1452 Winding Creek Way Phase 3A Lot 254Myrtle BeachSC29588
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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 Myrtle Beach at 1452 Winding Creek Way Phase 3A Lot 254, Myrtle Beach, SC, 29588 uses $145,528 cash to close to unlock $2,237/yr annual cash flow and $186/mo monthly cash flow. Total monthly income runs $2,800/mo, and a $2,149/mo payment keeps the spread at $186/mo. Purchase price stands at $438,998, and rental yield measures 7.65% with $2,800/mo rent. Return on cash invested shows 21.45% in year one, and 5% annual appreciation builds toward $121,287 over five years. Five-year ROI reaches 110.78% and total cumulative return in cash records $161,216. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,800/mo property income covering a $2,149/mo payment rather than investor’s personal income.
Single Family
Built in 2025
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29588, Myrtle Beach, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,273 (100%) |
| Owner Occupied HU | 17,595 (67.0%) |
| Renter Occupied HU | 5,626 (21.4%) |
| Vacant Housing Units | 3,052 (11.6%) |
| Median Home Value | $312,579 |
| Average Home Value | $340,906 |
Housing Distribution
Address Breakdown
Residential
24,236
Single Family
20,622
Multi-Family
3,614
Businesses
1,149
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Listed by: Lauren M Castellano • Pulte Home Company, LLC
Mls Name: CCAR
Mls ID: #2524626