714 Charlotte Rd.Myrtle BeachSC29577
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 714 Charlotte Rd, Myrtle Beach, SC, 29577 with 5% annual appreciation on a $579,000 basis while $2,870/mo rent supports operations. 43% in year one. Equity gained on principal adds $3,736/yr, and five-year appreciation sums $159,967 alongside rental yield of 5.95%. Five-year ROI measures 83.83% and total cumulative return in cash totals $159,691. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,870/mo property income versus a $2,834/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2023
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29577, Myrtle Beach, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,187 (100%) |
| Owner Occupied HU | 10,767 (44.5%) |
| Renter Occupied HU | 7,443 (30.8%) |
| Vacant Housing Units | 5,977 (24.7%) |
| Median Home Value | $386,984 |
| Average Home Value | $425,164 |
Housing Distribution
Address Breakdown
Residential
20,975
Single Family
16,599
Multi-Family
4,376
Businesses
2,968
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Maria Shonte' S Creel-Jordan • Realty ONE Group DocksideNorth
Mls Name: CCAR
Mls ID: #2522192