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MarketsSouth CarolinaSumter

Cap Rate Analysis: Sumter, SC

Investment metrics, interactive calculators, and data-driven analysis for Sumter rental properties.

Market data powered by Zillow Home Value Index (ZHVI) and Zillow Observed Rent Index (ZORI) · Updated Feb 2026

Strong investment fundamentals
Based on $205,000 median price and $1,410/mo median rent
Est. Cap Rate
6.43%
1% Rule
0.69%
Fails
GRM
12.1x
Price / Income
4.1x

Market Data

Median Home Price$205,000
Median Monthly Rent$1,410
Property Tax Rate0.57%
Population50,000
Population Growth1.9% / yr
Median Household Income$49,486
Vacancy Rate5.5%
Annual Appreciation3.4%

Cap Rate Calculator — Sumter

Pre-filled with Sumter medians. Adjust to match a specific property.

Property Details
$
$
3–8% typical
%
Monthly Expenses
0.57% rate
$
$
8–10% of rent
$
8–12% of rent
$
Cap Rate
5.35%Moderate
Net Operating Income ÷ Purchase Price
NOI / Year
$10,961
net operating income
Gross Rent Multiplier
12.1x
Good (<15)
1% Rule
0.69%
✗ Fails
Monthly Cash Flow
$913
before debt service
Annual Breakdown
Gross Rental Income$16,920
Less Vacancy−$931
Effective Income$15,989
Less Operating Expenses−$5,028
Net Operating Income$10,961
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Cash-on-Cash Return — Sumter

Factor in financing to see your actual return on invested capital in Sumter.

$
$51,250
%
%
years
$
taxes + ins + maint + mgmt
$
$
Cash-on-Cash Return
-3.85%Weak
Annual Cash Flow ÷ Total Cash Invested
Total Cash Invested
$57,400
$51,250 down + $6,150 closing
Monthly Mortgage
$1,002
on $154K loan
Monthly Cash Flow
$-184
after all expenses
Annual Cash Flow
$-2,212
before taxes
Cash Flow Breakdown
Monthly Rent$1,410
Less Expenses−$592
Less Mortgage−$1,002
Monthly Cash Flow$-184

Is Sumter a Good Place to Invest in Rental Property?

Sumter, SC has a population of 50,000 and has been growing at 1.9% annually — above the national average, suggesting steady demand pressure on housing. The median home price of $205,000 paired with median rents of $1,410/mo produces an estimated cap rate of 6.43%.

Property taxes at 0.57% are well below the national average of ~1.1%, providing a meaningful cash flow advantage many investors overlook. The vacancy rate of 5.5% is moderate and within normal parameters for a healthy rental market.

At a price-to-income ratio of 4.1x, homes cost about 4.1 times the local median income of $49,486. This relatively affordable ratio suggests a deep pool of renters who find buying out of reach, supporting rental demand. Home values have appreciated at roughly 3.4% annually. Steady appreciation means total returns will be primarily cash flow-driven — the more sustainable model for long-term wealth building.

Bottom line: Sumter offers attractive fundamentals for rental investors. Strong population growth, low taxes, and cap rates above 6% put it in the upper tier of investable markets.

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