Myrtle Beach, SC Long-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Myrtle Beach, SC. Based on 50+ datapoints.
Myrtle Beach, SC Long-Term Rental Investment Snapshot
Based on 50+ long-term rental datapoints
Median Cap Rate
4.5%
Avg Cash on Cash
-9.7%
Median Cashflow
-$529/mo
Avg Rent Estimate
$2,330/mo
Avg Price
$429,373
Price Range
$187,400 - $950,000
Rent to Price
0.54%
low ratio
Positive Cashflow
9%
of analyzed properties
Recent real estate investor listings analysed as long-term rental deals in Myrtle Beach, SC
Myrtle Beach, SC is primarily an appreciation-driven market for long-term rental investors. Cap rates average 4.5%, typical of premium markets where property value growth complements rental income. Investors here build equity through appreciation while rental income covers holding costs.
Based on 50+ analyzed properties, the median monthly cashflow in Myrtle Beach, SC is -$529 with average rents of $2,330/month. Properties range from $187,400 to $950,000, offering entry points across multiple investment budgets.
7983 Swansong Circle, Myrtle Beach, SC 29579
Price
$369,200
Rent
$2,605
CachFlow
-$332
CoC
-5.14
406 Harbour View Dr., Myrtle Beach, SC 29579
Price
$649,900
Rent
$3,011
CachFlow
-$1,761
CoC
-15.48
4361 Cross Cut Trail, Myrtle Beach, SC 29579
Price
$239,500
Rent
$2,071
CachFlow
-$35
CoC
-0.84
Myrtle Beach, SC Rental Market Insights
- •Median cashflow is -$529/month — careful deal selection is essential here
- •4.5% median cap rate is typical of appreciation-focused markets
- •At 9% positive cashflow rate, Myrtle Beach, SC requires selective property picks
- •Premium market with properties from $187,400 to $950,000
- •Consider this market if your strategy favors equity growth with rental income covering holding costs