Real Estate Investing in Ruby, South Carolina (29741)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 29741 (Ruby, SC)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 16.5% 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 Ruby, SC (29741)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 29741 Ruby
Looking more closely, ZIP 29741 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $159K median. It rewards specialists, not generalists.
In practical terms, the numbers look inviting — $159K purchase price, 0.0% nominal cap — the work to hit that pro forma in 29741 is substantial and deserves full respect.
Statewide comparisons place 29741 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 29741 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
Experienced landlords with local relationships tend to find 29741 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 Ruby:
Market Trends
Home Value History (with trend line)
📊 How Does 29741 Compare?
| Metric | 29741 | Ruby | South Carolina |
|---|---|---|---|
| Home Value | $158,578 | $158,578 | $299,690 |
| 5-Year CAGR | N/A | N/A | 7.3% |
| Avg Rent | $900 | $900 | - |
| Cap Rate | 4.4% | 4.4% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 29741 (Ruby, SC). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $158,578 |
| Monthly Rent | $900 |
| Price-to-Rent | 14.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.8% |
| Cap Rate | 4.4% |
| 5-Year IRR | 12.4% |
📈 Home Appreciation
| 1-Year | +7.9% ▲ |
| 3-Year CAGR | N/A |
| 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 (4.4%). 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 29741
Population: 1,473
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 29741
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.
Frequently Asked Questions
How quickly do rentals get leased in Ruby, SC?
Vacancy risk in Ruby, SC is elevated. That supports even-keeled cash flow for typical rental holds.
Are rents high in Ruby, SC?
Ruby, SC rentals go for roughly $900/mo a month. That puts gross yield in solid territory relative to $159K acquisition costs.
What is the average home sale price in Ruby, SC?
Typical homes in Ruby, SC go for around $159K. The 5-year CAGR of 0.0% reliable price movement.
What is the smart move for investors in Ruby, SC?
Most investors in Ruby, SC run a careful cash-flow rentals with hands-on management strategy. It aligns with the 2.0/5 investability profile and the market fundamentals.
What kind of market is Ruby, SC for investors?
Our data puts Ruby, SC at 2.0/5 for investability. Home prices of $159K and rents around $900/mo create a solid backdrop for investor activity.
You know 29741 now. You don’t know where it ranks.
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