2274 Huntingdon Dr. UNIT HMyrtle 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 Myrtle Beach at 2274 Huntingdon Dr. UNIT H, Myrtle Beach, SC, 29575 priced at $189,999 converts $1,499/mo rent into after a $930/mo obligation. Total monthly income equals $1,499/mo. Return on cash invested prints 19.39% in year one, and rental yield reads 9.47% against a $189,999 entry. Equity gained on principal adds $1,226/yr, while 5% annual appreciation compiles into $52,493 by year five. Five-year ROI reaches 102.48% and total cumulative return in cash sums $64,548. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,499/mo property income covering a $930/mo payment, not borrower’s personal income.
Condo
Built in 1995
N/A lot
$N/A/sqft
$395 monthly 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: Sollecito Advantage Group • CB Sea Coast Advantage MI
Mls Name: CCAR
Mls Provider:
Mls ID: #2423958
Disclaimer: Provided courtesy of the Coastal Carolinas MLS. Copyright 2025 of the Coastal Carolinas MLS. All rights reserved. Information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Coastal Carolinas MLS.