Real Estate Investing in Andrews, South Carolina (29510)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 29510 (Andrews, 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: 17.8% of homes vacant — above national norms.
- Elevated poverty: 29.2% poverty rate — can affect rent collection.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Andrews, SC (29510)?
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Market Analysis: 29510 Andrews
ZIP 29510 in Andrews, SC carries a solid set of headwinds. Home values near $149K and rents of $972/mo sit inside a market where underwriting has to be tight.
The investment case in 29510 is robust only for operators who understand what they are buying. A $149K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
The gap between 29510 and stronger Andrews ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
Demographically, 29510 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.
Distressed ZIPs reward experience. robust returns are possible in 29510, 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 Andrews:
Property Strategy for 29510
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $107,971 | $1,080 | 7.2% | +9.5% | $53,985 |
| 3BR | $182,748 | $1,300 | 5.1% | +7.0% | $60,916 |
| 4BR | $260,527 | $1,550 | 4.3% | +8.4% | $65,132 |
Market Trends
Home Value History (with trend line)
📊 How Does 29510 Compare?
| Metric | 29510 | Andrews | Georgetown, SC | South Carolina |
|---|---|---|---|---|
| Home Value | $148,713 | $148,713 | N/A | $299,690 |
| 5-Year CAGR | 2.4% | 2.4% | N/A | 7.3% |
| Avg Rent | $972 | $972 | N/A | - |
| Cap Rate | 5.1% | 5.1% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 29510 (Andrews, SC). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $148,713 |
| Monthly Rent | $972 |
| Price-to-Rent | 12.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.8% |
| Cap Rate | 5.1% |
| 5-Year IRR | 7.5% |
📈 Home Appreciation
| 1-Year | +0.4% ▲ |
| 3-Year CAGR | -0.6% ▼ |
| 5-Year CAGR | +2.4% ▲ |
| 10-Year CAGR | +5.2% ▲ |
🏠 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 (5.1%). 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 29510
Population: 9,803
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 29510
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 is the median home value in Andrews, SC?
Median home price in Andrews, SC is near $149K, with a 5-year CAGR of 0.0%. Prices have been predictable and supportive of buy-and-hold strategies.
Is house hacking profitable in Andrews, SC?
House hacking in Andrews, SC is a challenging. With home values around $149K and rents at $972/mo, owner-occupants can offset a meaningful share of PITI.
How deep is the rental pool in Andrews, SC?
Tenant quality in Andrews, SC ranks as solid. Landlords generally report steady occupancy at market rents of $972/mo.
Is rental property easy to operate in Andrews, SC?
For rental operators, Andrews, SC rates as landlord-friendly. The regulatory environment standard buy-and-hold operations.
How much do tenants pay in Andrews, SC?
Rental rates in Andrews, SC average $972/mo. Tenant demand and $149K home values make the yield look reasonable by investor standards.
You know 29510 now. You don’t know where it ranks.
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