Real Estate Investing in Norris, South Carolina (29667)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 29667 (Norris, SC)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
No major risk flags on the data we track.
• Limited market data — this is a very small market; averages are built from few observations and can swing widely. • Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Norris, SC (29667)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 29667 Norris
The 29667 ZIP in Norris, SC is a local-operator market. Outside capital chasing a $225K entry has to pair deep knowledge with the discount.
Distressed markets are won on execution, not on spreadsheets. ZIP 29667 comes in at the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
Statewide comparisons place 29667 among SC's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
Employment concentration in 29667 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
The 29667 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Norris:
Market Trends
Home Value History (with trend line)
📊 How Does 29667 Compare?
| Metric | 29667 | Norris | Greenville-Anderson, SC | South Carolina |
|---|---|---|---|---|
| Home Value | $224,839 | $224,839 | N/A | $299,690 |
| 5-Year CAGR | 6.3% | 6.3% | N/A | 7.3% |
| Avg Rent | $1,062 | $1,062 | N/A | - |
| Cap Rate | 3.7% | 3.7% | - | - |
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 29667 (Norris, SC). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $224,839 |
| Monthly Rent | $1,062 |
| Price-to-Rent | 17.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.7% |
| Cap Rate | 3.7% |
| 5-Year IRR | 10.0% |
📈 Home Appreciation
| 1-Year | +6.9% ▲ |
| 3-Year CAGR | +3.6% ▲ |
| 5-Year CAGR | +6.3% ▲ |
| 10-Year CAGR | +7.7% ▲ |
🏠 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 (3.7%). 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 29667
Population: 235
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 29667
Nearby Schools (3 more)
Schools in adjacent ZIP codes that may serve this area
Central Academy of the Arts
R. C. Edwards Middle
D. W. Daniel High
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 4,015 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What is the average home sale price in Norris, SC?
Typical homes in Norris, SC go for around $225K. The 5-year CAGR of 0.0% consistent price movement.
How much do tenants pay in Norris, SC?
Rent in Norris, SC is around $1,062/mo. The resulting rent-to-value relationship with $225K pricing is reasonable for most investor models.
What type of investing works in Norris, SC?
A careful cash-flow rentals with hands-on management strategy Norris, SC best. The market produces reliable results for that approach at the $225K price point.
What is it like being a landlord in Norris, SC?
SC law landlord-friendly for landlords, and Norris inherits those rules. Investors should still review local ordinances for rental licensing.
Are renters plentiful in Norris, SC?
Norris, SC draws a predictable base of working renters. Demand at the $1,062/mo rent level is reasonable for standard single-family and small multi rentals.
You know 29667 now. You don’t know where it ranks.
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How 29667 ranks in Greenville-Anderson, SC
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