115 Colonial CircleMurrells 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 115 Colonial Circle, Murrells Inlet, SC, 29576 earns $558/mo cash flow from $3,088/mo rent with a $2,080/mo payment. Total monthly income totals $3,088/mo, and annual cash flow totals $6,699/yr on $140,888 capital. ROI tracks 24.66% on current figures, and rental yield reads 8.72% at a $425,000 purchase. Equity gained on principal adds $2,742/yr, and 5% annual appreciation supports $117,420 over five years. Five-year ROI reaches 128.05% and total cumulative return in cash sums $180,413. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,088/mo property income instead of your personal income.
Single Family
Built in 1980
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: Lewis Living Team • INNOVATE Real Estate
Mls Name: CCAR
Mls ID: #2522063