Real Estate Investing in Six Mile, South Carolina (29682)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 29682 (Six Mile, 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: 22.4% of homes vacant — above national norms.
- High price-to-rent: Price-to-rent ratio 36.1 — hard to cash-flow at these prices.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Six Mile, SC (29682)?
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Market Analysis: 29682 Six Mile
Meanwhile, ZIP 29682 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $460K median. It rewards specialists, not generalists.
In practical terms, the numbers look inviting — $460K purchase price, 0.0% nominal cap — the work to hit that pro forma in 29682 is substantial and deserves full respect.
Statewide comparisons place 29682 among SC's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
Resident income in 29682 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
Strategy in 29682 is an operator game, not a passive one. In practical terms, entry prices of $460K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Six Mile:
Property Strategy for 29682
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $210,985 | $1,180 | 4.0% | +9.4% | $105,493 |
| 3BR | $342,646 | $1,440 | 3.0% | +9.2% | $114,215 |
| 4BR | $1,192,333 | $1,720 | 1.0% | +13.1% | $298,083 |
Market Trends
Home Value History (with trend line)
📊 How Does 29682 Compare?
| Metric | 29682 | Six Mile | Greenville-Anderson, SC | South Carolina |
|---|---|---|---|---|
| Home Value | $459,628 | $459,628 | N/A | $299,690 |
| 5-Year CAGR | 8.3% | 8.3% | N/A | 7.3% |
| Avg Rent | $1,062 | $1,062 | N/A | - |
| Cap Rate | 1.8% | 1.8% | - | - |
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 29682 (Six Mile, SC). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $459,628 |
| Monthly Rent | $1,062 |
| Price-to-Rent | 36.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 2.8% |
| Cap Rate | 1.8% |
| 5-Year IRR | 10.1% |
📈 Home Appreciation
| 1-Year | +11.0% ▲ |
| 3-Year CAGR | +7.4% ▲ |
| 5-Year CAGR | +8.3% ▲ |
| 10-Year CAGR | +8.7% ▲ |
🏠 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 (1.8%). 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 29682
Population: 3,923
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 29682
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
Is Six Mile, SC a good market for FHA house hackers?
The house hack math a challenging in Six Mile, SC. Owner-occupant buyers benefit from the $1,062/mo rents and $460K home values.
What kind of tenants rent in Six Mile, SC?
Tenant demand in Six Mile, SC is solid. The local workforce $1,062/mo rents across most rental classes.
Is Six Mile in SC worth investing in?
Six Mile, SC rates 3.0/5 for investability. With median values at $460K and rents near $1,062/mo, the market offers reasonable fundamentals for rental investors.
Is vacancy a concern in Six Mile, SC?
Six Mile, SC vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
Are landlord laws favorable in Six Mile, SC?
Six Mile, SC falls under SC landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.
You know 29682 now. You don’t know where it ranks.
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How 29682 ranks in Greenville-Anderson, SC
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