6900 N Ocean BlvdMyrtle BeachSC29572
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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 6900 N Ocean Blvd, Myrtle Beach, SC, 29572 listed at $159,000 pairs $1,196/mo rent with a $778/mo payment to leave $194/mo cash flow. Total monthly income runs $1,196/mo, and annual cash flow reaches $2,323/yr on $52,709 cash to close. Return on cash invested measures 24.32% in year one, and rental yield registers 9.03% at a $159,000 basis. Equity gained on principal adds $1,026/yr, and annual property appreciation at 5% supports $43,929 by year five. Five-year ROI tracks 126.65% and total cumulative return in cash totals $66,756. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,196/mo property income relative to a $778/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1960
1.01 Acres 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
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Listed by: Sabriya Scott • Scott Realty Professionals
Mls Name: REsides, Inc.
Mls Provider:
Mls ID: #451768
Disclaimer: We do not attempt to independently verify the currency, completeness, accuracy or authenticity of the data contained herein. It may be subject to transcription and transmission errors. Accordingly, the data is provided on an as is as available basis only and may not reflect all real estate activity in the market. 2025 REsides, Inc. All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, REsides, Inc.