Real Estate Investing in Moore, South Carolina (29369)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 29369 (Moore, SC)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
No major risk flags on the data we track.
What’s happening in Moore, SC (29369)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 29369 Moore
Investors eyeing 29369 need to respect the fundamentals at play. Home values of $296K come alongside slower price movement and elevated management overhead.
Rent of $1,652/mo on a $296K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 29369 sits below the stated 0.0% once reality is priced in.
Regionally, 29369 sits on the difficult end of the SC spectrum. The a viable market for read — for disciplined operators — is that pricing reflects the difficulty.
Resident income in 29369 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
Strategically, 29369 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 Moore:
Property Strategy for 29369
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $206,643 | $1,580 | 5.5% | +8.8% | $103,321 |
| 3BR | $272,068 | $1,920 | 5.1% | +7.6% | $90,689 |
| 4BR | $331,222 | $2,210 | 4.8% | +5.8% | $82,805 |
| 5BR | $404,250 | — | — | +7.9% | $80,850 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 29369 Compare?
| Metric | 29369 | Moore | Spartanburg, SC | South Carolina |
|---|---|---|---|---|
| Home Value | $295,708 | $295,708 | N/A | $299,690 |
| 5-Year CAGR | 5.0% | 5.0% | N/A | 7.3% |
| Avg Rent | $1,652 | $1,652 | N/A | - |
| Cap Rate | 4.4% | 4.4% | - | - |
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 29369 (Moore, SC). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $295,708 |
| Monthly Rent | $1,652 |
| Price-to-Rent | 14.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.7% |
| Cap Rate | 4.4% |
| 5-Year IRR | 9.4% |
📈 Home Appreciation
| 1-Year | +1.7% ▲ |
| 3-Year CAGR | +1.9% ▲ |
| 5-Year CAGR | +5.0% ▲ |
| 10-Year CAGR | +6.4% ▲ |
🏠 Rent Trends
| 1-Year | +3.1% ▲ |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.4%). 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 29369
Population: 15,782
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 29369
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 2,510 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What is the typical rental rate in Moore, SC?
Rental rates in Moore, SC average $1,652/mo. Tenant demand and $296K home values make the yield look reasonable by investor standards.
Is Moore, SC good for landlords?
SC ranks as a landlord-friendly state for landlord-tenant law. Moore generally follows the statewide framework, so landlords face reasonable operating rules.
How high is vacancy risk in Moore, SC?
Expect elevated vacancy in Moore, SC. Rents at $1,652/mo are absorbed by the tenant base without meaningful lag.
Is it easy to find good tenants in Moore, SC?
The tenant pool in Moore, SC is solid, supported by local employment and population fundamentals. Rents of $1,652/mo are well-absorbed by the market.
What strategy should investors use in Moore, SC?
The best-fit strategy in Moore, SC is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.
You know 29369 now. You don’t know where it ranks.
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How 29369 ranks in Spartanburg, SC
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