Real Estate Investing in Dalzell, South Carolina (29040)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Sumter County • Population: 8,906 • Data updated: September 2026

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Should you buy in 29040 (Dalzell, SC)? Our answer, based on the numbers below.

🏠 For Homebuyers
GOOD FIT
Grade B (73/100)

Solid choice — values are growing steadily and the market is stable enough to buy with confidence.

📈 For Investors
MIXED
3.0 / 5 (52/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
1 flag
  • Elevated vacancy: 8.7% vacancy may signal weakening demand.

What’s happening in Dalzell, SC (29040)?

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3.0/ 5

Investability

Overall investment appeal

3.0/ 5

Appreciation

Long-term value growth

4.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $215,948
Avg Monthly Rent $1,613
1% Rule ✗ Does Not Meet
Median Income $63,186
% Renters 28.0%

Market Analysis: 29040 Dalzell

ZIP 29040 inside Sumter County looks affordable on the surface — median value of $216K — but the discount exists for reasons that a careful buyer should understand before committing.

Rent of $1,613/mo on a $216K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 29040 sits below the stated 0.0% once reality is priced in.

In the broader SC picture, 29040 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.

Resident income in 29040 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.

Experienced landlords with local relationships tend to find 29040 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Dalzell:

B Good
Buy Confidence Score: 72/100
Affordability
20/25
Appreciation
22/25
Stability
9/20
Timing
6/15
Rental backup
15/15
Affordability
Moderate
Homes cost 3.4× the median income
Value Trend
Stable (+2.8%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,613/mo if you need to move
Market Conditions
WARM
Seller-favorable conditions, steady activity
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
☀️
WARM MARKET
Sumter, SC Metro Area
Seller-favorable conditions, steady activity
0 days
Average time to sell
Very Fast
7.8%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from Sumter, SC metro data
🏠

Property Strategy for 29040

Which property type performs best in this market?

Best for Cash Flow
3BR
5.0% cap rate
Best for Appreciation
3BR
+8.4% 5yr CAGR
Best Overall Value
3BR
$69,404/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
3BR $208,211 $1,440 5.0% +8.4% $69,404
4BR $285,386 $1,750 4.4% +7.1% $71,346

Market Trends

Home Value History (with trend line)

$231K$205K$180K$154K$128K$102KJul 2008Jul 2017Jul 2026

Rent History (with trend line)

$1,643$1,637$1,630$1,624$1,617$1,610May 2026Jun 2026Jun 2026

📊 How Does 29040 Compare?

Metric 29040 Dalzell Sumter, SC South Carolina
Home Value $215,948 $215,948 N/A $299,690
5-Year CAGR 5.9% 5.9% N/A 7.3%
Avg Rent $1,613 $1,613 N/A -
Cap Rate 5.8% 5.8% - -
💡 Why Invest in 29040? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

📊 See where this ZIP ranks in our Best-of lists →
A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 29040 (Dalzell, SC). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
5.8%
Fair
5yr Growth
+5.9%
Moderate

📉 Market Crash Risk Index

Based on Sumter, SC metro

1/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
1/3
57%
Days Pending
0/2
0 days

View all metro crash risk rankings →

📊 Market Snapshot

Home Value $215,948
Monthly Rent $1,613
Price-to-Rent 11.2:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 9.0%
Cap Rate 5.8%
5-Year IRR 11.7%

📈 Home Appreciation

1-Year +2.8% ▲
3-Year CAGR +3.8% ▲
5-Year CAGR +5.9% ▲
10-Year CAGR +6.2% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 5.8%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (5.8%). 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.

Vacancy
8.7%
Moderate risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+5.9%
Stable
Eviction process: Fast Rent control: Favorable

Demographics in 29040

Population: 8,906

💰 Median Household Income
$63,186
This area
$63,186
State
$58,636
USA
$74,580
🏠 Renter Occupied
28.0%
This area
28.0%
State
26.9%
USA
34.0%
💼 Unemployment Rate
3.9%
This area
3.9%
State
-1.4%
USA
3.7%
🎓 College Educated
19.0%
This area
19.0%
State
14.2%
USA
33.7%
👤 Median Age
31.4 years
This area
31.4 years
State
22.7 years
USA
38.9 years
🏚️ Vacancy Rate
8.7%
This area
8.7%
State
17.5%
USA
10.5%
👥 Population by Ethnicity
White 57.5%
Black/African American 31.7%
Other/Mixed 9.5%
Hispanic/Latino 2.4%
Asian 1.3%
👶 Under 18
27.7%
This area
27.7%
USA
22.0%
👴 65 and Over
11.8%
This area
11.8%
USA
17.3%
📊 Poverty Rate
12.9%
This area
12.9%
USA
11.5%

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 29040

B Avg School Grade
1 Schools
16.6:1 Avg Class Size
$13,072 Avg Per Pupil

Schools in This ZIP Code

B Good

Hillcrest Middle

📚 06 – 08 Middle
👥
391 Students
👨‍🏫
16.6:1 Class Size
💰
$13,072 Per Student
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

3 Nearby 1,916 Off-Campus Students
C
University of South Carolina-Sumter
1,692 students · 9.5 mi
C
Central Carolina Technical College
3,004 students · 9.6 mi
C
Morris College
421 students · 9.9 mi

Investor Insight: With 1,916 students living off-campus nearby, this area has strong rental demand from the college population.

Frequently Asked Questions

Is the tenant base reliable in Dalzell, SC?

The renter base in Dalzell, SC is reasonable for the $1,613/mo price point. Screening well and pricing to market typically yields consistent tenants.

What is the investability score for Dalzell, SC?

Dalzell, SC shows an investability rating of 3.0/5, with median home values near $216K and average rents around $1,613/mo. That combination puts it in the solid tier for investor interest.

What kind of vacancy should I budget for in Dalzell, SC?

Occupancy in Dalzell, SC runs steady with elevated vacancy. Well-priced units at $1,613/mo lease on reasonable timelines.

How do landlord-tenant laws work in Dalzell, SC?

SC law landlord-friendly for landlords, and Dalzell inherits those rules. Investors should still review local ordinances for rental licensing.

Can I live-in-and-rent in Dalzell, SC?

House hacking in Dalzell, SC is a challenging. With home values around $216K and rents at $1,613/mo, owner-occupants can offset a meaningful share of PITI.

You know 29040 now. You don’t know where it ranks.

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How 29040 ranks in Sumter, SC

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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