Avery Plan, Promenade at Grande DunesMyrtle BeachSC29572
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 Myrtle Beach at Avery Plan, Promenade at Grande Dunes, Myrtle Beach, SC, 29572 priced at $550,990 converts $3,464/mo rent into $184/mo cash flow after a $2,697/mo obligation. Total monthly income equals $3,464/mo, and annual cash flow totals $2,206/yr on $181,276 invested. Return on cash invested prints 21.28% in year one, and rental yield reads 7.54% against a $550,990 entry. Equity gained on principal adds $3,555/yr, while 5% annual appreciation compiles into $152,228 by year five. Five-year ROI reaches 109.83% and total cumulative return in cash sums $199,101. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,464/mo property income covering a $2,697/mo payment, not borrower’s personal income.
Townhouse
Built in 2026
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • Dream Finders Homes
Mls Name: Dream Finders Homes
Mls Provider:
Mls ID: #N/A