Real Estate Investing in Hickory Grove, South Carolina (29717)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 29717 (Hickory Grove, SC)? Our answer, based on the numbers below.
Multiple negative signals. Better options likely exist nearby.
Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.
- High vacancy: 12.4% of homes vacant — above national norms.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Hickory Grove, SC (29717)?
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Market Analysis: 29717 Hickory Grove
ZIP 29717 in Hickory Grove, SC carries a significant set of headwinds. Home values near $249K and rents of $1,143/mo sit inside a market where underwriting has to be tight.
Meanwhile, the numbers look inviting — $249K purchase price, 0.0% nominal cap — the work to hit that pro forma in 29717 is substantial and deserves full respect.
The gap between 29717 and stronger Hickory Grove ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
The 29717 ZIP's population of 1,585 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that reports the need for careful underwriting.
Strategically, 29717 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in Hickory Grove:
Market Trends
Home Value History (with trend line)
📊 How Does 29717 Compare?
| Metric | 29717 | Hickory Grove | South Carolina |
|---|---|---|---|
| Home Value | $249,077 | $249,077 | $299,690 |
| 5-Year CAGR | N/A | N/A | 7.3% |
| Avg Rent | $1,143 | $1,143 | - |
| Cap Rate | 3.6% | 3.6% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 29717 (Hickory Grove, SC). Anonymous, moderated, never written by AI.
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Property managers serving York County
Manage rentals here? List your business →Rinehart Property Management offers full-service property management for residential, multi-family, and commercial properties in Rock Hill, Fort Mill, and the Greater Charlotte Area. summary from their website
1 Source Property Management provides property management services. summary from their website
Revelation Community Management (RCM) provides management services in North and South Carolina. 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 | $249,077 |
| Monthly Rent | $1,143 |
| Price-to-Rent | 18.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.5% |
| Cap Rate | 3.6% |
| 5-Year IRR | 3.7% |
📈 Home Appreciation
| 1-Year | +3.3% ▲ |
| 3-Year CAGR | +0.1% ▲ |
| 5-Year CAGR | N/A |
| 10-Year CAGR | N/A |
🏠 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 (3.6%). 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 29717
Population: 1,585
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 29717
Schools in This ZIP Code
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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
Frequently Asked Questions
How strong is Hickory Grove, SC for real estate investors?
Hickory Grove, SC rates 2.0/5 for investability. With median values at $249K and rents near $1,143/mo, the market offers reasonable fundamentals for rental investors.
What do rentals go for in Hickory Grove, SC?
Average rent in Hickory Grove, SC is approximately $1,143/mo per month. Against $249K home values that yields a reasonable rent-to-price ratio.
How high is vacancy risk in Hickory Grove, SC?
Vacancy risk in Hickory Grove, SC is elevated. That supports stable cash flow for typical rental holds.
Is Hickory Grove, SC good for landlords?
For rental operators, Hickory Grove, SC rates as landlord-friendly. The regulatory environment standard buy-and-hold operations.
Is Hickory Grove, SC better for rentals, flips, or BRRRR?
For Hickory Grove, SC, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.
You know 29717 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 29717 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 29717 ranks in Charlotte-Concord-Gastonia, NC-SC
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