Real Estate Investing in Surfside Beach, South Carolina (29575)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 29575 (Surfside Beach, 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: 50.5% of homes vacant — above national norms.
What’s happening in Surfside Beach, SC (29575)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 29575 Surfside Beach
ZIP 29575 in Surfside Beach, SC carries a robust set of headwinds. Home values near $360K and rents of $1,607/mo sit inside a market where underwriting has to be tight.
The investment case in 29575 is significant only for operators who understand what they are buying. A $360K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Nearby ZIPs in Surfside Beach have seen price recovery that 29575 has not matched. Horry County data supports the view that the spread is structural rather than temporary.
Demographically, 29575 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.
Strategically, 29575 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 Surfside Beach:
Property Strategy for 29575
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $130,534 | $1,340 | 7.4% | +7.9% | $130,534 |
| 2BR | $176,335 | $1,600 | 6.5% | +7.0% | $88,168 |
| 3BR | $374,063 | $1,970 | 3.8% | +8.3% | $124,688 |
| 4BR | $526,519 | $2,310 | 3.2% | +9.1% | $131,630 |
| 5BR | $792,845 | — | — | +10.6% | $158,569 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 29575 Compare?
| Metric | 29575 | Surfside Beach | South Carolina |
|---|---|---|---|
| Home Value | $360,243 | $360,243 | $299,690 |
| 5-Year CAGR | 6.0% | 6.0% | 7.3% |
| Avg Rent | $1,607 | $1,607 | - |
| Cap Rate | 3.5% | 3.5% | - |
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 29575 (Surfside Beach, SC). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 29575 (Surfside Beach, SC)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $360,243 |
| Monthly Rent | $1,607 |
| Price-to-Rent | 18.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.4% |
| Cap Rate | 3.5% |
| 5-Year IRR | 9.5% |
📈 Home Appreciation
| 1-Year | +3.2% ▲ |
| 3-Year CAGR | +0.4% ▲ |
| 5-Year CAGR | +6.0% ▲ |
| 10-Year CAGR | +7.1% ▲ |
🏠 Rent Trends
| 1-Year | -0.4% ▼ |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.5%). 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 29575
Population: 19,455
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 29575
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 4,344 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What is the rental occupancy rate in Surfside Beach, SC?
Occupancy in Surfside Beach, SC runs even-keeled with elevated vacancy. Well-priced units at $1,607/mo lease on reasonable timelines.
Where do home prices stand in Surfside Beach, SC?
Surfside Beach, SC median home values land near $360K. That is reasonable territory for investors looking at $1,607/mo-per-month rentals.
What is the investability score for Surfside Beach, SC?
Yes - Surfside Beach, SC a 3.0/5 investability score. With $360K home prices against $1,607/mo monthly rent, the market delivers a reasonable entry point for new investors.
What is the renter demographic in Surfside Beach, SC?
Surfside Beach, SC offers a measured renter base at the $1,607/mo rent level. Tenant turnover is reasonable for well-managed properties.
What approach is best for Surfside Beach, SC real estate?
The best-fit strategy in Surfside Beach, SC is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.
You know 29575 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 29575 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.
How 29575 ranks in Myrtle Beach-Conway-North Myrtle Beach, SC-NC
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 29575 (Surfside Beach)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 29575 (Surfside Beach, SC).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.