1101 Fox Sparrow Dr.Murrells InletSC29576
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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 Murrells Inlet at 1101 Fox Sparrow Dr, Murrells Inlet, SC, 29576 uses $119,307 cash to close to unlock $4,897/yr annual cash flow and $408/mo monthly cash flow. Total monthly income runs $2,551/mo, and a $1,762/mo payment keeps the spread at $408/mo. Purchase price stands at $359,900, and rental yield measures 8.51% with $2,551/mo rent. Return on cash invested shows 24.01% in year one, and 5% annual appreciation builds toward $99,434 over five years. Five-year ROI reaches 124.57% and total cumulative return in cash records $148,622. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,551/mo property income covering a $1,762/mo payment rather than investor’s personal income.
Single Family
Built in 1988
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29576, Murrells Inlet, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,359 (100%) |
| Owner Occupied HU | 14,811 (60.8%) |
| Renter Occupied HU | 2,747 (11.3%) |
| Vacant Housing Units | 6,801 (27.9%) |
| Median Home Value | $355,994 |
| Average Home Value | $391,208 |
Housing Distribution
Address Breakdown
Residential
20,158
Single Family
17,920
Multi-Family
2,238
Businesses
1,258
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Listed by: Frank Causey • Realty ONE Group DocksideSouth
Mls Name: CCAR
Mls ID: #2524412