The Wave Crest Plan, Traditions at Carolina Forest, Myrtle Beach, SC, 29579 | $345/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Myrtle Beach at The Wave Crest Plan, Traditions at Carolina Forest, Myrtle Beach, SC, 29579 offers $2,934/mo rent that, after a $2,129/mo payment, leaves $345/mo cash flow. Total monthly income is $2,934/mo, and annual cash flow is $4,137/yr on $144,169 cash. Return on cash invested measures 22.78% in year one, and rental yield stands at 8.1% at a $434,900 entry. Equity gained on principal adds $2,806/yr while 5% annual appreciation compounds into $120,155 by year five. Five-year ROI records 117.92% and total cumulative return in cash reaches $170,009. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,934/mo property income versus a $2,129/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 2025

N/A lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 29579, Myrtle Beach, SC area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	29,319 (100%)
Owner Occupied HU	17,677 (60.3%)
Renter Occupied HU	7,507 (25.6%)
Vacant Housing Units	4,135 (14.1%)
Median Home Value	$370,725
Average Home Value	$418,546