91 Offshore Dr.Murrells InletSC29576
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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 Murrells Inlet at 91 Offshore Dr, Murrells Inlet, SC, 29576 priced at $165,000 converts $1,257/mo rent into $274/mo cash flow after a $808/mo obligation. Total monthly income equals $1,257/mo, and annual cash flow totals $3,293/yr on $54,698 invested. Return on cash invested prints 25.93% in year one, and rental yield reads 9.14% against a $165,000 entry. Equity gained on principal adds $1,065/yr, while 5% annual appreciation compiles into $45,586 by year five. Five-year ROI reaches 134.88% and total cumulative return in cash sums $73,775. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,257/mo property income covering a $808/mo payment, not borrower’s personal income.
Manufactured
Built in 2021
N/A 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: Jeff Gerring • Realty ONE Group Dockside
Mls Name: CCAR
Mls ID: #2529197