Real Estate Investing in Neeses, South Carolina (29107)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 29107 (Neeses, SC)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 19.8% of homes vacant — above national norms.
- Lower household income: $39,414 median — tenant affordability is tighter.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Neeses, SC (29107)?
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Market Analysis: 29107 Neeses
The 29107 ZIP covers a section of Neeses that demands careful diligence. Prices near $134K look accessible, but the work to make a deal cash flow is real.
Put differently, the numbers look inviting — $134K purchase price, 0.0% nominal cap — the work to hit that pro forma in 29107 is substantial and deserves full respect.
ZIP 29107's metrics run below Orangeburg's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
Demographically, 29107 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
Strategically, 29107 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in Neeses:
Market Trends
Home Value History (with trend line)
📊 How Does 29107 Compare?
| Metric | 29107 | Neeses | South Carolina |
|---|---|---|---|
| Home Value | $133,713 | $133,713 | $299,690 |
| 5-Year CAGR | 1.7% | 1.7% | 7.3% |
| Avg Rent | $810 | $810 | - |
| Cap Rate | 4.7% | 4.7% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 29107 (Neeses, SC). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $133,713 |
| Monthly Rent | $810 |
| Price-to-Rent | 13.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.3% |
| Cap Rate | 4.7% |
| 5-Year IRR | 6.4% |
📈 Home Appreciation
| 1-Year | +18.0% ▲ |
| 3-Year CAGR | +2.5% ▲ |
| 5-Year CAGR | +1.7% ▲ |
| 10-Year CAGR | +5.4% ▲ |
🏠 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 (4.7%). 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 29107
Population: 2,695
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 29107
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
What is the best play in Neeses, SC?
A careful cash-flow rentals with hands-on management strategy Neeses, SC best. The market produces predictable results for that approach at the $134K price point.
Are renters plentiful in Neeses, SC?
The renter base in Neeses, SC is reasonable for the $810/mo price point. Screening well and pricing to market typically yields measured tenants.
What is the average monthly rent in Neeses, SC?
Rental rates in Neeses, SC average $810/mo. Tenant demand and $134K home values make the yield look reasonable by investor standards.
How expensive is real estate in Neeses, SC?
Expect median prices around $134K in Neeses, SC. The market has run at a 0.0% 5-year CAGR, so entry costs have been predictable.
Is Neeses, SC a good market for buy-and-hold investors?
With a 3.0/5 investability score, Neeses, SC ranks as a solid market for rental property investors. Median prices of $134K and rents of $810/mo drive the underlying numbers.
You know 29107 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 29107 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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