Real Estate Investing in Latta, South Carolina (29565)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Dillon County • Population: 6,460 • Data updated: September 2026

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Should you buy in 29565 (Latta, SC)? Our answer, based on the numbers below.

🏠 For Homebuyers
CAUTION
Grade D (49/100)

Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.

📈 For Investors
MIXED
3.0 / 5 (52/100)

A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.

⚠️ Risks to Know
4 flags
  • High vacancy: 16.2% of homes vacant — above national norms.
  • Declining values: -3.9% 5-year CAGR — values have moved lower.
  • Elevated poverty: 27.9% poverty rate — can affect rent collection.
  • Lower household income: $36,076 median — tenant affordability is tighter.

• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.

What’s happening in Latta, SC (29565)?

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3.0/ 5

Investability

Overall investment appeal

1.0/ 5

Appreciation

Long-term value growth

4.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $127,875
Avg Monthly Rent $882
1% Rule ✗ Does Not Meet
Median Income $36,076
% Renters 35.2%

Market Analysis: 29565 Latta

ZIP 29565 in Latta, SC carries a resilient set of headwinds. Home values near $128K and rents of $882/mo sit inside a market where underwriting has to be tight.

Distressed markets are won on execution, not on spreadsheets. ZIP 29565 comes in at the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.

Meanwhile, 29565 offers a low basis, the region around Latta has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.

Who lives in 29565 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.

Strategically, 29565 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.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Latta:

C Below Average
Buy Confidence Score: 52/100
Affordability
20/25
Appreciation
0/25
Stability
9/20
Timing
8/15
Rental backup
15/15
Affordability
Moderate
Homes cost 3.5× the median income
Value Trend
Declining (-1.5%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $882/mo if you need to move
Market Conditions
BALANCED
Even conditions for buyers and sellers
Bottom Line: This market may be challenging for buyers. Consider your timing and budget carefully.

Market Trends

Home Value History (with trend line)

$181K$168K$155K$142K$129K$116KMay 2009Dec 2017Jul 2026

📊 How Does 29565 Compare?

Metric 29565 Latta South Carolina
Home Value $127,875 $127,875 $299,690
5-Year CAGR N/A N/A 7.3%
Avg Rent $882 $882 -
Cap Rate 5.4% 5.4% -
💡 Why Invest in 29565? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

A healthy rental market with 35% renter-occupied households ensures tenant availability.

📊 See where this ZIP ranks in our Best-of lists →
A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 29565 (Latta, SC). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
5.4%
Fair
5yr Growth
-3.9%
Declining

📊 Market Snapshot

Home Value $127,875
Monthly Rent $882
Price-to-Rent 12.1:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 8.3%
Cap Rate 5.4%
5-Year IRR 1.5%

📈 Home Appreciation

1-Year -1.5% ▼
3-Year CAGR -5.0% ▼
5-Year CAGR -3.9% ▼
10-Year CAGR -1.6% ▼

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 5.4%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (5.4%). 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.

Vacancy
16.2%
Elevated risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
-3.9%
Declining
Eviction process: Fast Rent control: Favorable

Demographics in 29565

Population: 6,460

💰 Median Household Income
$36,076
This area
$36,076
State
$58,636
USA
$74,580
🏠 Renter Occupied
35.2%
This area
35.2%
State
26.9%
USA
34.0%
💼 Unemployment Rate
3.9%
This area
3.9%
State
-1.4%
USA
3.7%
🎓 College Educated
13.3%
This area
13.3%
State
14.2%
USA
33.7%
👤 Median Age
34.4 years
This area
34.4 years
State
22.7 years
USA
38.9 years
🏚️ Vacancy Rate
16.2%
This area
16.2%
State
17.5%
USA
10.5%
👥 Population by Ethnicity
Black/African American 53.8%
White 41.2%
Other/Mixed 4.8%
Hispanic/Latino 1.7%
Asian 0.2%
👶 Under 18
27.8%
This area
27.8%
USA
22.0%
👴 65 and Over
11.0%
This area
11.0%
USA
17.3%
📊 Poverty Rate
27.9%
This area
27.9%
USA
11.5%

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 29565

B Avg School Grade
3 Schools
17.0:1 Avg Class Size
$12,264 Avg Per Pupil

Schools in This ZIP Code

B Good

Latta Elementary

📚 Pre-K – 04 Elementary
👥
636 Students
👨‍🏫
16.7:1 Class Size
💰
$12,264 Per Student
B Good

Latta High

📚 09 – 12 High School
👥
406 Students
👨‍🏫
16.9:1 Class Size
💰
$12,264 Per Student
B Good

Latta Middle

📚 05 – 08 School
👥
470 Students
👨‍🏫
17.4:1 Class Size
💰
$12,264 Per Student
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

1 Nearby 405 Off-Campus Students
C+
Francis Marion University
4,017 students · 14.4 mi

Frequently Asked Questions

What is the typical rental rate in Latta, SC?

Expect rents around $882/mo per month in Latta, SC. With home values at $128K, the yield math works out to reasonable levels for rental investors.

How strong is tenant demand in Latta, SC?

Expect a solid tenant pool in Latta, SC. The rental market absorbs $882/mo rents without meaningful friction.

Do landlords face vacancy issues in Latta, SC?

Latta, SC vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.

Are eviction rules reasonable in Latta, SC?

Rental owners in Latta, SC deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.

What kind of market is Latta, SC for investors?

Latta, SC rates 3.0/5 for investability. With median values at $128K and rents near $882/mo, the market offers reasonable fundamentals for rental investors.

You know 29565 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 29565 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.

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