339 Black Oak Ln. UNIT 201Murrells InletSC29576
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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 Murrells Inlet at 339 Black Oak Ln. UNIT 201, Murrells Inlet, SC, 29576 earns $189/mo cash flow from $2,203/mo rent with a $1,309/mo payment. Total monthly income totals $2,203/mo, and annual cash flow totals $2,267/yr on $88,676 capital. ROI tracks 22.47% on current figures, and rental yield reads 9.88% at a $267,500 purchase. Equity gained on principal adds $1,726/yr, and 5% annual appreciation supports $73,905 over five years. Five-year ROI reaches 118.31% and total cumulative return in cash sums $104,912. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,203/mo property income instead of your personal income.
Condo
Built in 2007
N/A lot
$N/A/sqft
$422 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
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Listed by: Drew Dellinger • Garden City Realty, Inc
Mls Name: CCAR
Mls Provider:
Mls ID: #2510527
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.