Location: Marlboro County, SC | Metro: Marlboro County, SC
| Unit Size | Monthly FMR |
|---|---|
| Studio | $680 |
| 1 Bedroom | $690 |
| 2 Bedrooms | $900 |
| 3 Bedrooms | $1,070 |
| 4 Bedrooms | $1,500 |
| 5 Bedrooms | $1,740 |
| 6 Bedrooms | $1,949 |
| 7 Bedrooms | $2,105 |
| 8 Bedrooms | $2,210 |
U.S. Census Bureau data (2024)
The ZIP code 29594 presents an interesting mix of characteristics that influence its classification on the yield and stability axes. On the yield axis, the analysis is driven primarily by the Fair Market Rent (FMR) figure provided for the metro area in fiscal year 2026, which is set at $900. This is the only concrete data point available for yield, as both market rent and home values are marked as N/A, indicating a lack of recent data or significant variability.
Moving onto stability, the key indicators are the percentage of renters at 15.4%, the median household income at $53,125, and the days on market (DOM), which is also marked as N/A. The percentage of renters suggests a relatively stable tenant base, as it indicates a moderate level of demand for rental properties. However, the absence of DOM data means we cannot assess how quickly properties are being rented out, which is a crucial factor for assessing liquidity and stability.
Based on the provided figures, ZIP 29594 does not clearly fit into the high-yield/low-stability flip-style market category. The FMR of $900 provides a baseline for rental yields, but without comparative market rent figures, it's challenging to determine if this represents a high yield relative to the local market. Furthermore, the low percentage of renters (15.4%) does not suggest instability; rather, it points towards a less speculative environment where long-term investments might thrive.
The median household income of $53,125 is another critical piece of the puzzle. While this figure alone doesn't determine stability, it does provide insight into the economic health of the area. Assuming a typical rent-to-income ratio, this suggests that the $900 FMR is affordable for many residents, potentially leading to lower vacancy rates and more stable cash flows.
In conclusion, ZIP 29594 appears to be a steady-cashflow zone. The moderate rental yield based on the FMR of $900, combined with the 15.4% renter rate and the median household income of $53,125, supports this classification. Landlords and small-portfolio investors should expect consistent returns, though the exact potential for high yields remains unclear due to the lack of market-specific data. The absence of DOM data prevents a definitive assessment of liquidity, but the overall picture leans toward stability over speculative high-yield opportunities.
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.