KERRY Plan, Summit at MeridianMyrtle BeachSC29577
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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 KERRY Plan, Summit at Meridian, Myrtle Beach, SC, 29577 at $334,490 posts ROI 24.34% with $409/mo cash flow from $2,400/mo rent. Total monthly income equals $2,400/mo, and annual cash flow records $4,908/yr on $110,883 to close. Return on cash invested measures 24.34% and rental yield reads 8.61% at the current $334,490. Equity gained on principal adds $2,158/yr, and 5% annual appreciation supports $92,413 by year five. Five-year ROI prints 126.26% and total cumulative return in cash totals $139,996.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,400/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29577, Myrtle Beach, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,187 (100%) |
| Owner Occupied HU | 10,767 (44.5%) |
| Renter Occupied HU | 7,443 (30.8%) |
| Vacant Housing Units | 5,977 (24.7%) |
| Median Home Value | $386,984 |
| Average Home Value | $425,164 |
Housing Distribution
Address Breakdown
Residential
20,975
Single Family
16,599
Multi-Family
4,376
Businesses
2,968
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Listed by: Meridian • D.R. Horton - Myrtle Beach South
Mls Name: DR Horton
Mls Provider:
Mls ID: #N/A