Real Estate Investing in Belton, South Carolina (29627)

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

Anderson County • Population: 16,518 • Data updated: September 2026

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Should you buy in 29627 (Belton, SC)? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (65/100)

Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
1 flag
  • High vacancy: 13.6% 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 Belton, SC (29627)?

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3.0/ 5

Investability

Overall investment appeal

4.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $264,864
Avg Monthly Rent $1,062
1% Rule ✗ Does Not Meet
Median Income $59,672
% Renters 19.9%

Market Analysis: 29627 Belton

The 29627 ZIP covers a section of Belton that demands careful diligence. Prices near $265K look accessible, but the work to make a deal cash flow is real.

The investment case in 29627 is sturdy only for operators who understand what they are buying. A $265K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.

Within SC, ZIP 29627 trails on several market indicators that neighboring Anderson County submarkets outperform. The gap is real and healthy enough to shape underwriting.

Demographically, 29627 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, 29627 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 Belton:

B Good
Buy Confidence Score: 76/100
Affordability
15/25
Appreciation
25/25
Stability
11/20
Timing
10/15
Rental backup
15/15
Affordability
Moderate
Homes cost 4.4× the median income
Value Trend
Rising (+5.2%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,062/mo if you need to move
Market Conditions
COOL
More inventory, negotiating room for buyers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
❄️
COOL MARKET
Greenville-Anderson, SC Metro Area
More inventory, negotiating room for buyers
59 days
Average time to sell
Average
10.9%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from Greenville-Anderson, SC metro data
🏠

Property Strategy for 29627

Which property type performs best in this market?

Best for Cash Flow
2BR
5.7% cap rate
Best for Appreciation
2BR
+11.4% 5yr CAGR
Best Overall Value
2BR
$74,022/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $148,045 $1,180 5.7% +11.4% $74,022
3BR $266,148 $1,440 3.9% +10.8% $88,716
4BR $426,781 $1,740 2.9% +10.4% $106,695

Market Trends

Home Value History (with trend line)

$281K$240K$199K$158K$117K$75KJul 2006Jul 2016Jul 2026

📊 How Does 29627 Compare?

Metric 29627 Belton Greenville-Anderson, SC South Carolina
Home Value $264,864 $264,864 N/A $299,690
5-Year CAGR 8.6% 8.6% N/A 7.3%
Avg Rent $1,062 $1,062 N/A -
Cap Rate 3.1% 3.1% - -
💡 Why Invest in 29627? Click to expand

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

📊 See where this ZIP ranks in our Best-of lists →
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 29627 (Belton, SC). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
3.1%
Low
5yr Growth
+8.6%
Strong

📊 Market Snapshot

Home Value $264,864
Monthly Rent $1,062
Price-to-Rent 20.8:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 4.8%
Cap Rate 3.1%
5-Year IRR 11.7%

📈 Home Appreciation

1-Year +5.2% ▲
3-Year CAGR +5.2% ▲
5-Year CAGR +8.6% ▲
10-Year CAGR +8.8% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 3.1%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.1%). 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.

Vacancy
13.6%
Moderate risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+8.6%
Growing
Eviction process: Fast Rent control: Favorable

Demographics in 29627

Population: 16,518

💰 Median Household Income
$59,672
This area
$59,672
State
$58,636
USA
$74,580
🏠 Renter Occupied
19.9%
This area
19.9%
State
26.9%
USA
34.0%
💼 Unemployment Rate
2.9%
This area
2.9%
State
-1.4%
USA
3.7%
🎓 College Educated
14.8%
This area
14.8%
State
14.2%
USA
33.7%
👤 Median Age
41.3 years
This area
41.3 years
State
22.7 years
USA
38.9 years
🏚️ Vacancy Rate
13.6%
This area
13.6%
State
17.5%
USA
10.5%
👥 Population by Ethnicity
White 81.8%
Black/African American 13.2%
Other/Mixed 4.7%
Hispanic/Latino 1.9%
Asian 0.2%
👶 Under 18
22.3%
This area
22.3%
USA
22.0%
👴 65 and Over
20.5%
This area
20.5%
USA
17.3%
📊 Poverty Rate
9.9%
This area
9.9%
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 29627

B+ Avg School Grade
5 Schools
13.8:1 Avg Class Size
$14,248 Avg Per Pupil

Schools in This ZIP Code

A Very Good

Belton Preparatory Academy

📚 K – 07 School Charter
👥
287 Students
👨‍🏫
14.4:1 Class Size
💰
$18,946 Per Student
B+ Above Average

Belton Elementary

📚 03 – 05 Elementary
👥
382 Students
👨‍🏫
14.2:1 Class Size
💰
$13,073 Per Student
B+ Above Average

Belton Middle

📚 06 – 08 Middle
👥
458 Students
👨‍🏫
13.5:1 Class Size
💰
$13,073 Per Student
B+ Above Average

Marshall Primary

📚 Pre-K – 02 Elementary
👥
432 Students
👨‍🏫
13.9:1 Class Size
💰
$13,073 Per Student
B Good

Wright Elementary

📚 K – 05 Elementary
👥
199 Students
👨‍🏫
13.3:1 Class Size
💰
$13,073 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

2 Nearby
C+
Anderson University
4,325 students · 9.2 mi
C
Erskine College
984 students · 13.8 mi

Frequently Asked Questions

Is Belton in SC worth investing in?

With a 3.0/5 investability score, Belton, SC ranks as a solid market for rental property investors. Median prices of $265K and rents of $1,062/mo drive the underlying numbers.

What is the average monthly rent in Belton, SC?

Rental rates in Belton, SC average $1,062/mo. Tenant demand and $265K home values make the yield look reasonable by investor standards.

Is SC a landlord-friendly state?

Belton, SC falls under SC landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.

What are vacancy rates like in Belton, SC?

Rental vacancy in Belton, SC is elevated. Investors should budget normal turnover but not chronic empty units.

What investment strategy works best in Belton, SC?

The best-fit strategy in Belton, SC is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.

You know 29627 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 29627 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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How 29627 ranks in Greenville-Anderson, SC

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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