838 Mourning Dove Dr.Myrtle BeachSC29577
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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 838 Mourning Dove Dr, Myrtle Beach, SC, 29577 with 5% annual appreciation on a $609,900 basis while $2,832/mo rent supports operations. 29% in year one. Equity gained on principal adds $3,936/yr, and five-year appreciation sums $168,504 alongside rental yield of 5.57%. Five-year ROI measures 77.71% and total cumulative return in cash totals $155,928. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,832/mo property income versus a $2,985/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2020
7,840 sqft 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
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Listed by: Robin Smith • Weichert Realtors SB
Mls Name: CCAR
Mls ID: #2521755