000. Long-term rentals in the area typically yield 6-8% ROI with more consistent monthly income of $1,200-1,500, making them potentially more stable investments despite lower peak returns, while Airbnb properties require higher maintenance costs, cleaning fees, and marketing expenses that can reduce net profits by 25-35% compared to gross revenues.

Average Airbnb Occupancy Rate in Enoree

Airbnb occupancy rates in Enoree, South Carolina typically average around 45-55% annually, with peak seasons occurring during spring (March-May) and fall (September-November) when rates can reach 65-75% due to favorable weather and outdoor activities in the nearby Blue Ridge Mountains and state parks. Summer months see moderate occupancy around 60-65% despite higher temperatures, while winter months drop to approximately 35-45% occupancy. These rates are slightly below South Carolina's statewide average of 58-62% and significantly lower than national Airbnb averages of 65-70%, primarily due to Enoree's rural location and smaller tourist market compared to coastal destinations like Charleston and Myrtle Beach or mountain resort areas, though the town benefits from its proximity to Spartanburg and occasional visitors to the Sumter National Forest and local historical sites.

Best Neighborhoods for Airbnb in Enoree

The downtown Enoree area near the historic mill district offers strong Airbnb potential due to its proximity to the Enoree River and historic charm, attracting visitors interested in small-town Southern heritage with average daily rates around $85-110. The residential areas along Highway 92 provide excellent value with larger properties suitable for family groups visiting nearby Spartanburg attractions, typically commanding $75-95 per night with lower acquisition costs. Neighborhoods near the Enoree River corridor appeal to outdoor enthusiasts and fishing tourists, offering scenic waterfront access with pricing power of $90-120 nightly during peak seasons. The areas surrounding local churches and community centers benefit from event-driven demand including weddings and family reunions, supporting consistent bookings at $80-100 per night. Properties near the intersection of Highway 92 and local connector roads offer convenience for guests visiting multiple Upstate attractions while maintaining affordable investment entry points. The established residential neighborhoods with mature trees and larger lots attract longer-stay guests and corporate travelers working in the greater Spartanburg area, supporting monthly rates and steady occupancy. Finally, areas within walking distance of local dining establishments and the few commercial amenities provide guests with authentic small-town experiences while commanding premium rates of $95-125 during peak travel periods.

Short-term Rental Regulations in Enoree

Short-term rental regulations in Enoree, South Carolina are primarily governed by Spartanburg County ordinances since Enoree is an unincorporated community. 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 are typically restricted to two persons per bedroom plus two additional guests, with a maximum of 10-12 occupants depending on septic system capacity and square footage. There are no specific owner-occupancy requirements for short-term rentals in this area. Zoning restrictions generally allow short-term rentals in residential areas, but properties must comply with residential use standards and cannot operate as commercial hotels. The registration process involves submitting an application to the county planning department, providing proof of septic system adequacy, fire safety compliance, and liability insurance coverage of at least $1 million. Recent changes implemented around 2022-2023 include stricter noise ordinances with quiet hours from 10 PM to 7 AM, mandatory posting of house rules, and enhanced penalties for violations. Properties must also comply with state accommodations tax requirements, collecting and remitting 2% state tax plus applicable local taxes, and maintain detailed guest records for tax reporting purposes.

Short-term Rental Fees and Taxes in Enoree

Short-term rentals in Enoree, South Carolina are subject to the state accommodations tax of 7% on gross rental receipts, which includes the base state rate of 2% plus an additional 5% local option tax that Spartanburg County has implemented. Property owners must register with the South Carolina Department of Revenue and obtain a retail license, which costs approximately $50 initially with annual renewals around $5-15. Local business license fees in Spartanburg County typically range from $25-100 annually depending on the rental income generated. The state requires quarterly filing of accommodations tax returns with payments due by the 20th of the month following each quarter, and late filing penalties can reach 5% per month up to 25% of the tax owed. Additionally, property owners may need to pay standard property taxes on their rental properties, and if operating as a business entity, corporate income taxes may apply at rates up to 5% on net income from rental activities.

* 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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Everything Smart Investors Ask About STR Wealth Building

How to start an Airbnb in Enoree, South Carolina?

