Prosperity Plan, Del Webb North Myrtle BeachNorth Myrtle BeachSC29582
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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 North Myrtle Beach at Prosperity Plan, Del Webb North Myrtle Beach, North Myrtle Beach, SC, 29582 uses $162,100 cash to close to unlock $4,530/yr annual cash flow and $377/mo monthly cash flow. Total monthly income runs $3,288/mo, and a $2,393/mo payment keeps the spread at $377/mo. Purchase price stands at $488,990, and rental yield measures 8.07% with $3,288/mo rent. Return on cash invested shows 22.7% in year one, and 5% annual appreciation builds toward $135,099 over five years. Five-year ROI reaches 117.52% and total cumulative return in cash records $190,495. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,288/mo property income covering a $2,393/mo payment rather than investor’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29582, North Myrtle Beach, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,971 (100%) |
| Owner Occupied HU | 8,741 (31.3%) |
| Renter Occupied HU | 2,173 ( 7.8%) |
| Vacant Housing Units | 17,057 (61.0%) |
| Median Home Value | $429,213 |
| Average Home Value | $486,164 |
Housing Distribution
Address Breakdown
Residential
14,598
Single Family
10,230
Multi-Family
4,368
Businesses
1,216
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Listed by: N/A • Del Webb
Mls Name: Del Webb
Mls Provider:
Mls ID: #N/A