1204 Wading Heron Rd.North Myrtle BeachSC29582
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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 North Myrtle Beach at 1204 Wading Heron Rd, North Myrtle Beach, SC, 29582 at $679,900 posts ROI 17.33% with from $3,656/mo rent. Total monthly income equals $3,656/mo. Return on cash invested measures 17.33% and rental yield reads 6.45% at the current $679,900. Equity gained on principal adds $4,387/yr, and 5% annual appreciation supports $187,844 by year five. Five-year ROI prints 88.88% and total cumulative return in cash totals $198,809. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,656/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2009
0.27 Acres lot
$N/A/sqft
$118 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29582, North Myrtle Beach, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,971 (100%) |
| Owner Occupied HU | 8,741 (31.3%) |
| Renter Occupied HU | 2,173 ( 7.8%) |
| Vacant Housing Units | 17,057 (61.0%) |
| Median Home Value | $429,213 |
| Average Home Value | $486,164 |
Housing Distribution
Address Breakdown
Residential
14,598
Single Family
10,230
Multi-Family
4,368
Businesses
1,216
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Listed by: The Engler Group • INNOVATE Real Estate
Mls Name: CCAR
Mls Provider:
Mls ID: #2521695
Disclaimer: Provided courtesy of the Coastal Carolinas MLS. Copyright 2025 of the Coastal Carolinas MLS. All rights reserved. Information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Coastal Carolinas MLS.