Real Estate Investing in Round O, South Carolina (29474)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 29474 (Round O, 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: 17.4% 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 Round O, SC (29474)?
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Market Analysis: 29474 Round O
ZIP 29474 in Round O, SC carries a durable set of headwinds. Home values near $242K and rents of $810/mo sit inside a market where underwriting has to be tight.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $242K asset, 29474 is the wrong submarket. If the plan prices in friction, the yield can still work.
The gap between 29474 and stronger Round O ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
Who lives in 29474 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
Distressed ZIPs reward experience. durable returns are possible in 29474, 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 Round O:
Property Strategy for 29474
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 3BR | $239,471 | $1,080 | 3.2% | — | $79,824 |
| 4BR | $309,197 | $1,470 | 3.4% | — | $77,299 |
Market Trends
Home Value History (with trend line)
📊 How Does 29474 Compare?
| Metric | 29474 | Round O | South Carolina |
|---|---|---|---|
| Home Value | $241,516 | $241,516 | $299,690 |
| 5-Year CAGR | 4.8% | 4.8% | 7.3% |
| Avg Rent | $810 | $810 | - |
| Cap Rate | 2.6% | 2.6% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 29474 (Round O, SC). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $241,516 |
| Monthly Rent | $810 |
| Price-to-Rent | 24.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.0% |
| Cap Rate | 2.6% |
| 5-Year IRR | 7.4% |
📈 Home Appreciation
| 1-Year | +4.5% ▲ |
| 3-Year CAGR | +4.5% ▲ |
| 5-Year CAGR | +4.8% ▲ |
| 10-Year CAGR | +7.7% ▲ |
🏠 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 (2.6%). 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 29474
Population: 1,275
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 should investors approach Round O, SC?
In Round O, SC the sturdy play is typically careful cash-flow rentals with hands-on management. The combination of $242K prices and $810/mo rents suits that approach.
How deep is the rental pool in Round O, SC?
Expect a solid tenant pool in Round O, SC. The rental market absorbs $810/mo rents without meaningful friction.
Is Round O, SC a good place for real estate investing?
Round O, SC reflects an investability rating of 3.0/5, with median home values near $242K and average rents around $810/mo. That combination puts it in the resilient tier for investor interest.
Does house hacking make sense in Round O, SC?
House hacking in Round O, SC is reasonable to execute. Prices around $242K and rents of $810/mo solid owner-occupant economics.
What are vacancy rates like in Round O, SC?
Round O, SC sees elevated vacancy, which is reasonable relative to the broader SC rental market.
You know 29474 now. You don’t know where it ranks.
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