211 Chesapeake Ln.Murrells InletSC29576
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 211 Chesapeake Ln, Murrells Inlet, SC, 29576 at $417,500 posts ROI 21.14% with $142/mo cash flow from $2,627/mo rent. Total monthly income equals $2,627/mo, and annual cash flow records $1,706/yr on $138,401 to close. Return on cash invested measures 21.14% and rental yield reads 7.55% at the current $417,500. Equity gained on principal adds $2,694/yr, and 5% annual appreciation supports $115,348 by year five. Five-year ROI prints 109.17% and total cumulative return in cash totals $151,094.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,627/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2006
6,098 sqft lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Matt Harper Team • Coastal Tides Realty
Mls Name: CCAR
Mls ID: #2527397