Real Estate Investing in Iva, South Carolina (29655)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 29655 (Iva, 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: 15.3% 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 Iva, SC (29655)?
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Market Analysis: 29655 Iva
The 29655 ZIP in Iva, SC is a local-operator market. Outside capital chasing a $228K entry has to pair deep knowledge with the discount.
Rent of $846/mo on a $228K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 29655 sits below the stated 0.0% once reality is priced in.
From a cash-flow lens, 29655 offers a low basis, the region around Iva has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
Who lives in 29655 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
Strategy in 29655 is an operator game, not a passive one. In practical terms, entry prices of $228K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Iva:
Property Strategy for 29655
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $172,186 | $940 | 3.9% | +7.9% | $86,093 |
| 3BR | $272,289 | $1,230 | 3.3% | +10.1% | $90,763 |
Market Trends
Home Value History (with trend line)
📊 How Does 29655 Compare?
| Metric | 29655 | Iva | Greenville-Anderson, SC | South Carolina |
|---|---|---|---|---|
| Home Value | $227,896 | $227,896 | N/A | $299,690 |
| 5-Year CAGR | 5.1% | 5.1% | N/A | 7.3% |
| Avg Rent | $846 | $846 | N/A | - |
| Cap Rate | 2.9% | 2.9% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 29655 (Iva, SC). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $227,896 |
| Monthly Rent | $846 |
| Price-to-Rent | 22.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.5% |
| Cap Rate | 2.9% |
| 5-Year IRR | 8.0% |
📈 Home Appreciation
| 1-Year | +7.2% ▲ |
| 3-Year CAGR | +1.0% ▲ |
| 5-Year CAGR | +5.1% ▲ |
| 10-Year CAGR | +6.5% ▲ |
🏠 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 (2.9%). 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 29655
Population: 8,078
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 29655
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
What is the typical home price in Iva, SC?
Homes in Iva, SC typically sell near $228K. Prices have moved at a 0.0% 5-year CAGR, which consistent long-term demand.
How does Iva, SC stack up for property investment?
Iva, SC posts an investability rating of 3.0/5, with median home values near $228K and average rents around $846/mo. That combination puts it in the impressive tier for investor interest.
Is vacancy a concern in Iva, SC?
Expect elevated vacancy in Iva, SC. Rents at $846/mo are absorbed by the tenant base without meaningful lag.
Is Iva, SC landlord-friendly?
SC ranks as a landlord-friendly state for landlord-tenant law. Iva generally follows the statewide framework, so landlords face reasonable operating rules.
How deep is the rental pool in Iva, SC?
The tenant pool in Iva, SC is solid, supported by local employment and population fundamentals. Rents of $846/mo are well-absorbed by the market.
You know 29655 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 29655 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 29655 ranks in Greenville-Anderson, SC
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