1068 Harvester Circle #-Myrtle BeachSC29579
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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
Rental property for sale in Myrtle Beach at 1068 Harvester Circle #-, Myrtle Beach, SC, 29579 offers $1,772/mo rent that, after a $1,248/mo payment, leaves $254/mo cash flow. Total monthly income is $1,772/mo, and annual cash flow is $3,051/yr on $84,499 cash. Return on cash invested measures 23.52% in year one, and rental yield stands at 8.34% at a $254,900 entry. Equity gained on principal adds $1,645/yr while 5% annual appreciation compounds into $70,424 by year five. Five-year ROI records 121.93% and total cumulative return in cash reaches $103,032. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,772/mo property income versus a $1,248/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 2005
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29579, Myrtle Beach, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,319 (100%) |
| Owner Occupied HU | 17,677 (60.3%) |
| Renter Occupied HU | 7,507 (25.6%) |
| Vacant Housing Units | 4,135 (14.1%) |
| Median Home Value | $370,725 |
| Average Home Value | $418,546 |
Housing Distribution
Address Breakdown
Residential
29,078
Single Family
23,909
Multi-Family
5,169
Businesses
1,094
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Listed by: Eric T Butler • Realty ONE Group Dockside
Mls Name: CCAR
Mls ID: #2519486