121 Parmelee DrMurrells 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 121 Parmelee Dr, Murrells Inlet, SC, 29576 with 5% annual appreciation on a $379,900 basis while $2,359/mo rent supports operations. Total monthly income totals $2,359/mo and a $1,859/mo payment preserves $98/mo for cash returns. Annual cash flow comes to $1,175/yr on $125,937 deployed, and return on cash invested reaches 20.84% in year one. Equity gained on principal adds $2,451/yr, and five-year appreciation sums $104,959 alongside rental yield of 7.45%. Five-year ROI measures 107.52% and total cumulative return in cash totals $135,413.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,359/mo property income versus a $1,859/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 2012
3,484 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: Linda D Dixon • Associated Pearl Real Estate
Mls Name: Pee Dee Realtor Association
Mls ID: #20252465