96 Bonnie Bridge CircleMyrtle BeachSC29579
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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 96 Bonnie Bridge Circle, Myrtle Beach, SC, 29579 offers $2,141/mo rent that, after a $1,370/mo payment, leaves $475/mo cash flow. Total monthly income is $2,141/mo, and annual cash flow is $5,696/yr on $92,820 cash. Return on cash invested measures 26.05% in year one, and rental yield stands at 9.18% at a $280,000 entry. Equity gained on principal adds $1,807/yr while 5% annual appreciation compounds into $77,359 by year five. Five-year ROI records 135.45% and total cumulative return in cash reaches $125,721. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,141/mo property income versus a $1,370/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2006
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29579, Myrtle Beach, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,319 (100%) |
| Owner Occupied HU | 17,677 (60.3%) |
| Renter Occupied HU | 7,507 (25.6%) |
| Vacant Housing Units | 4,135 (14.1%) |
| Median Home Value | $370,725 |
| Average Home Value | $418,546 |
Housing Distribution
Address Breakdown
Residential
29,078
Single Family
23,909
Multi-Family
5,169
Businesses
1,094
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Listed by: Davis & Hodges Team • CB Sea Coast Advantage CF
Mls Name: CCAR
Mls ID: #2530101