Real Estate Investing in Eastover, South Carolina (29044)

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

Richland • Population: 4,299 • Data updated: September 2026

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Should you buy in 29044 (Eastover, SC)? Our answer, based on the numbers below.

🏠 For Homebuyers
GOOD FIT
Grade B (79/100)

Solid choice — stable market with a reasonable entry point and good rental backup if you ever need to move.

📈 For Investors
STRONG
4.0 / 5 (81/100)

A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.

⚠️ Risks to Know
1 flag
  • High vacancy: 21.8% 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 Eastover, SC (29044)?

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4.0/ 5

Investability

Overall investment appeal

2.0/ 5

Appreciation

Long-term value growth

5.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $103,916
Avg Monthly Rent $1,053
1% Rule ✓ Meets
Median Income $45,833
% Renters 17.9%

Market Analysis: 29044 Eastover

Homes in the 29044 ZIP trade near $104K, a discount that has historically rewarded investors willing to renovate. Rent comps near $1,053/mo support the pro forma.

Value-add is the defining thesis in 29044. Homes trade near $104K, well below the state median, and rehabbed comps tend to clear meaningfully higher — a classic forced-equity setup.

Statewide, SC value-add investors migrate toward ZIPs with 29044's profile — older stock, soft but real rent growth, and $104K pricing that keeps rehab math workable.

The 29044 ZIP's demographic trend has been one of stability with upside — population of 4,299, steady renter share, and an incoming cohort that is willing to pay for improved units.

The resilient opportunity in 29044 is buying the worst house on the block, fixing it, and renting it at the top of the local band. That is the strategy, repeated.

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 Eastover:

B Good
Buy Confidence Score: 73/100
Affordability
25/25
Appreciation
18/25
Stability
7/20
Timing
8/15
Rental backup
15/15
Affordability
Affordable
Homes cost 2.3× the median income
Value Trend
Rising (+4.7%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,053/mo if you need to move
Market Conditions
BALANCED
Even conditions for buyers and sellers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
🏠

Property Strategy for 29044

Which property type performs best in this market?

Best for Cash Flow
2BR
13.1% cap rate
Best for Appreciation
4BR
+7.8% 5yr CAGR
Best Overall Value
2BR
$32,158/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $64,316 $1,170 13.1% +7.7% $32,158
3BR $127,517 $1,500 8.5% +6.6% $42,506
4BR $216,486 $1,800 6.0% +7.8% $54,122

Market Trends

Home Value History (with trend line)

$114K$100K$85K$70K$55K$41KJul 2006Jul 2016Jul 2026

📊 How Does 29044 Compare?

Metric 29044 Eastover South Carolina
Home Value $103,916 $103,916 $299,690
5-Year CAGR 4.4% 4.4% 7.3%
Avg Rent $1,053 $1,053 -
Cap Rate 7.9% 7.9% -
💡 Why Invest in 29044? Click to expand

This ZIP code meets the 1% rule with rent at $1,053/mo on homes averaging $103,916 — a strong indicator of cash flow potential.

Our analysis gives this area a 4/5 investability rating, placing it in the top tier for rental property potential.

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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 29044 (Eastover, SC). Anonymous, moderated, never written by AI.

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Property managers serving Richland County

Manage rentals here? List your business →

Columbia Property Management offers consistent, first-class service for apartments and rentals in Columbia, SC, focusing on real estate management. summary from their website

Single-familySmall multifamilyCommercial
Unclaimed — is this your business? Claim it free

CAMS Community Association Management Services provides management and financial services for community associations, offering support for homeowners and board members. summary from their website

HOA
Unclaimed — is this your business? Claim it free

Chevelle Property Management, LLC is located at 7803 St Andrews Rd, Irmo, South Carolina. summary from their website

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Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.

Investability
Excellent
Cap Rate
7.9%
Good
5yr Growth
+4.4%
Moderate

📊 Market Snapshot

Home Value $103,916
Monthly Rent $1,053
Price-to-Rent 8.2:1
1% Rule ✓ Passes

💰 Return Metrics

Gross Yield 12.2%
Cap Rate 7.9%
5-Year IRR 12.3%

📈 Home Appreciation

1-Year +4.7% ▲
3-Year CAGR +1.6% ▲
5-Year CAGR +4.4% ▲
10-Year CAGR +7.0% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Positive Leverage Market Cap Rate: 7.9%  |  30yr Rate: 6.8%
Leverage may enhance returns here.

The estimated cap rate (7.9%) exceeds the current 30-yr mortgage rate (6.8%). When borrowing costs less than a property yields, leverage can increase your cash-on-cash return above the cap rate.

⚠️ Risk Signals

Composite view of factors that can impact a ZIP's stability and your downside risk.

Vacancy
21.8%
Elevated risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+4.4%
Stable
Eviction process: Fast Rent control: Favorable

Demographics in 29044

Population: 4,299

💰 Median Household Income
$45,833
This area
$45,833
State
$58,636
USA
$74,580
🏠 Renter Occupied
17.9%
This area
17.9%
State
26.9%
USA
34.0%
💼 Unemployment Rate
3.1%
This area
3.1%
State
-1.4%
USA
3.7%
🎓 College Educated
14.8%
This area
14.8%
State
14.2%
USA
33.7%
👤 Median Age
46.2 years
This area
46.2 years
State
22.7 years
USA
38.9 years
🏚️ Vacancy Rate
21.8%
This area
21.8%
State
17.5%
USA
10.5%
👥 Population by Ethnicity
Black/African American 56.7%
White 38.6%
Other/Mixed 4.3%
Hispanic/Latino 1.5%
Asian 0.5%
👶 Under 18
14.3%
This area
14.3%
USA
22.0%
👴 65 and Over
25.3%
This area
25.3%
USA
17.3%
📊 Poverty Rate
17.5%
This area
17.5%
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 29044

A+ Avg School Grade
1 Schools
9.9:1 Avg Class Size
$22,848 Avg Per Pupil

Schools in This ZIP Code

A+ Excellent

Webber School

📚 Pre-K – 05 Elementary
👥
202 Students
👨‍🏫
9.9:1 Class Size
💰
$22,848 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

2 Nearby
C
Kenneth Shuler School of Cosmetology-Columbia
74 students · 14.3 mi
C
Southeastern Esthetics Institute
318 students · 14.6 mi

Frequently Asked Questions

How much rent can I charge in Eastover, SC?

Investors in Eastover, SC typically see rents near $1,053/mo per month against $104K home values - a solid setup for rental cash flow.

Can you recycle capital via BRRRR in Eastover, SC?

Eastover, SC is a strong for BRRRR. Acquiring below market, rehabbing, and leasing at $1,053/mo produces solid refinance appraisals against $104K values.

How does Eastover, SC stack up for property investment?

Eastover, SC scores 4.0/5 for investability. Home values sit at $104K and rents near $1,053/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.

Is Eastover, SC good for house hacking?

House hacking in Eastover, SC is reasonable to execute. Prices around $104K and rents of $1,053/mo solid owner-occupant economics.

What investment strategy works best in Eastover, SC?

The best-fit strategy in Eastover, SC is value-add and BRRRR deals. That approach the rent and price profile of the market.

You know 29044 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 29044 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.

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