Real Estate Investing in Clarks Hill, South Carolina (29821)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 29821 (Clarks Hill, SC)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 37.2% of homes vacant — above national norms.
- High price-to-rent: Price-to-rent ratio 25.5 — hard to cash-flow at these prices.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Clarks Hill, SC (29821)?
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Market Analysis: 29821 Clarks Hill
ZIP 29821 in Clarks Hill, SC carries a substantial set of headwinds. Home values near $311K and rents of $1,017/mo sit inside a market where underwriting has to be tight.
The investment case in 29821 is notable only for operators who understand what they are buying. A $311K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Regionally, 29821 sits on the difficult end of the SC spectrum. The an appealing option for read — for disciplined operators — is that pricing reflects the difficulty.
The 29821 ZIP's population of 1,245 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that posts the need for careful underwriting.
Distressed ZIPs reward experience. resilient returns are possible in 29821, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Clarks Hill:
Market Trends
Home Value History (with trend line)
📊 How Does 29821 Compare?
| Metric | 29821 | Clarks Hill | South Carolina |
|---|---|---|---|
| Home Value | $311,307 | $311,307 | $299,690 |
| 5-Year CAGR | 5.4% | 5.4% | 7.3% |
| Avg Rent | $1,017 | $1,017 | - |
| Cap Rate | 2.6% | 2.6% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 29821 (Clarks Hill, SC). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $311,307 |
| Monthly Rent | $1,017 |
| Price-to-Rent | 25.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.9% |
| Cap Rate | 2.6% |
| 5-Year IRR | 8.0% |
📈 Home Appreciation
| 1-Year | +6.8% ▲ |
| 3-Year CAGR | +3.9% ▲ |
| 5-Year CAGR | +5.4% ▲ |
| 10-Year CAGR | +5.9% ▲ |
🏠 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 (2.6%). 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 29821
Population: 1,245
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
🎓 Nearby Colleges & Universities
Investor Insight: With 1,193 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How much does a house cost in Clarks Hill, SC?
In Clarks Hill, SC the median home value sits at $311K. Against the broader SC market, that reads as reasonable for most investors.
Should investors consider Clarks Hill, SC?
With a 3.0/5 investability score, Clarks Hill, SC ranks as a solid market for rental property investors. Median prices of $311K and rents of $1,017/mo drive the underlying numbers.
What are vacancy rates like in Clarks Hill, SC?
Vacancy in Clarks Hill, SC is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $1,017/mo.
Is SC a landlord-friendly state?
Landlord-friendliness in Clarks Hill, SC is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.
Which real estate strategy fits Clarks Hill, SC?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Clarks Hill, SC. The numbers - $311K homes against $1,017/mo rents - support that play.
You know 29821 now. You don’t know where it ranks.
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How 29821 ranks in Augusta-Richmond County, GA-SC
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