1931 Lakeview CircleMyrtle BeachSC29575
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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 1931 Lakeview Circle, Myrtle Beach, SC, 29575 earns $49/mo cash flow from $2,513/mo rent with a $2,026/mo payment. Total monthly income totals $2,513/mo, and annual cash flow totals $586/yr on $137,241 capital. ROI tracks 20.34% on current figures, and rental yield reads 7.28% at a $414,000 purchase. Equity gained on principal adds $2,671/yr, and 5% annual appreciation supports $114,381 over five years. Five-year ROI reaches 104.82% and total cumulative return in cash sums $143,851. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,513/mo property income instead of your personal income.
Single Family
Built in 1978
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29575, Myrtle Beach, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,239 (100%) |
| Owner Occupied HU | 7,983 (49.2%) |
| Renter Occupied HU | 2,316 (14.3%) |
| Vacant Housing Units | 5,940 (36.6%) |
| Median Home Value | $357,758 |
| Average Home Value | $393,262 |
Housing Distribution
Address Breakdown
Residential
12,623
Single Family
9,908
Multi-Family
2,715
Businesses
702
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Listed by: Jerry Pinkas Team • Jerry Pinkas R E Experts
Mls Name: CCAR
Mls ID: #2513886