928 Strand Ave. Strand Ave.North Myrtle BeachSC29582
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 North Myrtle Beach at 928 Strand Ave. Strand Ave, North Myrtle Beach, SC, 29582 earns from $3,650/mo rent with a $9,299/mo payment. Total monthly income totals $3,650/mo. ROI tracks 5.44% on current figures, and rental yield reads 2.31% at a $1,899,850 purchase. Equity gained on principal adds $12,259/yr, and 5% annual appreciation supports $524,894 over five years. Five-year ROI reaches 24.83% and total cumulative return in cash sums $152,812. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,650/mo property income instead of your personal income.
Single Family
Built in 2021
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29582, North Myrtle Beach, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,971 (100%) |
| Owner Occupied HU | 8,741 (31.3%) |
| Renter Occupied HU | 2,173 ( 7.8%) |
| Vacant Housing Units | 17,057 (61.0%) |
| Median Home Value | $429,213 |
| Average Home Value | $486,164 |
Housing Distribution
Address Breakdown
Residential
14,598
Single Family
10,230
Multi-Family
4,368
Businesses
1,216
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Blane B Sparks • NorthGroup Real Estate LLC
Mls Name: CCAR
Mls ID: #2511170