Real Estate Investing in Sumter, South Carolina (29150)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 29150 (Sumter, 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: 14.3% of homes vacant — above national norms.
What’s happening in Sumter, SC (29150)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 29150 Sumter
Looking more closely, ZIP 29150 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $182K median. It rewards specialists, not generalists.
For an experienced owner, 29150 can be a a viable market for hunting ground — but the discount at $182K reflects genuine risk that outside investors often underestimate.
ZIP 29150's metrics run below Sumter County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
In practical terms, 38,525 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.
Distressed ZIPs reward experience. substantial returns are possible in 29150, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Sumter:
Property Strategy for 29150
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $80,028 | $1,310 | 11.8% | +6.0% | $40,014 |
| 3BR | $170,435 | $1,570 | 6.6% | +5.8% | $56,812 |
| 4BR | $300,662 | $1,920 | 4.6% | +6.2% | $75,166 |
| 5BR | $351,548 | — | — | +5.3% | $70,310 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 29150 Compare?
| Metric | 29150 | Sumter | Sumter, SC | South Carolina |
|---|---|---|---|---|
| Home Value | $182,327 | $153,837 | N/A | $299,690 |
| 5-Year CAGR | 2.4% | 2.6% | N/A | 7.3% |
| Avg Rent | $1,378 | $1,695 | N/A | - |
| Cap Rate | 5.9% | 6.5% | - | - |
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 29150 (Sumter, SC). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $182,327 |
| Monthly Rent | $1,378 |
| Price-to-Rent | 11.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 9.1% |
| Cap Rate | 5.9% |
| 5-Year IRR | 8.3% |
📈 Home Appreciation
| 1-Year | +0.1% ▲ |
| 3-Year CAGR | -0.6% ▼ |
| 5-Year CAGR | +2.4% ▲ |
| 10-Year CAGR | +4.1% ▲ |
🏠 Rent Trends
| 1-Year | +21.4% ▲ |
| 3-Year CAGR | +10.1% ▲ |
| 5-Year CAGR | +9.7% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (5.9%). 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 29150
Population: 38,525
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 29150
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
Investor Insight: With 1,916 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How strong is Sumter, SC for real estate investors?
Sumter, SC scores 3.0/5 for investability. Home values sit at $182K and rents near $1,378/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
How qualified is the tenant pool in Sumter, SC?
The tenant pool in Sumter, SC is solid, supported by local employment and population fundamentals. Rents of $1,378/mo are well-absorbed by the market.
What is the rental occupancy rate in Sumter, SC?
Occupancy in Sumter, SC runs reliable with elevated vacancy. Well-priced units at $1,378/mo lease on reasonable timelines.
Are landlord laws favorable in Sumter, SC?
Sumter, SC operates under SC law, which is landlord-friendly overall for landlords. Expect even-keeled treatment in typical lease and eviction cases.
What is the typical rental rate in Sumter, SC?
The typical rental in Sumter, SC commands about $1,378/mo monthly. That rent profile measured cash flow against the $182K purchase basis.
You know 29150 now. You don’t know where it ranks.
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How 29150 ranks in Sumter, SC
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