156 Parmelee Dr. UNIT BMurrells 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 156 Parmelee Dr. UNIT B, Murrells Inlet, SC, 29576 with 5% annual appreciation on a $389,800 basis while $2,857/mo rent supports operations. Total monthly income totals $2,857/mo and a $1,908/mo payment preserves $371/mo for cash returns. Annual cash flow comes to $4,458/yr on $129,219 deployed, and return on cash invested reaches 23.36% in year one. Equity gained on principal adds $2,515/yr, and five-year appreciation sums $107,695 alongside rental yield of 8.8%. Five-year ROI measures 121.59% and total cumulative return in cash totals $157,121.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,857/mo property income versus a $1,908/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
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: David "shavey" Drury • Realty ONE Group DocksideSouth
Mls Name: CCAR
Mls Provider:
Mls ID: #2503460
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.