2463 Hunters TrailMyrtle BeachSC29588
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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 2463 Hunters Trail, Myrtle Beach, SC, 29588 offers a 7.53% rental yield on a $335,000 purchase with $2,103/mo rent. Total monthly income registers $2,103/mo, and a $1,640/mo payment leaves $108/mo available for distribution. Annual cash flow reaches $1,302/yr on $111,053 to close, and return on cash invested stands at 21.08% in year one. Equity gained on principal adds $2,162/yr while 5% annual appreciation supports $92,554 over five years. Portfolio math shows five-year ROI at 108.84% and total cumulative return in cash at $120,872. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,103/mo property income against a $1,640/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2004
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29588, Myrtle Beach, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,273 (100%) |
| Owner Occupied HU | 17,595 (67.0%) |
| Renter Occupied HU | 5,626 (21.4%) |
| Vacant Housing Units | 3,052 (11.6%) |
| Median Home Value | $312,579 |
| Average Home Value | $340,906 |
Housing Distribution
Address Breakdown
Residential
24,236
Single Family
20,622
Multi-Family
3,614
Businesses
1,149
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Listed by: Ryan C Schubiger • Coastal Tides Realty
Mls Name: CCAR
Mls ID: #2600842