863 Cipriana Dr.Myrtle 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
Rental property for sale in Myrtle Beach at 863 Cipriana Dr, Myrtle Beach, SC, 29572 offers $4,250/mo rent that, after a $4,674/mo payment. Total monthly income is $4,250/mo. Return on cash invested measures 14.58% in year one, and rental yield stands at 5.34% at a $954,900 entry. Equity gained on principal adds $6,162/yr while 5% annual appreciation compounds into $263,821 by year five. Five-year ROI records 73.93% and total cumulative return in cash reaches $232,252. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,250/mo property income versus a $4,674/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2016
0.26 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: Robbie L Branham Jr • Grand Strand Homes & Land
Mls Name: CCAR
Mls ID: #2528344