231 Broughton DrMyrtle BeachSC29579
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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 231 Broughton Dr, Myrtle Beach, SC, 29579 offers $2,640/mo rent that, after a $2,662/mo payment. Total monthly income is $2,640/mo. Return on cash invested measures 16.05% in year one, and rental yield stands at 5.82% at a $543,900 entry. Equity gained on principal adds $3,510/yr while 5% annual appreciation compounds into $150,270 by year five. Five-year ROI records 81.82% and total cumulative return in cash reaches $146,415. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,640/mo property income versus a $2,662/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29579, Myrtle Beach, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,319 (100%) |
| Owner Occupied HU | 17,677 (60.3%) |
| Renter Occupied HU | 7,507 (25.6%) |
| Vacant Housing Units | 4,135 (14.1%) |
| Median Home Value | $370,725 |
| Average Home Value | $418,546 |
Housing Distribution
Address Breakdown
Residential
29,078
Single Family
23,909
Multi-Family
5,169
Businesses
1,094
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Listed by: Nicole Maggio-Deaton • Chesapeake Homes - Coastal South Carolina Sales Office
Mls Name: Nexus MLS
Mls Provider:
Mls ID: #N450000000451
Disclaimer: Listing information is provided by the Nexus Multiple Listing Service. Property information is based on available data that may include MLS information, county records, and other sources. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. 2025 Nexus MLS. All rights are reserved.