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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Myrtle Beach, SC
Listed for sale 1 day ago
$ 199,900
ROI
24.8
Cash Flow/m
280- 2 Bed
- 2 Bath
- 1000 sft
4765 Wild Iris Dr. #35-202, Myrtle Beach, SC, 29577
$ 129,900
ROI
26.0Cash Flow/m
227- 2 Bed
- 1 Bath
- 720 sft
613 S 5th Ave. S, Myrtle beach, SC, 29577
Listed for sale 1 day ago
$ 199,000
ROI
24.5Cash Flow/m
265- 2 Bed
- 2 Bath
- 1200 sft
1017 World Tour Blvd. #105, Myrtle Beach, SC, 29579
$ 129,900
ROI
26.8Cash Flow/m
254- 2 Bed
- 2 Bath
- 1064 sft
755 Burcale Rd. #G4, Myrtle beach, SC, 29579
Why Invest in Myrtle Beach, South Carolina?
Myrtle Beach, SC offers compelling investment opportunities in properties under $200k, particularly condos and homes near the beach. Tourism drives strong seasonal rental demand with average yields around 8-10%. Cap rates hover at 7-9% due to affordable entry points and steady appreciation. Renter occupancy exceeds 60%, supported by year-round visitors and retirees. Cash flow potential is solid at $300-500/month for well-located units.
9.5%
Avg. ROI
8.7%
Rental Yield
8.2%
Cap Rate
$420/mo
Avg. Cash Flow
$1250/mo
Avg. Rent
5.8%
1Y Appreciation
Frequently Asked Questions
Yes, numerous condos and single-family homes under $200k are available, especially beach-adjacent units. These offer strong rental potential from tourism. Focus on properties with good HOA management for best returns.
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