Real Estate Investing in Summerton, South Carolina (29148)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 29148 (Summerton, SC)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 39.3% 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 Summerton, SC (29148)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 29148 Summerton
The 29148 ZIP in Summerton, SC is a local-operator market. Outside capital chasing a $205K entry has to pair deep knowledge with the discount.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 29148 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
Within SC, ZIP 29148 trails on several market indicators that neighboring Clarendon County submarkets outperform. The gap is real and impressive enough to shape underwriting.
Demographically, 29148 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.
Strategy in 29148 is an operator game, not a passive one. From an investor standpoint, entry prices of $205K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Summerton:
Market Trends
Home Value History (with trend line)
📊 How Does 29148 Compare?
| Metric | 29148 | Summerton | Sumter, SC | South Carolina |
|---|---|---|---|---|
| Home Value | $204,534 | $204,534 | N/A | $299,690 |
| 5-Year CAGR | 2.4% | 2.4% | N/A | 7.3% |
| Avg Rent | $810 | $810 | N/A | - |
| 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 29148 (Summerton, SC). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 29148 (Summerton, SC)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $204,534 |
| Monthly Rent | $810 |
| Price-to-Rent | 21.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.8% |
| Cap Rate | 3.1% |
| 5-Year IRR | 5.5% |
📈 Home Appreciation
| 1-Year | +2.7% ▲ |
| 3-Year CAGR | +0.4% ▲ |
| 5-Year CAGR | +2.4% ▲ |
| 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 (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 29148
Population: 5,753
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 29148
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 real estate strategy is ideal for Summerton, SC?
Summerton, SC investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($205K prices, $810/mo rents) make it a reasonable choice.
How strong is the working-renter base in Summerton, SC?
The renter base in Summerton, SC is reasonable for the $810/mo price point. Screening well and pricing to market typically yields even-keeled tenants.
What is the average home sale price in Summerton, SC?
Expect median prices around $205K in Summerton, SC. The market has run at a 0.0% 5-year CAGR, so entry costs have been reliable.
How high is vacancy risk in Summerton, SC?
Vacancy risk in Summerton, SC is elevated. That supports stable cash flow for typical rental holds.
What does house hacking look like in Summerton, SC?
The a challenging house-hack environment in Summerton, SC reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.
You know 29148 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 29148 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.
How 29148 ranks in Sumter, SC
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 29148 (Summerton)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 29148 (Summerton, SC).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.