Location: Marion County, SC | Metro: Dillon County, SC
| Unit Size | Monthly FMR |
|---|---|
| Studio | $730 |
| 1 Bedroom | $830 |
| 2 Bedrooms | $910 |
| 3 Bedrooms | $1,220 |
| 4 Bedrooms | $1,400 |
| 5 Bedrooms | $1,624 |
| 6 Bedrooms | $1,819 |
| 7 Bedrooms | $1,965 |
| 8 Bedrooms | $2,063 |
U.S. Census Bureau data (2024)
The analysis of ZIP code 29592 reveals a unique balance between yield and stability, making it an intriguing market for both high-risk and steady-cashflow investment strategies.
Starting with yield, the Fair Market Rent (FMR) for 2026 stands at $950 in the metro area, while the market rent is higher at $1,102. This suggests that properties in ZIP 29592 can command rents above the FMR, indicating a potential for higher returns on investment compared to average rental yields in the region. However, the absence of home value data complicates a full assessment of the property's intrinsic worth and potential appreciation.
Moving on to stability, the market shows a significant portion of renters at 21.7%, which is relatively low but still substantial enough to ensure a consistent demand for rental properties. The lack of data on days on market (DOM) makes it challenging to gauge the speed at which properties are typically leased, though this could be a point of further investigation. The median household income of $42,649 provides insight into the economic base supporting rental demand; it is important to note that this figure aligns well with the rental price points, suggesting that tenants can afford the market rates without excessive strain.
Based on these figures, ZIP 29592 leans towards being a steady-cashflow zone rather than a high-yield/low-stability flip-style market. The higher-than-average market rent indicates good earning potential, but the moderate level of renters and the reasonable alignment between income levels and rent suggest a stable tenant pool capable of sustaining long-term rental investments. For landlords and small-portfolio investors, this represents a balanced opportunity where the risk of vacancy is mitigated by the likelihood of achieving above-average rental income.
Data Sources: FMR data from HUD (2027). Demographics from U.S. Census (2024).
About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.