9550 Shore Dr #1635/1636Myrtle BeachSC29572
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 Myrtle Beach at 9550 Shore Dr #1635/1636, Myrtle Beach, SC, 29572 offers a 7.72% rental yield on a $332,600 purchase with $2,141/mo rent. Total monthly income registers $2,141/mo, and a $1,628/mo payment leaves $161/mo available for distribution. Annual cash flow reaches $1,932/yr on $110,257 to close, and return on cash invested stands at 21.66% in year one. Equity gained on principal adds $2,146/yr while 5% annual appreciation supports $91,891 over five years. Portfolio math shows five-year ROI at 111.92% and total cumulative return in cash at $123,395. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,141/mo property income against a $1,628/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Home Type Unknown
Built in N/A
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A