196 Bayou LoopSurfside 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
Rental property for sale in Surfside Beach at 196 Bayou Loop, Surfside Beach, SC, 29575 priced at $286,490 converts $1,860/mo rent into $155/mo cash flow after a $1,402/mo obligation. Total monthly income equals $1,860/mo, and annual cash flow totals $1,858/yr on $94,971 invested. Return on cash invested prints 21.86% in year one, and rental yield reads 7.79% against a $286,490 entry. Equity gained on principal adds $1,849/yr, while 5% annual appreciation compiles into $79,152 by year five. Five-year ROI reaches 113% and total cumulative return in cash sums $107,322. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,860/mo property income covering a $1,402/mo payment, not borrower’s personal income.
Townhouse
Built in 2025
N/A 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: N/A • D.R. Horton
Mls Name: DR Horton
Mls Provider:
Mls ID: #N/A