119 Marsh Deer PlaceMyrtle BeachSC29575
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe income profile at 119 Marsh Deer Place, Myrtle Beach, SC, 29575 in Myrtle Beach is straightforward: $449,000 in, $3,172/mo in rent, $332/mo out after debt service. The 8.48% gross yield and 1.57 DSCR make this exactly the kind of asset Ziffy Mortgage finances for non-U.S. residents without income documentation. Appreciation at 5%/yr adds $124,050 by year five. With $4,135/yr in principal equity, the total cumulative return is projected at $191,900.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.5% | 4.2% |
| Monthly Cash Flow | $332 | $850 |
City averages based on Myrtle Beach market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,172 |
| Total Monthly Debt Service | $2,661 |
| DSCR Ratio | 1.19x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2021
6,969 sqft lot
$N/A/sqft
$167 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29575, Myrtle Beach, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,239 (100%) |
| Owner Occupied HU | 7,983 (49.2%) |
| Renter Occupied HU | 2,316 (14.3%) |
| Vacant Housing Units | 5,940 (36.6%) |
| Median Home Value | $357,758 |
| Average Home Value | $393,262 |
Housing Distribution
Address Breakdown
Residential
12,623
Single Family
9,908
Multi-Family
2,715
Businesses
702
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 2021
6,969 sqft lot
$N/A/sqft
$167 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29575, Myrtle Beach, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,239 (100%) |
| Owner Occupied HU | 7,983 (49.2%) |
| Renter Occupied HU | 2,316 (14.3%) |
| Vacant Housing Units | 5,940 (36.6%) |
| Median Home Value | $357,758 |
| Average Home Value | $393,262 |
Housing Distribution
Address Breakdown
Residential
12,623
Single Family
9,908
Multi-Family
2,715
Businesses
702
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices