2304 Sweetwater Blvd. #2304Murrells InletSC29576
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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 Murrells Inlet at 2304 Sweetwater Blvd. #2304, Murrells Inlet, SC, 29576 listed at $165,000 pairs $1,247/mo rent with a $808/mo payment to leave $264/mo cash flow. Total monthly income runs $1,247/mo, and annual cash flow reaches $3,173/yr on $54,698 cash to close. Return on cash invested measures 25.71% in year one, and rental yield registers 9.07% at a $165,000 basis. Equity gained on principal adds $1,065/yr, and annual property appreciation at 5% supports $45,586 by year five. Five-year ROI tracks 133.72% and total cumulative return in cash totals $73,139. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,247/mo property income relative to a $808/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1994
N/A 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
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Listed by: Burchfield Team • Realty ONE Group DocksideSouth
Mls Name: CCAR
Mls ID: #2521091