Real Estate Investing in Piedmont, South Carolina (29673)
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Should you buy in 29673 (Piedmont, SC)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
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.
What’s happening in Piedmont, SC (29673)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 29673 Piedmont
On balance, ZIP 29673 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $306K median. It rewards specialists, not generalists.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $306K asset, 29673 is the wrong submarket. If the plan prices in friction, the yield can still work.
The gap between 29673 and stronger Piedmont ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
The 29673 ZIP's population of 30,812 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that sits at the need for careful underwriting.
trends toward the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in Piedmont:
Property Strategy for 29673
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $171,637 | $1,200 | 5.0% | +6.5% | $85,818 |
| 3BR | $286,146 | $1,510 | 3.8% | +8.3% | $95,382 |
| 4BR | $361,309 | $1,830 | 3.6% | +7.5% | $90,327 |
| 5BR | $397,831 | — | — | +7.6% | $79,566 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 29673 Compare?
| Metric | 29673 | Piedmont | Greenville-Anderson, SC | South Carolina |
|---|---|---|---|---|
| Home Value | $306,196 | $306,196 | N/A | $299,690 |
| 5-Year CAGR | 5.9% | 5.9% | N/A | 7.3% |
| Avg Rent | $1,520 | $1,520 | N/A | - |
| Cap Rate | 3.9% | 3.9% | - | - |
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 29673 (Piedmont, SC). Anonymous, moderated, never written by AI.
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Property managers serving Greenville County
Manage rentals here? List your business →Carolina Moves Property Management offers flat fee property management services in Greenville's Upstate for homeowners, landlords, and tenants, including HOA management. summary from their website
Magnolia Rental Property Management provides trusted property management throughout Upstate, SC, offering residential and multi-family services including marketing, tenant screening, and rent collecti summary from their website
ABOVE Property Management offers reliable property management services in Greenville, Spartanburg, and Upstate South Carolina for various rental opportunities. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $306,196 |
| Monthly Rent | $1,520 |
| Price-to-Rent | 16.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.0% |
| Cap Rate | 3.9% |
| 5-Year IRR | 9.7% |
📈 Home Appreciation
| 1-Year | +4.3% ▲ |
| 3-Year CAGR | +2.9% ▲ |
| 5-Year CAGR | +5.9% ▲ |
| 10-Year CAGR | +6.8% ▲ |
🏠 Rent Trends
| 1-Year | -3.3% ▼ |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.9%). 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 29673
Population: 30,812
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 29673
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 3,443 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How strong are rents in Piedmont, SC?
Investors in Piedmont, SC typically see rents near $1,520/mo per month against $306K home values - a solid setup for rental cash flow.
What is the tenant pool like in Piedmont, SC?
Expect a solid tenant pool in Piedmont, SC. The rental market absorbs $1,520/mo rents without meaningful friction.
What price range are homes in Piedmont, SC?
The median home value in Piedmont, SC is roughly $306K. That puts it reasonable relative to the SC statewide average.
Which real estate strategy fits Piedmont, SC?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Piedmont, SC. The numbers - $306K homes against $1,520/mo rents - support that play.
How viable is house hacking in Piedmont, SC?
The house hack math a challenging in Piedmont, SC. Owner-occupant buyers benefit from the $1,520/mo rents and $306K home values.
You know 29673 now. You don’t know where it ranks.
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How 29673 ranks in Greenville-Anderson, SC
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