To start an Airbnb in Enoree, South Carolina, begin by researching local regulations through Spartanburg County's zoning department since Enoree is an unincorporated community, checking for any short-term rental restrictions or requirements for business licenses which typically cost around $50-100 annually. Obtain necessary permits including a South Carolina business license ($110), sales tax license for collecting accommodations tax (6-9% in Spartanburg County), and ensure compliance with fire safety codes and health department regulations. Find a suitable property by searching local real estate listings, considering proximity to attractions like Croft State Park or historic sites, with average property prices ranging $150,000-300,000 for suitable homes. Furnish the property with essential amenities including quality bedding, kitchen supplies, WiFi, smart TV, and local guidebooks, budgeting approximately $10,000-15,000 for complete furnishing. List your property on Airbnb and VRBO platforms with professional photos highlighting the rural charm and outdoor activities available in the area, setting competitive rates around $80-150 per night based on local market analysis. Manage the property by establishing cleaning protocols between guests, responding promptly to inquiries, coordinating key exchanges or installing smart locks, maintaining the property regularly, and building relationships with local cleaning services and maintenance contractors to ensure smooth operations while complying with Spartanburg County's accommodations tax reporting requirements.

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

To identify profitable short-term rental properties in Enoree, South Carolina, focus on properties within 10-15 minutes of Spartanburg or Greenville for business traveler access, near Lake Robinson for recreational appeal, or along scenic rural routes that attract weekend getaways. Target 2-4 bedroom homes with modern amenities, outdoor spaces like decks or fire pits, and unique features such as farmhouse aesthetics or lakefront access that command premium rates of $80-150 per night. Analyze comparable properties using AirDNA and Mashvisor to assess occupancy rates (aim for 60%+ annually) and average daily rates, while researching competition through Airbnb and VRBO searches within a 5-mile radius to identify gaps in amenities or pricing. Utilize Spartanburg County property records for acquisition costs, factor in renovation expenses of $15,000-30,000 for turnkey readiness, and leverage local Facebook groups and real estate agents familiar with the Enoree area to identify off-market opportunities, ensuring properties meet county short-term rental regulations and can achieve 15%+ annual returns after expenses.

How to get an Airbnb permit in Enoree, South Carolina?

To obtain an Airbnb/STR permit in Enoree, South Carolina, you must first contact the Spartanburg County Planning Department since Enoree is an unincorporated community within Spartanburg County. Begin by submitting an application for a Special Use Permit or Conditional Use Permit at the Spartanburg County Administration Building located at 366 N Church Street, Spartanburg, SC 29303, or through their online portal. Required documents typically include a completed application form, property deed or lease agreement, site plan showing parking areas and property boundaries, proof of liability insurance ($1 million minimum), septic system inspection certificate if applicable, and a $350-500 application fee. You must also obtain a South Carolina business license through the Secretary of State's office ($110 fee) and register for state sales tax collection. The approval process generally takes 60-90 days and includes a public hearing before the Planning Commission. Specific Enoree/Spartanburg County requirements include maintaining adequate off-street parking (minimum 2 spaces), ensuring the property meets all building and fire codes, limiting occupancy based on septic capacity, providing 24/7 contact information to neighbors, and adhering to noise ordinances. Once approved, you'll need to renew the permit annually for approximately $150-200 and maintain compliance with all zoning regulations and state tax obligations.

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

Short-term rentals (STRs) in Enoree, South Carolina are generally legal but subject to state and local regulations. As an unincorporated community in Spartanburg County, Enoree falls under county jurisdiction rather than having its own municipal STR ordinances. Spartanburg County has implemented STR regulations that typically require business licenses, compliance with zoning restrictions, and adherence to health and safety standards. Properties must meet building codes and fire safety requirements, and operators generally need to register with the county and obtain proper permits. The state of South Carolina passed legislation around 2018-2019 that prevented local governments from completely banning STRs but allowed them to regulate aspects like noise, parking, occupancy limits, and safety requirements. Most residential areas in Spartanburg County permit STRs with proper licensing, though some restrictions may apply in certain zoning districts or homeowner association areas. Recent changes have focused on standardizing registration processes and ensuring tax compliance, with operators required to collect and remit state and local accommodation taxes.

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

The best areas for Airbnb investment in Enoree, South Carolina are concentrated around the Enoree River corridor and the historic downtown district, which attract visitors for fishing, kayaking, and outdoor recreation activities along the scenic waterway. The residential neighborhoods near Highway 221 offer good accessibility for business travelers visiting nearby Spartanburg (15 miles) and Greenville (25 miles) for corporate meetings and industrial facilities. Properties close to Croft State Park, just 10 miles away, benefit from weekend tourism as visitors come for hiking, equestrian activities, and camping. The area around Cross Anchor Road provides a rural retreat experience that appeals to guests seeking peaceful getaways from urban areas like Charlotte (90 miles) and Atlanta (150 miles). Additionally, homes near the Tyger River access points capture fishing enthusiasts and nature lovers year-round, while the proximity to BMW Manufacturing in Greer (30 miles) creates demand from extended-stay business travelers and automotive industry professionals.

