5201 Double Eagle Way Lot 22North Myrtle BeachSC29582
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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 North Myrtle Beach at 5201 Double Eagle Way Lot 22, North Myrtle Beach, SC, 29582 earns from $3,556/mo rent with a $2,927/mo payment. Total monthly income totals $3,556/mo. ROI tracks 20.04% on current figures, and rental yield reads 7.14% at a $597,950 purchase. Equity gained on principal adds $3,858/yr, and 5% annual appreciation supports $165,203 over five years. Five-year ROI reaches 103.2% and total cumulative return in cash sums $203,020. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,556/mo property income instead of your personal income.
Townhouse
Built in 2023
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29582, North Myrtle Beach, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,971 (100%) |
| Owner Occupied HU | 8,741 (31.3%) |
| Renter Occupied HU | 2,173 ( 7.8%) |
| Vacant Housing Units | 17,057 (61.0%) |
| Median Home Value | $429,213 |
| Average Home Value | $486,164 |
Housing Distribution
Address Breakdown
Residential
14,598
Single Family
10,230
Multi-Family
4,368
Businesses
1,216
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Listed by: Josh Meetre • Century 21 Palms Realty
Mls Name: CCAR
Mls ID: #2522363