Real Estate Investing in Mountain Rest, South Carolina (29686)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Oconee County • Population: 932 • Data updated: September 2026

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Should you buy in 29686 (Mountain Rest, SC)? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (56/100)

Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
2 flags
  • High vacancy: 27.7% of homes vacant — above national norms.
  • High price-to-rent: Price-to-rent ratio 31.4 — hard to cash-flow at these prices.

• 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 Mountain Rest, SC (29686)?

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3.0/ 5

Investability

Overall investment appeal

3.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $339,453
Avg Monthly Rent $900
1% Rule ✗ Does Not Meet
Median Income $83,125
% Renters 24.7%

Market Analysis: 29686 Mountain Rest

ZIP 29686 in Mountain Rest, SC carries a impressive set of headwinds. Home values near $339K and rents of $900/mo sit inside a market where underwriting has to be tight.

The 29686 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.

Statewide comparisons place 29686 among SC's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.

A significant renter share of 25% in 29686 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.

Distressed ZIPs reward experience. substantial returns are possible in 29686, but they flow to investors who already understand how to operate in soft markets.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Mountain Rest:

C+ Average
Buy Confidence Score: 65/100
Affordability
15/25
Appreciation
22/25
Stability
7/20
Timing
6/15
Rental backup
15/15
Affordability
Moderate
Homes cost 4.1× the median income
Value Trend
Rising (+7.3%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $900/mo if you need to move
Market Conditions
WARM
Seller-favorable conditions, steady activity
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
☀️
WARM MARKET
Seneca, SC Metro Area
Seller-favorable conditions, steady activity
0 days
Average time to sell
Very Fast
9.8%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from Seneca, SC metro data
🏠

Property Strategy for 29686

Which property type performs best in this market?

Best for Cash Flow
2BR
2.6% cap rate
Best for Appreciation
3BR
+8.6% 5yr CAGR
Best Overall Value
3BR
$125,642/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $279,412 $1,000 2.6% $139,706
3BR $376,925 $1,220 2.3% +8.6% $125,642

Market Trends

Home Value History (with trend line)

$363K$315K$267K$218K$170K$122KJan 2014May 2020Jul 2026

📊 How Does 29686 Compare?

Metric 29686 Mountain Rest Seneca, SC South Carolina
Home Value $339,453 $301,797 N/A $299,690
5-Year CAGR 6.5% 6.5% N/A 7.3%
Avg Rent $900 $918 N/A -
Cap Rate 2.1% 2.4% - -
💡 Why Invest in 29686? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 29686 (Mountain Rest, SC). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
2.1%
Low
5yr Growth
+6.5%
Strong

📉 Market Crash Risk Index

Based on Seneca, SC metro

2/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
2/3
71%
Days Pending
0/2
0 days

View all metro crash risk rankings →

📊 Market Snapshot

Home Value $339,453
Monthly Rent $900
Price-to-Rent 31.4:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 3.2%
Cap Rate 2.1%
5-Year IRR 8.6%

📈 Home Appreciation

1-Year +7.3% ▲
3-Year CAGR +4.8% ▲
5-Year CAGR +6.5% ▲
10-Year CAGR +8.3% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 2.1%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.1%). 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.

Vacancy
27.7%
Elevated risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+6.5%
Growing
Eviction process: Fast Rent control: Favorable

Demographics in 29686

Population: 932

💰 Median Household Income
$83,125
This area
$83,125
State
$58,636
USA
$74,580
🏠 Renter Occupied
24.7%
This area
24.7%
State
26.9%
USA
34.0%
💼 Unemployment Rate
0.0%
This area
0.0%
State
-1.4%
USA
3.7%
🎓 College Educated
26.2%
This area
26.2%
State
14.2%
USA
33.7%
👤 Median Age
48.2 years
This area
48.2 years
State
22.7 years
USA
38.9 years
🏚️ Vacancy Rate
27.7%
This area
27.7%
State
17.5%
USA
10.5%
👥 Population by Ethnicity
White 88.8%
Black/African American 6.5%
Hispanic/Latino 4.8%
Other/Mixed 4.8%
👶 Under 18
14.4%
This area
14.4%
USA
22.0%
👴 65 and Over
25.8%
This area
25.8%
USA
17.3%
📊 Poverty Rate
3.6%
This area
3.6%
USA
11.5%

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 29686

A Avg School Grade
1 Schools
9.6:1 Avg Class Size
$16,539 Avg Per Pupil

Schools in This ZIP Code

A Very Good

Tamassee-Salem Elementary

📚 Pre-K – 05 Elementary
👥
201 Students
👨‍🏫
9.6:1 Class Size
💰
$16,539 Per Student
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.

Frequently Asked Questions

What is the average monthly rent in Mountain Rest, SC?

Rent in Mountain Rest, SC is around $900/mo. The resulting rent-to-value relationship with $339K pricing is reasonable for most investor models.

What is the median home value in Mountain Rest, SC?

Expect median prices around $339K in Mountain Rest, SC. The market has run at a 0.0% 5-year CAGR, so entry costs have been consistent.

How high is vacancy risk in Mountain Rest, SC?

Mountain Rest, SC carries elevated vacancy risk. Expect even-keeled absorption at market rents of $900/mo.

What is the best play in Mountain Rest, SC?

For Mountain Rest, SC, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.

How strong is Mountain Rest, SC for real estate investors?

Mountain Rest, SC rates 3.0/5 for investability. With median values at $339K and rents near $900/mo, the market offers reasonable fundamentals for rental investors.

You know 29686 now. You don’t know where it ranks.

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How 29686 ranks in Seneca, SC

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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