315 Broughton DrMyrtle BeachSC29579
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 315 Broughton Dr, Myrtle Beach, SC, 29579 listed at $538,900 pairs $3,810/mo rent with a $2,638/mo payment to leave $602/mo cash flow. Total monthly income runs $3,810/mo, and annual cash flow reaches $7,220/yr on $177,298 cash to close. Return on cash invested measures 24.13% in year one, and rental yield registers 8.48% at a $538,900 basis. Equity gained on principal adds $3,477/yr, and annual property appreciation at 5% supports $148,888 by year five. Five-year ROI tracks 125.14% and total cumulative return in cash totals $221,873. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,810/mo property income relative to a $2,638/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nicole Maggio-Deaton • Chesapeake Homes - Coastal South Carolina Sales Office
Mls Name: Nexus MLS
Mls Provider:
Mls ID: #N450000000210
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.