Real Estate Investing in Pendleton, South Carolina (29670)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 29670 (Pendleton, 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.
- Elevated vacancy: 8.0% vacancy may signal weakening demand.
What’s happening in Pendleton, SC (29670)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 29670 Pendleton
Meanwhile, ZIP 29670 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $285K median. It rewards specialists, not generalists.
For an experienced owner, 29670 can be a a strong candidate for hunting ground — but the discount at $285K reflects genuine risk that outside investors often underestimate.
The gap between 29670 and stronger Pendleton ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
Who lives in 29670 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
Experienced landlords with local relationships tend to find 29670 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Pendleton:
Property Strategy for 29670
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $187,944 | $1,310 | 5.0% | +10.3% | $93,972 |
| 3BR | $279,594 | $1,700 | 4.4% | +8.3% | $93,198 |
| 4BR | $341,336 | $2,060 | 4.3% | +6.7% | $85,334 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 29670 Compare?
| Metric | 29670 | Pendleton | Greenville-Anderson, SC | South Carolina |
|---|---|---|---|---|
| Home Value | $284,854 | $284,854 | N/A | $299,690 |
| 5-Year CAGR | 6.2% | 6.2% | N/A | 7.3% |
| Avg Rent | $1,512 | $1,512 | N/A | - |
| Cap Rate | 4.1% | 4.1% | - | - |
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 29670 (Pendleton, SC). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 29670 (Pendleton, SC)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $284,854 |
| Monthly Rent | $1,512 |
| Price-to-Rent | 15.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.4% |
| Cap Rate | 4.1% |
| 5-Year IRR | 10.4% |
📈 Home Appreciation
| 1-Year | +0.9% ▲ |
| 3-Year CAGR | +2.0% ▲ |
| 5-Year CAGR | +6.2% ▲ |
| 10-Year CAGR | +7.1% ▲ |
🏠 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 (4.1%). 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.
Demographics in 29670
Population: 11,310
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 29670
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
Investor Insight: With 4,015 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Are homes affordable in Pendleton, SC?
In Pendleton, SC the median home value sits at $285K. Against the broader SC market, that reads as reasonable for most investors.
Is Pendleton, SC better for rentals, flips, or BRRRR?
A careful cash-flow rentals with hands-on management strategy Pendleton, SC best. The market produces reliable results for that approach at the $285K price point.
Is Pendleton, SC suited for a house hack?
Pendleton, SC is a a challenging market for house hackers. FHA or conventional owner-occupant buyers find the $285K price point reasonable to enter.
How does Pendleton, SC stack up for property investment?
Pendleton, SC scores 3.0/5 for investability. Home values sit at $285K and rents near $1,512/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
What is the renter demographic in Pendleton, SC?
Expect a solid tenant pool in Pendleton, SC. The rental market absorbs $1,512/mo rents without meaningful friction.
You know 29670 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 29670 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 29670 ranks in Greenville-Anderson, SC
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 29670 (Pendleton)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 29670 (Pendleton, SC).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.