Pinewood, SC — Rental Investment Analysis

🟢STRONGexcellent cash flow market

Data: HUD FMR FY2024 + Zillow ZHVI April 2026 + Freddie Mac rates. Last updated June 2026.

Investment Summary

As of 2026, Pinewood, SC has a median cap rate of 8.9%, making it one of the top cash-flowing rental markets in the United States.

Pinewood is one of the strongest cash flow markets in the data. With a median home price of $125,583, entry costs are low — making it accessible for beginning investors or those buying multiple properties. With 3-bedroom rents around $1,350/month, the 8.9% cap rate tells the story. Expect around +$261/month cash flow after mortgage, taxes, insurance, and reserves.

The market passes the 1% rule (1.07%), which is increasingly rare and signals strong rent-to-price fundamentals. DSCR of 1.39 means the property's income comfortably covers debt service — DSCR loans should be easy to qualify for here.

Bottom line: Buy here if you want reliable monthly income. Pinewood is a cash flow market — don't expect rapid appreciation, but the checks come in every month.

Data sources: HUD Fair Market Rents (FY2024), Zillow Home Value Index (April 2026), Freddie Mac Primary Mortgage Market Survey.

Cap Rate

8.9%

Above average

Monthly Cash Flow

+$261

After all expenses

Price-to-Rent

7.8

Investor-friendly

DSCR

1.39

Passes lender test

Key Metrics

Median Home Price
$125,583
Average Rent (3BR)
$1,350/mo
Price-to-Rent Ratio
7.8(good)
1% Rule
1.07%(passes)
Cash-on-Cash Return
10.8%
Vacancy Rate
8.0%

Market Strength

Unemployment Rate
4.8%(+0.5% vs national)
Rent Growth (YoY)
+2.9%(national avg)
Population Growth
+1.7000000000000002% YoY

Assumptions Used

20% down, 6.52% rate, 30yr, 8% vacancy, 10% maintenance

Customize these numbers →

Property Tax Rate

0.55%

of assessed value (SC avg)

Median Income

$56,227

household (SC avg)

Rent-to-Income

28.8%

Affordable

Section 8 Max Rent

$1,350/mo

3BR voucher payment

SC Investor Climate

Landlord Friendly

8/10

State Income Tax

Has state tax

Property Tax

0.55% effective

Population Trend

+1.7000000000000002% (3yr)

Best Zip Codes in Pinewood for Investors

29125
Cap Rate: 8.9%Cash Flow: +$261/mo$125,583
29125
Cap Rate: 8.9%Cash Flow: +$261/mo$125,583

All Zip Codes in Pinewood

ZipCap RateCash FlowHome PriceRent (3BR)DSCR
291258.9%+$261$125,583$1,350/mo1.39
291258.9%+$261$125,583$1,350/mo1.39