9994 Beach Club Dr. #1907Myrtle BeachSC29572
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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 Myrtle Beach at 9994 Beach Club Dr. Total monthly income runs $2,566/mo, and a $2,687/mo payment. Purchase price stands at $549,000, and rental yield measures 5.61% with $2,566/mo rent. Return on cash invested shows 15.4% in year one, and 5% annual appreciation builds toward $151,679 over five years. Five-year ROI reaches 78.29% and total cumulative return in cash records $141,416. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,566/mo property income covering a $2,687/mo payment rather than investor’s personal income.
Condo
Built in 2007
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
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Listed by: Kristy Trout • ERA Real Estate Modo
Mls Name: CCAR
Mls ID: #2600637