515 Tuckahoe RdMyrtle 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 515 Tuckahoe Rd, Myrtle Beach, SC, 29579 listed at $260,400 pairs $2,461/mo rent with a $1,275/mo payment to leave $910/mo cash flow. Total monthly income runs $2,461/mo, and annual cash flow reaches $10,925/yr on $86,323 cash to close. Return on cash invested measures 32.56% in year one, and rental yield registers 11.34% at a $260,400 basis. Equity gained on principal adds $1,680/yr, and annual property appreciation at 5% supports $71,944 by year five. Five-year ROI tracks 170.43% and total cumulative return in cash totals $147,119. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,461/mo property income relative to a $1,275/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
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Listed by: N/A • N/A
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Mls ID: #N/A