2713 Leo Dr.Myrtle BeachSC29575
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 2713 Leo Dr, Myrtle Beach, SC, 29575 listed at $155,900 pairs $2,243/mo rent with a $763/mo payment to leave $1,315/mo cash flow. Total monthly income runs $2,243/mo, and annual cash flow reaches $15,780/yr on $51,681 cash to close. Return on cash invested measures 50.44% in year one, and rental yield registers 17.26% at a $155,900 basis. Equity gained on principal adds $1,006/yr, and annual property appreciation at 5% supports $43,072 by year five. Five-year ROI tracks 266.39% and total cumulative return in cash totals $137,674. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,243/mo property income relative to a $763/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1991
N/A lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Natalie L LaBruce • Grand Strand Coastal Realty
Mls Name: CCAR
Mls Provider:
Mls ID: #2516932
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.