5400 Little River Neck Rd. lot 5North 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 5400 Little River Neck Rd. lot 5, North Myrtle Beach, SC, 29582 earns $565/mo cash flow from $1,607/mo rent with a $857/mo payment. Total monthly income totals $1,607/mo, and annual cash flow totals $6,778/yr on $58,013 capital. ROI tracks 31.59% on current figures, and rental yield reads 11.02% at a $175,000 purchase. Equity gained on principal adds $1,129/yr, and 5% annual appreciation supports $48,349 over five years. Five-year ROI reaches 165.18% and total cumulative return in cash sums $95,827. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,607/mo property income instead of your personal income.
Manufactured
Built in 1999
3,484 sqft 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: Joe A Sulich • Century 21 The Harrelson Group
Mls Name: CCAR
Mls ID: #2523738