Real Estate Investing in Jackson, South Carolina (29831)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 29831 (Jackson, SC)? Our answer, based on the numbers below.
Mixed — values have been flat. OK for long-horizon buyers, less attractive if you may need to sell soon.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- Declining values: -0.3% 5-year CAGR — values have moved lower.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Jackson, SC (29831)?
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Market Analysis: 29831 Jackson
ZIP 29831 inside Aiken County looks affordable on the surface — median value of $124K — but the discount exists for reasons that a careful buyer should understand before committing.
On balance, the numbers look inviting — $124K purchase price, 0.0% nominal cap — the work to hit that pro forma in 29831 is substantial and deserves full respect.
The gap between 29831 and stronger Jackson ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
Demographically, 29831 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
trends toward the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in Jackson:
Market Trends
Home Value History (with trend line)
📊 How Does 29831 Compare?
| Metric | 29831 | Jackson | South Carolina |
|---|---|---|---|
| Home Value | $123,887 | $123,887 | $299,690 |
| 5-Year CAGR | N/A | N/A | 7.3% |
| Avg Rent | $1,062 | $1,062 | - |
| Cap Rate | 6.7% | 6.7% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 29831 (Jackson, SC). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $123,887 |
| Monthly Rent | $1,062 |
| Price-to-Rent | 9.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 10.3% |
| Cap Rate | 6.7% |
| 5-Year IRR | 6.4% |
📈 Home Appreciation
| 1-Year | +0.5% ▲ |
| 3-Year CAGR | -0.5% ▼ |
| 5-Year CAGR | -0.3% ▼ |
| 10-Year CAGR | +4.0% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) is close to the estimated cap rate (6.7%). Financing this market at current rates produces a cash-on-cash return near the cap rate. Appreciation and tax benefits may still support the investment.
⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 29831
Population: 4,259
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 29831
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 3,551 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Are there empty rentals in Jackson, SC?
Rental vacancy in Jackson, SC is elevated. Investors should budget normal turnover but not chronic empty units.
What is the typical rental rate in Jackson, SC?
Rents in Jackson, SC run near $1,062/mo. Compared with median home prices of $124K that produces solid gross yields for typical rentals.
What kind of tenants rent in Jackson, SC?
Expect a solid tenant pool in Jackson, SC. The rental market absorbs $1,062/mo rents without meaningful friction.
Can I house hack in Jackson, SC?
For house hackers, Jackson, SC is a challenging. The $1,062/mo rent on a unit helps defray the mortgage on a $124K property.
What kind of market is Jackson, SC for investors?
With a 3.0/5 investability score, Jackson, SC ranks as a solid market for rental property investors. Median prices of $124K and rents of $1,062/mo drive the underlying numbers.
You know 29831 now. You don’t know where it ranks.
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How 29831 ranks in Augusta-Richmond County, GA-SC
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