2151 Bridge View Ct UNIT 1204North Myrtle BeachSC29582
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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 North Myrtle Beach at 2151 Bridge View Ct UNIT 1204, North Myrtle Beach, SC, 29582 offers a 8.22% rental yield on a $579,900 purchase with $3,974/mo rent. 88% in year one. Equity gained on principal adds $3,742/yr while 5% annual appreciation supports $160,216 over five years. Portfolio math shows five-year ROI at 88.6% and total cumulative return in cash at $169,045. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,974/mo property income against a $2,838/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2006
10,000 sqft lot
$N/A/sqft
$950 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29582, North Myrtle Beach, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,971 (100%) |
| Owner Occupied HU | 8,741 (31.3%) |
| Renter Occupied HU | 2,173 ( 7.8%) |
| Vacant Housing Units | 17,057 (61.0%) |
| Median Home Value | $429,213 |
| Average Home Value | $486,164 |
Housing Distribution
Address Breakdown
Residential
14,598
Single Family
10,230
Multi-Family
4,368
Businesses
1,216
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Listed by: N/A • N/A
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