1719 Low Country Pl. UNIT BMyrtle BeachSC29577
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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 Myrtle Beach at 1719 Low Country Pl. UNIT B, Myrtle Beach, SC, 29577 priced at $215,000 converts $1,767/mo rent into $112/mo cash flow after a $1,052/mo obligation. Total monthly income equals $1,767/mo, and annual cash flow totals $1,350/yr on $71,273 invested. Return on cash invested prints 21.8% in year one, and rental yield reads 9.86% against a $215,000 entry. Equity gained on principal adds $1,387/yr, while 5% annual appreciation compiles into $59,401 by year five. Five-year ROI reaches 115.01% and total cumulative return in cash sums $81,973. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,767/mo property income covering a $1,052/mo payment, not borrower’s personal income.
Condo
Built in 2012
N/A lot
$N/A/sqft
$375 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29577, Myrtle Beach, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,187 (100%) |
| Owner Occupied HU | 10,767 (44.5%) |
| Renter Occupied HU | 7,443 (30.8%) |
| Vacant Housing Units | 5,977 (24.7%) |
| Median Home Value | $386,984 |
| Average Home Value | $425,164 |
Housing Distribution
Address Breakdown
Residential
20,975
Single Family
16,599
Multi-Family
4,376
Businesses
2,968
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Listed by: Laura Hill • Beach & Forest Realty
Mls Name: CCAR
Mls Provider:
Mls ID: #2418993
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.