9607 Kings Grant Dr.Murrells InletSC29576
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
Rental property for sale in Murrells Inlet at 9607 Kings Grant Dr, Murrells Inlet, SC, 29576 generates $2,352/mo in rent and, after a $1,639/mo payment, leaves $359/mo in cash flow. Total monthly income is $2,352/mo, and annual cash flow is $4,303/yr on $111,019 invested. Return on cash invested sits at 23.78% in year one, and rental yield is 8.43% on a $334,900 entry. Equity gained on principal adds $2,161/yr, while 5% annual appreciation builds toward $92,527 over five years. Five-year ROI reaches 123.33% and total cumulative return in cash sums $136,921. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,352/mo property income rather than buyer’s personal income.
Single Family
Built in 1995
6,098 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Peace Groat Property Advisors • Peace Sotheby's Intl Realty PI
Mls Name: CCAR
Mls ID: #2511782