ZIP Code Market Report
ZIP Code 29405
Get a rent estimate for an address in 29405Rental Market
Avg Rent
$1,953
per month
Median Rent
$1,800
per month
Active Rentals
332
listings
Avg Days Listed
22.32
days on market
Home Sale Market
Avg Sale Price
$442K
median $425K
Price Range
$45K
to $1.78M
Homes for Sale
224
listings
Avg Days Listed
68.75
days on market
Key Facts โ ZIP 29405
- Average rent in 29405: $1,953/mo
- Median rent in 29405: $1,800/mo
- Rent range: $800 โ $6,000/mo
- Active rentals: 332 listings
- Rental days on market: 22.32 days
- Average home sale price: $442K
- Median home sale price: $425K
- Home price range: $45K โ $1.78M
- Homes for sale: 224 listings
- Est. gross rent yield: 5.3%/yr (avg rent รท avg sale price, before expenses)
Frequently Asked Questions โ 29405
What is the average rent in ZIP code 29405?
The average rent in ZIP code 29405 (ZIP code 29405) is $1,953/mo. The median rent is $1,800/mo, with active listings ranging from $800 to $6,000/mo.
What is the rent-to-price yield in ZIP code 29405?
At an average rent of $1,953/mo and average sale price of $442K, the implied gross rent yield in ZIP code 29405 is 5.3% annually. This is a pre-expense figure โ it does not account for property taxes, maintenance, insurance, vacancy, or management fees. Net yields are typically 3โ5 percentage points lower. Run a full Rent Report analysis on a specific property for a complete cash-flow model.
Is 29405 a good area to rent in?
ZIP code 29405 is a US residential area. With 332 active rental listings and an average of 22.32 days on market, rental demand is currently moderate. Use Rent Report to analyze any specific property in this ZIP for a comp-backed rent estimate and full investment analysis.
Analyze a property in 29405
Get a full investment analysis โ cash flow, cap rate, rent comps โ for any address in this zip code.
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