Real Estate Investing in Donalds, South Carolina (29638)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 29638 (Donalds, 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: 14.5% 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 Donalds, SC (29638)?
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Market Analysis: 29638 Donalds
The 29638 ZIP covers a section of Donalds that demands careful diligence. Prices near $198K look accessible, but the work to make a deal cash flow is real.
The investment case in 29638 is sturdy only for operators who understand what they are buying. A $198K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
The gap between 29638 and stronger Donalds ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
A durable renter share of 21% in 29638 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
Distressed ZIPs reward experience. impressive returns are possible in 29638, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Donalds:
Property Strategy for 29638
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $150,860 | $910 | 4.3% | — | $75,430 |
| 3BR | $208,835 | $1,200 | 4.1% | +8.5% | $69,612 |
Market Trends
Home Value History (with trend line)
📊 How Does 29638 Compare?
| Metric | 29638 | Donalds | Greenwood, SC | South Carolina |
|---|---|---|---|---|
| Home Value | $197,807 | $197,807 | N/A | $299,690 |
| 5-Year CAGR | 4.0% | 4.0% | N/A | 7.3% |
| Avg Rent | $819 | $819 | N/A | - |
| Cap Rate | 3.2% | 3.2% | - | - |
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 29638 (Donalds, SC). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $197,807 |
| Monthly Rent | $819 |
| Price-to-Rent | 20.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.0% |
| Cap Rate | 3.2% |
| 5-Year IRR | 7.2% |
📈 Home Appreciation
| 1-Year | +10.7% ▲ |
| 3-Year CAGR | +0.7% ▲ |
| 5-Year CAGR | +4.0% ▲ |
| 10-Year CAGR | +5.8% ▲ |
🏠 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 (3.2%). 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 29638
Population: 3,669
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 29638
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
Frequently Asked Questions
How strong is the working-renter base in Donalds, SC?
Tenant demand in Donalds, SC is solid. The local workforce $819/mo rents across most rental classes.
Should investors consider Donalds, SC?
With a 3.0/5 investability score, Donalds, SC ranks as a solid market for rental property investors. Median prices of $198K and rents of $819/mo drive the underlying numbers.
Where do home prices stand in Donalds, SC?
Donalds, SC median home values land near $198K. That is reasonable territory for investors looking at $819/mo-per-month rentals.
Are eviction rules reasonable in Donalds, SC?
For rental operators, Donalds, SC rates as landlord-friendly. The regulatory environment standard buy-and-hold operations.
How should investors approach Donalds, SC?
Most investors in Donalds, SC run a careful cash-flow rentals with hands-on management strategy. It aligns with the 3.0/5 investability profile and the market fundamentals.
You know 29638 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 29638 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 29638 ranks in Greenwood, SC
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