Real Estate Investing in Cassatt, South Carolina (29032)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 29032 (Cassatt, SC)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.
- High vacancy: 14.7% of homes vacant — above national norms.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Cassatt, SC (29032)?
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Market Analysis: 29032 Cassatt
Not every below-median market is a bargain. Cassatt's 29032 ZIP clocks in at signals that favor experienced operators who can absorb the risk $176K pricing implies.
The 29032 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
The gap between 29032 and stronger Cassatt ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
Employment concentration in 29032 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
Strategy in 29032 is an operator game, not a passive one. In practical terms, entry prices of $176K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Cassatt:
Market Trends
Home Value History (with trend line)
📊 How Does 29032 Compare?
| Metric | 29032 | Cassatt | Columbia, SC | South Carolina |
|---|---|---|---|---|
| Home Value | $176,191 | $176,191 | N/A | $299,690 |
| 5-Year CAGR | 1.8% | 1.8% | N/A | 7.3% |
| Avg Rent | $873 | $873 | N/A | - |
| Cap Rate | 3.9% | 3.9% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 29032 (Cassatt, SC). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $176,191 |
| Monthly Rent | $873 |
| Price-to-Rent | 16.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.0% |
| Cap Rate | 3.9% |
| 5-Year IRR | 5.7% |
📈 Home Appreciation
| 1-Year | +8.5% ▲ |
| 3-Year CAGR | +1.3% ▲ |
| 5-Year CAGR | +1.8% ▲ |
| 10-Year CAGR | +3.6% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.9%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 29032
Population: 4,817
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 29032
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Frequently Asked Questions
Where do rents currently stand in Cassatt, SC?
The typical rental in Cassatt, SC commands about $873/mo monthly. That rent profile consistent cash flow against the $176K purchase basis.
What is the best play in Cassatt, SC?
Cassatt, SC investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($176K prices, $873/mo rents) make it a reasonable choice.
Should investors consider Cassatt, SC?
The 2.0/5 investability rating in Cassatt, SC reflects its $176K prices and $873/mo rents. Investors generally consider it a solid option within SC.
How quickly do rentals get leased in Cassatt, SC?
Vacancy risk in Cassatt, SC is elevated. That supports consistent cash flow for typical rental holds.
Is Cassatt, SC good for landlords?
For rental operators, Cassatt, SC rates as landlord-friendly. The regulatory environment standard buy-and-hold operations.
You know 29032 now. You don’t know where it ranks.
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How 29032 ranks in Columbia, SC
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