5231 Casentino Ct.Myrtle BeachSC29579
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 5231 Casentino Ct, Myrtle Beach, SC, 29579 uses $149,142 cash to close to unlock $2,050/yr annual cash flow and $171/mo monthly cash flow. Total monthly income runs $2,849/mo, and a $2,202/mo payment keeps the spread at $171/mo. Purchase price stands at $449,900, and rental yield measures 7.6% with $2,849/mo rent. Return on cash invested shows 21.28% in year one, and 5% annual appreciation builds toward $124,299 over five years. Five-year ROI reaches 109.9% and total cumulative return in cash records $163,906. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,849/mo property income covering a $2,202/mo payment rather than investor’s personal income.
Single Family
Built in 2016
8,712 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Yana Lynch • Fidei Real Estate Int'l
Mls Name: CCAR
Mls ID: #2516640