1019 Laconic Dr LOT 475Ibis Myrtle BeachSC29588
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Ibis Myrtle Beach at 1019 Laconic Dr LOT 475, Ibis Myrtle Beach, SC, 29588 earns from $0/mo rent with a $1,620/mo payment. Total monthly income totals $0/mo. ROI tracks -1.64% on current figures, and rental yield reads 0% at a $331,000 purchase. Equity gained on principal adds $2,136/yr, and 5% annual appreciation supports $91,449 over five years. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $0/mo property income instead of your personal income.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29588, Myrtle Beach, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,273 (100%) |
| Owner Occupied HU | 17,595 (67.0%) |
| Renter Occupied HU | 5,626 (21.4%) |
| Vacant Housing Units | 3,052 (11.6%) |
| Median Home Value | $312,579 |
| Average Home Value | $340,906 |
Housing Distribution
Address Breakdown
Residential
24,236
Single Family
20,622
Multi-Family
3,614
Businesses
1,149
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No similar rental properties found nearby.
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Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A