Real Estate Investing in Leesville, South Carolina (29070)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 29070 (Leesville, SC)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 20.4% 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 Leesville, SC (29070)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 29070 Leesville
Meanwhile, ZIP 29070 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $263K median. It rewards specialists, not generalists.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $263K asset, 29070 is the wrong submarket. If the plan prices in friction, the yield can still work.
The gap between 29070 and stronger Leesville ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
In practical terms, 15,528 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.
Experienced landlords with local relationships tend to find 29070 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Leesville:
Property Strategy for 29070
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $192,528 | $1,170 | 4.4% | +7.7% | $96,264 |
| 3BR | $242,923 | $1,500 | 4.4% | +8.3% | $80,974 |
| 4BR | $396,675 | $1,800 | 3.3% | +8.2% | $99,169 |
| 5BR | $632,666 | — | — | +9.6% | $126,533 |
Market Trends
Home Value History (with trend line)
📊 How Does 29070 Compare?
| Metric | 29070 | Leesville | South Carolina |
|---|---|---|---|
| Home Value | $263,390 | $263,390 | $299,690 |
| 5-Year CAGR | 5.5% | 5.5% | 7.3% |
| Avg Rent | $1,053 | $1,053 | - |
| Cap Rate | 3.1% | 3.1% | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 29070 (Leesville, SC). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 29070 (Leesville, SC)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $263,390 |
| Monthly Rent | $1,053 |
| Price-to-Rent | 20.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.8% |
| Cap Rate | 3.1% |
| 5-Year IRR | 8.6% |
📈 Home Appreciation
| 1-Year | +7.0% ▲ |
| 3-Year CAGR | +5.1% ▲ |
| 5-Year CAGR | +5.5% ▲ |
| 10-Year CAGR | +7.0% ▲ |
🏠 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 (3.1%). 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 29070
Population: 15,528
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 29070
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.
Frequently Asked Questions
What are home prices like in Leesville, SC?
Expect median prices around $263K in Leesville, SC. The market has run at a 0.0% 5-year CAGR, so entry costs have been stable.
What is the typical vacancy rate in Leesville, SC?
Vacancy risk in Leesville, SC is elevated. That supports stable cash flow for typical rental holds.
How do landlord-tenant laws work in Leesville, SC?
Rental owners in Leesville, SC deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.
How viable is house hacking in Leesville, SC?
House hacking in Leesville, SC is reasonable to execute. Prices around $263K and rents of $1,053/mo solid owner-occupant economics.
What strategy should investors use in Leesville, SC?
Leesville, SC investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($263K prices, $1,053/mo rents) make it a reasonable choice.
You know 29070 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 29070 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.
AI Market Advisor
Ask questions about investing in 29070 (Leesville)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 29070 (Leesville, SC).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.