93 Knotty Pine Way Community access to the ICW with Boat RampMurrells 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 93 Knotty Pine Way Community access to the ICW with Boat Ramp, Murrells Inlet, SC, 29576 generates $5,251/mo in rent, after a $5,506/mo payment. Total monthly income is $5,251/mo. Return on cash invested sits at 15.61% in year one, and rental yield is 5.6% on a $1,125,000 entry. Equity gained on principal adds $7,259/yr, while 5% annual appreciation builds toward $310,817 over five years. Five-year ROI reaches 79.38% and total cumulative return in cash sums $289,352. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,251/mo property income rather than buyer’s personal income.
Single Family
Built in 2007
0.41 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: Brandy Campbell • Century 21 Palms Realty
Mls Name: CCAR
Mls ID: #2523862