Real Estate Investing in Chesterfield, South Carolina (29584)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 29584 (Chesterfield, SC)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 13.0% 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 Chesterfield, SC (29584)?
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Market Analysis: 29584 Chesterfield
The 29584 ZIP covers a section of Chesterfield that demands careful diligence. Prices near $138K look accessible, but the work to make a deal cash flow is real.
The investment case in 29584 is durable only for operators who understand what they are buying. A $138K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
ZIP 29584's metrics run below Chesterfield County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
The demographic picture in 29584 includes headwinds that any investor should price in. Income distribution skews lower than Chesterfield averages, and tenant stability requires active management.
Strategically, 29584 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 Chesterfield:
Market Trends
Home Value History (with trend line)
📊 How Does 29584 Compare?
| Metric | 29584 | Chesterfield | South Carolina |
|---|---|---|---|
| Home Value | $137,851 | $161,695 | $299,690 |
| 5-Year CAGR | N/A | 4.4% | 7.3% |
| Avg Rent | $909 | $860 | - |
| Cap Rate | 5.1% | 4.3% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 29584 (Chesterfield, SC). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $137,851 |
| Monthly Rent | $909 |
| Price-to-Rent | 12.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.9% |
| Cap Rate | 5.1% |
| 5-Year IRR | 13.7% |
📈 Home Appreciation
| 1-Year | +8.5% ▲ |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
| 10-Year CAGR | N/A |
🏠 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 29584
Population: 2,527
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 29584
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 546 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What is the typical home price in Chesterfield, SC?
Chesterfield, SC home values average about $138K. That price point suits investors targeting rentals with $909/mo in monthly income.
How deep is the rental pool in Chesterfield, SC?
Chesterfield, SC offers a reliable renter base at the $909/mo rent level. Tenant turnover is reasonable for well-managed properties.
How much rent can I charge in Chesterfield, SC?
Investors in Chesterfield, SC typically see rents near $909/mo per month against $138K home values - a solid setup for rental cash flow.
Can owner-occupants cash flow in Chesterfield, SC?
The a challenging house-hack environment in Chesterfield, SC reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.
Are eviction rules reasonable in Chesterfield, SC?
Landlord-friendliness in Chesterfield, SC is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.
You know 29584 now. You don’t know where it ranks.
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