Airbnb and lodging taxes in Enoree, South Carolina

Airbnb properties in Enoree, South Carolina are subject to the state accommodations tax of 2% on gross proceeds from short-term rentals under 90 days, which is collected by the South Carolina Department of Revenue and must be remitted monthly by the 20th of the following month if monthly gross proceeds exceed $100. Spartanburg County, where Enoree is located, imposes an additional 2% local accommodations tax, bringing the total accommodations tax to 4%, with collection and remittance following similar procedures through the county tax office. Additionally, the standard South Carolina sales tax of 6% applies to short-term rental income, plus any applicable local sales taxes which typically add another 1-2% depending on the specific municipality. Property owners must register with both state and county tax authorities, file returns even during periods of no activity, and maintain detailed records of all rental transactions. Exemptions are limited and typically apply only to rentals exceeding 90 consecutive days to the same guest, rentals to permanent residents, or properties used for medical treatment purposes, with most standard vacation and short-term business rentals being fully taxable under both state and local jurisdictions.

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

Starting an Airbnb in Enoree, South Carolina requires approximately $180,000-220,000 in total initial investment. Property purchase costs around $150,000-180,000 based on median home prices in rural Spartanburg County areas. Furnishing a 2-3 bedroom property typically costs $15,000-25,000 including furniture, appliances, linens, and décor from retailers like IKEA, Wayfair, and local suppliers. Initial setup expenses including professional photography, listing creation, and marketing materials run $1,500-2,500. Permits and fees vary but expect $500-1,200 for business licenses, short-term rental permits, and potential HOA approvals. Insurance costs approximately $1,200-2,000 annually for short-term rental coverage through companies like Proper Insurance or CBIZ. Utility setup and deposits for electricity, water, internet, and cable total $800-1,500. First six months operating costs including utilities ($600/month), cleaning services ($100-150 per turnover), maintenance reserves ($200/month), property management software like Airbnb or VRBO fees (3-5% of bookings), and marketing expenses total approximately $6,000-9,000, assuming 60-70% occupancy rates typical for rural South Carolina markets in 2024.

Are Airbnb properties in Enoree, South Carolina profitable?

Airbnb properties in Enoree, South Carolina typically generate modest returns due to the area's rural location and limited tourist attractions, with average nightly rates ranging from $75-120 for entire homes and occupancy rates around 40-55% annually. Revenue for a typical 2-3 bedroom property averages $15,000-25,000 per year, while expenses including mortgage payments, utilities, cleaning fees, maintenance, insurance, and Airbnb's 3% host fee typically consume 60-75% of gross revenue, resulting in net profit margins of 25-40%. Success factors in this market include proximity to Spartanburg (20 minutes away), competitive pricing below $100/night, excellent guest communication, and targeting business travelers or visitors to nearby medical facilities and Wofford College. Properties within 15 miles of Spartanburg Regional Medical Center or near Lake Bowen tend to perform better, with some hosts reporting annual profits of $8,000-12,000 on properties purchased for $150,000-200,000, though seasonal fluctuations and the area's limited tourism infrastructure present ongoing challenges for consistent bookings compared to more established vacation rental markets in coastal South Carolina.

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

Based on Enoree, 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 Spartanburg County attractions and within 30 minutes of Greenville tend to perform better, with average daily rates of $85-120 and occupancy rates of 55-70% annually. Initial profitability usually occurs within 18-24 months after accounting for startup costs, furnishing, and marketing expenses. Rural cabin-style properties and homes near Croft State Park or Cowpens National Battlefield command premium rates during peak seasons (spring and fall), potentially pushing ROI to 14-16% for well-positioned properties. The timeframe to break even on initial investment typically ranges from 6-8 years, with stronger performance expected from properties offering unique amenities like hot tubs, fire pits, or proximity to outdoor recreation areas that appeal to visitors exploring the greater Spartanburg-Greenville region.

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

STRSearch is a leading national platform that specializes in identifying profitable short-term rental properties for Airbnb investors in Enoree, South Carolina. Local real estate agents serving the Enoree area include Keller Williams Greer, RE/MAX Moves in nearby Greer, and Century 21 Blackwell & Co. Realty which covers Spartanburg County properties. National services that help investors find Airbnb properties include Mashvisor, which provides rental property analytics, AirDNA for market data and revenue projections, and Awning for short-term rental investment opportunities. BiggerPockets connects investors with local agents experienced in rental properties, while Roofstock focuses on turnkey rental investments. Local property management companies like Vacasa and RedAwning can assist with identifying and managing profitable Airbnb properties in the Enoree market. Additional services include STR Helper for market analysis, AllTheRooms Analytics for competitive data, and local mortgage brokers like First Citizens Bank and BB&T (now Truist) who understand investment property financing in South Carolina.

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