223 Maison Dr #C-13Myrtle BeachSC29572
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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 223 Maison Dr #C-13, Myrtle Beach, SC, 29572 uses $101,373 cash to close to unlock $17,188/yr annual cash flow and $1,432/mo monthly cash flow. Total monthly income runs $3,253/mo, and a $1,497/mo payment keeps the spread at $1,432/mo. Purchase price stands at $305,800, and rental yield measures 12.77% with $3,253/mo rent. Return on cash invested shows 36.86% in year one, and 5% annual appreciation builds toward $84,487 over five years. Five-year ROI reaches 193.49% and total cumulative return in cash records $196,149. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,253/mo property income covering a $1,497/mo payment rather than investor’s personal income.
Condo
Built in 1984
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29572, Myrtle Beach, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,424 (100%) |
| Owner Occupied HU | 4,434 (33.0%) |
| Renter Occupied HU | 2,349 (17.5%) |
| Vacant Housing Units | 6,641 (49.5%) |
| Median Home Value | $484,365 |
| Average Home Value | $523,517 |
Housing Distribution
Address Breakdown
Residential
8,575
Single Family
6,082
Multi-Family
2,493
Businesses
982
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