416 Plantation Oaks Dr.Myrtle BeachSC29579
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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 416 Plantation Oaks Dr, Myrtle Beach, SC, 29579 earns from $2,930/mo rent with a $5,262/mo payment. Total monthly income totals $2,930/mo. ROI tracks 8.42% on current figures, and rental yield reads 3.27% at a $1,075,000 purchase. Equity gained on principal adds $6,937/yr, and 5% annual appreciation supports $297,003 over five years. Five-year ROI reaches 40.8% and total cumulative return in cash sums $142,122. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,930/mo property income instead of your personal income.
Single Family
Built in 2026
0.32 Acres 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
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Listed by: Jason T Ellis • JTE Real Estate
Mls Name: CCAR
Mls ID: #2528604