501 Maison Dr. #G-7Myrtle BeachSC29572
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 501 Maison Dr. #G-7, Myrtle Beach, SC, 29572 at $228,500 posts ROI 23.05% with $198/mo cash flow from $1,558/mo rent. Total monthly income equals $1,558/mo, and annual cash flow records $2,378/yr on $75,748 to close. Return on cash invested measures 23.05% and rental yield reads 8.18% at the current $228,500. Equity gained on principal adds $1,474/yr, and 5% annual appreciation supports $63,130 by year five. Five-year ROI prints 119.42% and total cumulative return in cash totals $90,460.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,558/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1985
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29572, Myrtle Beach, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,424 (100%) |
| Owner Occupied HU | 4,434 (33.0%) |
| Renter Occupied HU | 2,349 (17.5%) |
| Vacant Housing Units | 6,641 (49.5%) |
| Median Home Value | $484,365 |
| Average Home Value | $523,517 |
Housing Distribution
Address Breakdown
Residential
8,575
Single Family
6,082
Multi-Family
2,493
Businesses
982
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Angela DeMarta • BHGRE Paracle Myrtle Beach
Mls Name: CCAR
Mls ID: #2528990