421 Cambridge Circle UNIT F8Murrells 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
Rental property for sale in Murrells Inlet at 421 Cambridge Circle UNIT F8, Murrells Inlet, SC, 29576 priced at $164,999 converts $1,618/mo rent into $255/mo cash flow after a $808/mo obligation. Total monthly income equals $1,618/mo, and annual cash flow totals $3,065/yr on $54,697 invested. Return on cash invested prints 25.51% in year one, and rental yield reads 11.77% against a $164,999 entry. Equity gained on principal adds $1,065/yr, while 5% annual appreciation compiles into $45,586 by year five. Five-year ROI reaches 135.67% and total cumulative return in cash sums $74,207. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,618/mo property income covering a $808/mo payment, not borrower’s personal income.
Condo
Built in 1984
N/A lot
$N/A/sqft
$380 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: Crystal Bradley • Keller Williams Innovate South
Mls Name: CCAR
Mls Provider:
Mls ID: #2423790
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.