Real Estate Investing in Fairfax, South Carolina (29827)

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

Allendale County • Population: 3,792 • Data updated: September 2026

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Should you buy in 29827 (Fairfax, SC)? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (66/100)

Mixed — values have been flat. OK for long-horizon buyers, less attractive if you may need to sell soon.

📈 For Investors
STRONG
4.0 / 5 (81/100)

A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.

⚠️ Risks to Know
3 flags
  • High vacancy: 17.0% of homes vacant — above national norms.
  • Flat appreciation: Values have barely moved over 5 years (1.2% CAGR).
  • 1-year downturn: Values declined 4.9% in the last year.

• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.

What’s happening in Fairfax, SC (29827)?

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4.0/ 5

Investability

Overall investment appeal

1.0/ 5

Appreciation

Long-term value growth

5.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $81,980
Avg Monthly Rent $828
1% Rule ✓ Meets
Median Income $45,520
% Renters 36.4%

Market Analysis: 29827 Fairfax

Within Allendale County, the 29827 ZIP shows a lower entry point around $82K. Turning to rents, operators who can improve stock here typically see outsized uplift.

In 29827, the deal is made on the buy and on the capex. durable entry prices of $82K leave room in the budget for light-to-medium renovation, with rent lift to match.

Statewide, SC value-add investors migrate toward ZIPs with 29827's profile — older stock, soft but real rent growth, and $82K pricing that keeps rehab math workable.

From an investor standpoint, incomes in 29827 sit below the county median, the tenant pool is deep and the demand for upgraded rental stock consistently outruns supply.

Strategic fit here is operational. Pro forma discipline, capex reserves, and lender relationships matter more than the marketing pitch.

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 Fairfax:

C+ Average
Buy Confidence Score: 69/100
Affordability
25/25
Appreciation
14/25
Stability
7/20
Timing
8/15
Rental backup
15/15
Affordability
Affordable
Homes cost 1.8× the median income
Value Trend
Declining (-4.9%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $828/mo if you need to move
Market Conditions
BALANCED
Even conditions for buyers and sellers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.

Market Trends

Home Value History (with trend line)

$99K$89K$79K$69K$58K$48KDec 2009Apr 2018Jul 2026

📊 How Does 29827 Compare?

Metric 29827 Fairfax South Carolina
Home Value $81,980 $81,980 $299,690
5-Year CAGR 1.2% 1.2% 7.3%
Avg Rent $828 $828 -
Cap Rate 7.9% 7.9% -
💡 Why Invest in 29827? Click to expand

This ZIP code meets the 1% rule with rent at $828/mo on homes averaging $81,980 — a strong indicator of cash flow potential.

Our analysis gives this area a 4/5 investability rating, placing it in the top tier for rental property potential.

A healthy rental market with 36% renter-occupied households ensures tenant availability.

📊 See where this ZIP ranks in our Best-of lists →
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 29827 (Fairfax, SC). Anonymous, moderated, never written by AI.

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Investability
Excellent
Cap Rate
7.9%
Good
5yr Growth
+1.2%
Slow

📊 Market Snapshot

Home Value $81,980
Monthly Rent $828
Price-to-Rent 8.3:1
1% Rule ✓ Passes

💰 Return Metrics

Gross Yield 12.1%
Cap Rate 7.9%
5-Year IRR 9.1%

📈 Home Appreciation

1-Year -4.9% ▼
3-Year CAGR -3.0% ▼
5-Year CAGR +1.2% ▲
10-Year CAGR +3.2% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Positive Leverage Market Cap Rate: 7.9%  |  30yr Rate: 6.8%
Leverage may enhance returns here.

The estimated cap rate (7.9%) exceeds the current 30-yr mortgage rate (6.8%). When borrowing costs less than a property yields, leverage can increase your cash-on-cash return above the cap rate.

⚠️ Risk Signals

Composite view of factors that can impact a ZIP's stability and your downside risk.

Vacancy
17.0%
Elevated risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+1.2%
Flat
Eviction process: Fast Rent control: Favorable

Demographics in 29827

Population: 3,792

💰 Median Household Income
$45,520
This area
$45,520
State
$58,636
USA
$74,580
🏠 Renter Occupied
36.4%
This area
36.4%
State
26.9%
USA
34.0%
💼 Unemployment Rate
5.3%
This area
5.3%
State
-1.4%
USA
3.7%
🎓 College Educated
7.6%
This area
7.6%
State
14.2%
USA
33.7%
👤 Median Age
42.5 years
This area
42.5 years
State
22.7 years
USA
38.9 years
🏚️ Vacancy Rate
17.0%
This area
17.0%
State
17.5%
USA
10.5%
👥 Population by Ethnicity
Black/African American 64.6%
White 29.9%
Other/Mixed 5.1%
Hispanic/Latino 2.5%
Asian 0.5%
👶 Under 18
10.7%
This area
10.7%
USA
22.0%
👴 65 and Over
20.1%
This area
20.1%
USA
17.3%
📊 Poverty Rate
9.8%
This area
9.8%
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 29827

A Avg School Grade
4 Schools
10.4:1 Avg Class Size
$32,389 Avg Per Pupil

Schools in This ZIP Code

A+ Excellent

Allendale-Fairfax Elementary

📚 Pre-K – 05 Elementary
👥
440 Students
👨‍🏫
12.2:1 Class Size
💰
$22,976 Per Student
A+ Excellent

Allendale Fairfax High

📚 09 – 12 High School
👥
294 Students
👨‍🏫
12.3:1 Class Size
💰
$22,976 Per Student
A Very Good

Allendale-Fairfax Middle

📚 06 – 08 Middle
👥
194 Students
👨‍🏫
12.9:1 Class Size
💰
$22,976 Per Student
B+ Above Average

Allendale High

📚 09 – 12 High School
👥
4 Students
👨‍🏫
4.0:1 Class Size
💰
$60,626 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.

🎓 Nearby Colleges & Universities

1 Nearby 599 Off-Campus Students
D
University of South Carolina-Salkehatchie
809 students · 4.5 mi

Investor Insight: With 599 students living off-campus nearby, this area has strong rental demand from the college population.

Frequently Asked Questions

Does Fairfax, SC make sense for an investment property?

Fairfax, SC clocks in at an investability rating of 4.0/5, with median home values near $82K and average rents around $828/mo. That combination puts it in the sturdy tier for investor interest.

What monthly rent should investors expect in Fairfax, SC?

Fairfax, SC rentals go for roughly $828/mo a month. That puts gross yield in solid territory relative to $82K acquisition costs.

Is Fairfax, SC a good market for FHA house hackers?

The house hack math an attractive in Fairfax, SC. Owner-occupant buyers benefit from the $828/mo rents and $82K home values.

Which investment style suits Fairfax, SC?

Most investors in Fairfax, SC run a value-add and BRRRR deals strategy. It aligns with the 4.0/5 investability profile and the market fundamentals.

Is Fairfax, SC a viable BRRRR market?

Operators BRRRR-ing in Fairfax, SC report a strong results. Focus on sub-market acquisition and tight rehab budgets to capture the spread.

You know 29827 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 29827 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.

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