Mainstay Plan, Del Webb North Myrtle Beach,North Myrtle Beach,SC,29582

Investment Highlights

Investment property for sale in North Myrtle Beach at Mainstay Plan, Del Webb North Myrtle Beach, North Myrtle Beach, SC, 29582 listed at $526,990 pairs $3,386/mo rent with a $2,579/mo payment to leave $249/mo cash flow. Total monthly income runs $3,386/mo, and annual cash flow reaches $2,991/yr on $173,380 cash to close. Return on cash invested measures 21.79% in year one, and rental yield registers 7.71% at a $526,990 basis. Equity gained on principal adds $3,401/yr, and annual property appreciation at 5% supports $145,598 by year five. Five-year ROI tracks 112.58% and total cumulative return in cash totals $195,190. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,386/mo property income relative to a $2,579/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).