Real Estate Investing in Salters, South Carolina (29590)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 29590 (Salters, 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: 20.1% of homes vacant — above national norms.
- Elevated poverty: 26.1% poverty rate — can affect rent collection.
- Lower household income: $38,939 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 Salters, SC (29590)?
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Market Analysis: 29590 Salters
ZIP 29590 inside Williamsburg County looks affordable on the surface — median value of $123K — but the discount exists for reasons that a careful buyer should understand before committing.
Distressed markets are won on execution, not on spreadsheets. ZIP 29590 records the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
Regionally, 29590 sits on the difficult end of the SC spectrum. The a strong candidate for read — for disciplined operators — is that pricing reflects the difficulty.
Who lives in 29590 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
trends toward the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in Salters:
Market Trends
Home Value History (with trend line)
📊 How Does 29590 Compare?
| Metric | 29590 | Salters | South Carolina |
|---|---|---|---|
| Home Value | $122,523 | $122,523 | $299,690 |
| 5-Year CAGR | 3.0% | 3.0% | 7.3% |
| Avg Rent | $810 | $810 | - |
| Cap Rate | 5.2% | 5.2% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 29590 (Salters, SC). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $122,523 |
| Monthly Rent | $810 |
| Price-to-Rent | 12.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.9% |
| Cap Rate | 5.2% |
| 5-Year IRR | 8.2% |
📈 Home Appreciation
| 1-Year | +9.1% ▲ |
| 3-Year CAGR | +1.9% ▲ |
| 5-Year CAGR | +3.0% ▲ |
| 10-Year CAGR | +3.5% ▲ |
🏠 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 (5.2%). 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 29590
Population: 3,756
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
🎓 Nearby Colleges & Universities
Frequently Asked Questions
What is the typical home price in Salters, SC?
Salters, SC home values average about $123K. That price point suits investors targeting rentals with $810/mo in monthly income.
Can I house hack in Salters, SC?
The a challenging house-hack environment in Salters, SC reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.
How landlord-friendly is Salters, SC?
Salters, SC falls under SC landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.
How tight is the rental market in Salters, SC?
Salters, SC vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
Are rents high in Salters, SC?
The typical rental in Salters, SC commands about $810/mo monthly. That rent profile measured cash flow against the $123K purchase basis.
You know 29590 now. You don’t know where it ranks.
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