156 Parmelee Dr. #DMurrells 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
Rental property for sale in Murrells Inlet at 156 Parmelee Dr. #D, Murrells Inlet, SC, 29576 priced at $362,500 converts $2,874/mo rent into $551/mo cash flow after a $1,774/mo obligation. Total monthly income equals $2,874/mo, and annual cash flow totals $6,616/yr on $120,169 invested. Return on cash invested prints 25.41% in year one, and rental yield reads 9.51% against a $362,500 entry. Equity gained on principal adds $2,339/yr, while 5% annual appreciation compiles into $100,152 by year five. Five-year ROI reaches 132.68% and total cumulative return in cash sums $159,434. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,874/mo property income covering a $1,774/mo payment, not borrower’s personal income.
Townhouse
Built in 2014
N/A lot
$N/A/sqft
$165 monthly 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: Coastal Key Group • Coastal Key Group RE Sales
Mls Name: CCAR
Mls Provider:
Mls ID: #2515359
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.