Real Estate Investing in Salley, South Carolina (29137)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 29137 (Salley, SC)? Our answer, based on the numbers below.
Mixed — values have been flat. OK for long-horizon buyers, less attractive if you may need to sell soon.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 23.2% of homes vacant — above national norms.
- Declining values: -3.3% 5-year CAGR — values have moved lower.
- Elevated poverty: 32.2% poverty rate — can affect rent collection.
- Lower household income: $34,938 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 Salley, SC (29137)?
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Market Analysis: 29137 Salley
Investors eyeing 29137 need to respect the fundamentals at play. Home values of $101K come alongside slower price movement and elevated management overhead.
The investment case in 29137 is notable only for operators who understand what they are buying. A $101K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
The gap between 29137 and stronger Salley ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
Employment concentration in 29137 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
Strategically, 29137 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 Salley:
Market Trends
Home Value History (with trend line)
📊 How Does 29137 Compare?
| Metric | 29137 | Salley | South Carolina |
|---|---|---|---|
| Home Value | $100,840 | $100,840 | $299,690 |
| 5-Year CAGR | N/A | N/A | 7.3% |
| Avg Rent | $873 | $873 | - |
| Cap Rate | 6.8% | 6.8% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 29137 (Salley, SC). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $100,840 |
| Monthly Rent | $873 |
| Price-to-Rent | 9.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 10.4% |
| Cap Rate | 6.8% |
| 5-Year IRR | 3.5% |
📈 Home Appreciation
| 1-Year | +11.6% ▲ |
| 3-Year CAGR | +0.8% ▲ |
| 5-Year CAGR | -3.3% ▼ |
| 10-Year CAGR | +2.3% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) is close to the estimated cap rate (6.8%). Financing this market at current rates produces a cash-on-cash return near the cap rate. Appreciation and tax benefits may still support the investment.
⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 29137
Population: 2,212
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
Frequently Asked Questions
How strong is the working-renter base in Salley, SC?
Tenant quality in Salley, SC ranks as solid. Landlords generally report measured occupancy at market rents of $873/mo.
Is real estate in Salley, SC a good investment right now?
Investors tracking Salley, SC will find a 3.0/5 rating supported by $101K median home values and $873/mo rents. That profile suits long-term holders targeting reliable returns.
What is the average home sale price in Salley, SC?
Salley, SC median home values land near $101K. That is reasonable territory for investors looking at $873/mo-per-month rentals.
Does Salley, SC favor landlords or tenants?
For rental operators, Salley, SC rates as landlord-friendly. The regulatory environment standard buy-and-hold operations.
How viable is house hacking in Salley, SC?
Salley, SC offers a challenging house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $873/mo rent level.
You know 29137 now. You don’t know where it ranks.
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