9994 Beach Club Dr. #301Myrtle 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 $3,127/mo, and a $3,964/mo payment. Purchase price stands at $809,900, and rental yield measures 4.63% with $3,127/mo rent. Return on cash invested shows 12.43% in year one, and 5% annual appreciation builds toward $223,760 over five years. Five-year ROI reaches 62.39% and total cumulative return in cash records $166,232. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,127/mo property income covering a $3,964/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: Robin L Bailey • Leonard Call - Kingston
Mls Name: CCAR
Mls ID: #2517897