98 Offshore Dr.Murrells 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
Investment property for sale in Murrells Inlet at 98 Offshore Dr, Murrells Inlet, SC, 29576 earns from $823/mo rent with a $513/mo payment. Total monthly income totals $823/mo. ROI tracks 10.73% on current figures, and rental yield reads 9.41% at a $104,900 purchase. Equity gained on principal adds $677/yr, and 5% annual appreciation supports $28,982 over five years. Five-year ROI reaches 59.1% and total cumulative return in cash sums $20,550. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $823/mo property income instead of your personal income.
Manufactured
Built in 2005
N/A lot
$N/A/sqft
$465 monthly 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: Tommy Schneider • ERA Real Estate Modo
Mls Name: CCAR
Mls Provider:
Mls ID: #2511777
Disclaimer: Provided courtesy of the Coastal Carolinas MLS. Copyright 2025 of the Coastal Carolinas MLS. All rights reserved. Information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Coastal Carolinas MLS.