828 Channel Cat CoveMurrells InletSC29576
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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
Rental property for sale in Murrells Inlet at 828 Channel Cat Cove, Murrells Inlet, SC, 29576 priced at $1,125,000 pairs $4,692/mo rent with after a $5,506/mo payment. Total monthly income equals $4,692/mo. Return on cash invested is 13.77% in year one, and rental yield stands at 5% on a $1,125,000 basis. Equity gained on principal adds $7,259/yr, and 5% annual appreciation accumulates to $310,817 by year five. Five-year ROI measures 69.51% and total cumulative return in cash reaches $253,364. For financing, Ziffy Mortgage’s DSCR program evaluates $4,692/mo property income against a $5,506/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2021
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29576, Murrells Inlet, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,359 (100%) |
| Owner Occupied HU | 14,811 (60.8%) |
| Renter Occupied HU | 2,747 (11.3%) |
| Vacant Housing Units | 6,801 (27.9%) |
| Median Home Value | $355,994 |
| Average Home Value | $391,208 |
Housing Distribution
Address Breakdown
Residential
20,158
Single Family
17,920
Multi-Family
2,238
Businesses
1,258
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Listed by: Lisa A Duncan-Wellons • Fitzgerald Realty Inc
Mls Name: CCAR
Mls ID: #2524797