305 Goddard LnMurrells InletSC29576
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 Murrells Inlet at 305 Goddard Ln, Murrells Inlet, SC, 29576 uses $158,921 cash to close to unlock $1,112/yr annual cash flow and $93/mo monthly cash flow. Total monthly income runs $2,989/mo, and a $2,346/mo payment keeps the spread at $93/mo. Purchase price stands at $479,400, and rental yield measures 7.48% with $2,989/mo rent. Return on cash invested shows 20.61% in year one, and 5% annual appreciation builds toward $132,449 over five years. Five-year ROI reaches 106.41% and total cumulative return in cash records $169,100. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,989/mo property income covering a $2,346/mo payment rather than investor’s personal income.
Single Family
Built in 2009
8,276 sqft lot
$N/A/sqft
$43 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A