5987 Tramonto St.Myrtle 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 5987 Tramonto St, Myrtle Beach, SC, 29572 listed at $455,000 pairs $3,545/mo rent with a $2,227/mo payment to leave $836/mo cash flow. Total monthly income runs $3,545/mo, and annual cash flow reaches $10,038/yr on $150,833 cash to close. Return on cash invested measures 26.56% in year one, and rental yield registers 9.35% at a $455,000 basis. Equity gained on principal adds $2,936/yr, and annual property appreciation at 5% supports $125,708 by year five. Five-year ROI tracks 138.22% and total cumulative return in cash totals $208,480. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,545/mo property income relative to a $2,227/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2022
4,356 sqft 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: The Mills Group Team • Century 21 Barefoot Realty
Mls Name: CCAR
Mls ID: #2519480